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Tech takes over: New York is the sector's second city

crainsnewyork.com

41–50 of 209 posts

Re: Tech takes over: New York is the sector's second city

#41

Earlier quoted context omitted.

Glad to see NJ get some positive mention here. Been living in NJ all my life and it's always sad to see people bash it based on a few trips they've had on the Turnpike up around NYC. The state really has it all. Expensive, but an excellent mix of suburbia, rural lands to the west and south, and (somewhat) easy access to one of the greatest cities in the world.

Everything but the weather. Lots of NJ transplants in Atlanta and Florida. They make the trip back up to walk the boards and rub elbows with their old friends for a few weeks but spend most of the year where it's warm.

We're pretty comfy here 9/12 months a year. The Spring and Fall are fantastic, and Winter is getting milder each year.

Re: Tech takes over: New York is the sector's second city

#42

I really want to move to NYC. As a full stack developer in SF I only get interest from companies in the Bay Area. All my NYC applications get no response even if it's the same resume with locations removed. Am I missing something? Can someone who has mde a similar move cue me in? I have 4 years of full stack experience. Do people tailor their resume for NYC companies?

I was worried about this when I first moved to NYC. I got in touch with a placement company, had an intro chat, and told them I'd be in NYC for a certain week. They lined up 4 interviews for me.

I very much enjoyed forcing a timetable on possible employers, as I got choices all at the same time.

I don't always enjoy recruiters. In this case, mine was very valuable!

Re: Tech takes over: New York is the sector's second city

#43
post #28

> On Wall Street, new computer engineers get hired at $120,000, but senior managers can make $400,000 plus the bonuses Wall Street hands out every winter This always bums me out. Why do managers make so much more money than engineers?

Engineers aren't the money makers.

Re: Tech takes over: New York is the sector's second city

#44
post #39

The best part about tech in NYC is that it isn't a non-stop, in-your-face bubble the way that it is in SF/SJ. I work in tech but enjoy having friends in fashion, finance, real estate, advertising, etc. The conversations here are much more diverse. Interestingly, that same diversity helps improve the tech sector.

Agreed. Although I did miss meeting engineers from other disciplines (EE, Mechanical, Chem. E., etc). I'm not sure if they are simply scarce in Manhattan, or if I was in the wrong places.

I'm assuming that a greater portion of that type of work isn't do-able in an office farm. Businesses need to make a certain amount of money per square foot, so labs and whatnot aren't feasible.

Re: Tech takes over: New York is the sector's second city

#45
post #6

Earlier quoted context omitted.

High stress, high pollution, rat race of a lifestyle, you are regulated and taxed on more things you even thought possible, and one of the worst imaginable places to try and raise a family. It has it's pros and cons, but I think we both agree it is certainly better than Silicon Valley. It's great if you are a young professional figuring out the world, but eventually people want their space and be able to stretch out…

> High stress, high pollution, rat race of a lifestyle, you are regulated and taxed on more things you even thought possible New York has incredibly low pollution compared to other cities of comparable size, especially in the US. As for "regulated and taxed on more things than you even thought possible"... are you sure you're not thinking of California?

Is there some sort of pollution ranking of sorts? Something with hard data behind it.

Re: Tech takes over: New York is the sector's second city

#46
post #28

> On Wall Street, new computer engineers get hired at $120,000, but senior managers can make $400,000 plus the bonuses Wall Street hands out every winter This always bums me out. Why do managers make so much more money than engineers?

That's not the case everywhere. Some companies pay managers less than engineers. From the company's perspective, a manager deals with a larger chunk of the business, while an engineer solves just one small part. Not saying it's right, but that's my simple guess.

Re: Tech takes over: New York is the sector's second city

#47
post #32

I'm sure NYC is doing quite well, but a New York based website is saying NYC is doing great without any context or even a reporting of the full list? You could write the same article about Boston, Denver, Austin, etc.

In absolute numbers, New York would be at or near the top of the list just out of sheer size. New York has a lot of people doing IT work because it's a huge city and every business needs some IT to a greater or lesser degree.

Re: Tech takes over: New York is the sector's second city

#48
post #45

Earlier quoted context omitted.

> High stress, high pollution, rat race of a lifestyle, you are regulated and taxed on more things you even thought possible New York has incredibly low pollution compared to other cities of comparable size, especially in the US. As for "regulated and taxed on more things than you even thought possible"... are you sure you're not thinking of California?

Is there some sort of pollution ranking of sorts? Something with hard data behind it.

There's air quality maps at https://www.airnow.gov/, and similar websites.

Mind you, there's a lot of day-to-day variation.

Re: Tech takes over: New York is the sector's second city

#49

The best part about tech in NYC is that it isn't a non-stop, in-your-face bubble the way that it is in SF/SJ. I work in tech but enjoy having friends in fashion, finance, real estate, advertising, etc. The conversations here are much more diverse. Interestingly, that same diversity helps improve the tech sector.

I can't help but wonder if the recent tax changes will have any effect in consolidating East Coast tech jobs. Previously you could live in NJ and work in Manhattan and write off the respective taxes of each. Now it's my understanding you'd be better served (for example) living and working solely in New Jersey. See [1] for an actual discussion on the tax law changes State and local taxes. Taxpayers can deduct a maximu…

I don't see what the federal tax changes would have to do with commuting from NJ to NY?

The change in federal law has to do with deducting the total amount of state and local taxes paid, which is, going forward, capped at $10k. New Jersey credits any tax paid to New York, which is staying the same.

Re: Tech takes over: New York is the sector's second city

#50
post #6
post #3

Cheaper rent than Silicon Valley, tons of cultural diversity, and amazing food. Really nice place to live.

High stress, high pollution, rat race of a lifestyle, you are regulated and taxed on more things you even thought possible, and one of the worst imaginable places to try and raise a family. It has it's pros and cons, but I think we both agree it is certainly better than Silicon Valley. It's great if you are a young professional figuring out the world, but eventually people want their space and be able to stretch out…

Being able to have your children transport themselves where they need to go is a major win for raising a family.
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