NewYork City comprises 5 boroughs sitting where the Hudson River meets the Atlantic Ocean. At its core is Manhattan, a densely populated borough that’s among the world’s major commercial, financial and cultural centers. Its iconic sites include skyscrapers such as the Empire State Building and sprawling Central Park.
NewYork City is a global hub
of business and commerce and an established safe haven for global
investors and is sometimes described as the capital of the world. The
term global city was popularized by sociologist Saskia Sassen in her
1991 work, The Global City: New York, London, Tokyo.
New York is a center for worldwide banking and finance, health care and
life sciences, medical technology and research, retailing, world trade,
transportation, tourism, real estate, new media, traditional media,
advertising, legal services, accountancy, insurance, both musical and
prose theater, fashion, and the arts in the United States; while Silicon
Alley, metonymous for New York's broad-spectrum high technology sphere,
continues to expand.
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