How New York Became A Tech Town

Author: | Category: Books | Environment & Nature | Health & Medicine | Science & Technology | Travel | Date: 03-02-2019

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By Steve Lohr

February 22, 2019

Euan Robertson started his job with New York City’s economic development team at an ominous moment. It was Monday, Sept. 15, 2008, the day Lehman Brothers filed for bankruptcy and ignited the financial crisis.

Mr. Robertson made his way through City Hall’s sprawling open office to a conference table, where he huddled with top advisers to Mayor Michael R. Bloomberg. “No one knew what was going to happen or how bad it would be,” Mr. Robertson recalled. “But everyone agreed we’d better come up with a plan.”

The plan that emerged called for developing tech start-ups and tech workers in New York. The goal, Mr. Robertson said, was to “build a talent engine” that would help make the city a magnet for coders and companies.

A decade later, there is ample evidence that the city is well on its way to achieving that goal.

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