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Companies kinda need to be in NYC if they want access to the talent pool there. So if NYC gains a reputation of being hostile to big tax breaks for companies, t
by ijpoijpoihpiuoh 8y ago
Companies kinda need to be in NYC if they want access to the talent pool there. So if NYC gains a reputation of being hostile to big tax breaks for companies, that's not going to really change corporate behavior, except in the desired direction.
And as for what individual people who don't live in NYC think about the city, it really doesn't matter. It is and will for the foreseeable future remain the preeminent metropolis in the United States. What someone who lives in St. Louis or Atlanta thinks about it is of no importance.
- refurb 8y agoSo if NYC gains a reputation of being hostile to big tax breaks for companies, that's not going to really change corporate behavior, except in the desired direction. Really? Because I'd say this example exactly proves it changes corporate behavior. Don't forget the US is full of cities that are now shells of their former selfs. I'm sure they never felt they need to be "open for business" either. NYC isn't going away, but it wasn't that long ago it was viewed as a bit of a "crap hole".
- basch 8y agoNY has access to Boston, NYC, Phili, Baltamore, Washington DC, and Richmond talent. At what point does something like Huston, which has access to Austin, Dallas, San Antonio, Baton Rouge, and New Orleans talent become "good enough." Same argument can be made for Chicago or Indianapolis with Cincinnati, Cleveland, Detroit, , Kansas City, Louisville, Milwaukee, Minneapolis, Pittsburgh, St. Louis, and Toronto. Is the Northeast talent really worth that much more than the Texas Triangle+Gulf Coast or the Great Lakes? Choosing NYC has to be more than JUST talent pool. It's about being close to other businesses, close to wall street, close to trade and immigration. It's about joining a community that dictates a lot onto the rest of the country.