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Have you been reading the news? His potential successors have already signed on with his vision for the city. The Cornell-Technion campus on Roosevelt Island is happening after he steps down. So is the development of the Flatiron district as a startup haven. All of that is pushing through. Do you think the majority of Long Islanders will have a place in all that? Are the academics and researchers in Technion and the technopreneurs in Flatiron going to buy homes in Deer Park? Massapequa? Wantagh? Think harder.
People with MS in Accounting and newly graduated won't be the partners in KKR. They won't be closing deals. All they care about at this point is how to get a paycheck, which is pretty reasonable. What else can you do outside of securities? Not much that will provide for stable income. You can do startups in silicon alley but that's not "stable".
Think harder? Because you mention 1 campus on Roosevelt island? Sounds like one of us needs to think harder, but it ain't me. More hyperbole by you.
Trust me pal, you won't be a partner in KKR. I know nothing about you but will guarantee that. I can move into any industry in a variety of functions.
Think harder? Because you mention 1 campus on Roosevelt island? Sounds like one of us needs to think harder, but it ain't me. More hyperbole by you.
Trust me pal, you won't be a partner in KKR. I know nothing about you but will guarantee that. I can move into any industry in a variety of functions.
You're really not following the news. Cornell-Technion is only one example. NYU and Columbia are doing massive expansions. The hospitals are expanding. Silicon Alley - we all know what's going on. That is the future of NYC - academic, healthcare, media and tech startups. Didn't you know about this? That was charted by Bloomberg and will continue after he steps down. Accept this as something inevitable.
I wouldn't want to be a partner in KKR. That too is a shrinking industry. I agree, you can move into other industries but you won't be working in NYC unless it's something that pays less.
24% of all securities jobs in the USA are in NYC - fact.
You believe LOndon has taken over NYC as finance capital? Ok... Opinion, but I'd rather be in NYC than Richmond LOL
Stamford is becoming a hub, yet another positive for being in NYc metro area
I've got to agree, I'd rather be in NYC than in Richmond too
But as far as NYC retaining the financial capital title, google world's financial capital and see the results. Not too favorable.
Stamford is a hub, but try commuting from LI or Jersey. Even heading to Stamford from NYC in a reverse commute is challenging.
This all begs the question... is compensation keeping up with the raging cost of living? Not bloody likely.
Have you been reading the news? His potential successors have already signed on with his vision for the city. The Cornell-Technion campus on Roosevelt Island is happening after he steps down. So is the development of the Flatiron district as a startup haven. All of that is pushing through. Do you think the majority of Long Islanders will have a place in all that? Are the academics and researchers in Technion and the technopreneurs in Flatiron going to buy homes in Deer Park? Massapequa? Wantagh? Think harder.
It's an interesting idea, and one I thought would happen on Long Island 20 years ago, but sadly never did.
The questions I have is will a tech start-up be cost effective enough in NYC? Given that more and more projects have distributed teams, what would anchor them to NYC? What happens when FB becomes an also ran? This seems like a good idea too late.
Quote:
Facebook lured 80 students to its Madison Avenue offices on July 21 for a 24-hour hackathon, an event organized with CornellNYC. In between bean-toss and mini-basketball games, students worked together in small groups to code and solve problems of their choice, huddled in an office with exposed plywood and pipes. Scooters and squirt guns were scattered around the room.
It's an interesting idea, and one I thought would happen on Long Island 20 years ago, but sadly never did.
The questions I have is will a tech start-up be cost effective enough in NYC? Given that more and more projects have distributed teams, what would anchor them to NYC? What happens when FB becomes an also ran? This seems like a good idea too late.
And even if these Flatiron startups come to fruition, will their best employees be buying homes in LI? Will they be starting families at all?
Unlikely. Fewer of them are getting married, having kids and buying homes. That's the general demographic trend. And the ones who are buying are buying in NYC, Manhattan and Brooklyn specifically. They won't be attracted to driving SUVs around Massapequa and buying groceries in a remote big box store.
Unlikely. Fewer of them are getting married, having kids and buying homes. That's the general demographic trend. And the ones who are buying are buying in NYC, Manhattan and Brooklyn specifically. They won't be attracted to driving SUVs around Massapequa and buying groceries in a remote big box store.
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