NYC Is One Big Giant Magnet
No more 9-to-5, dead-after-dusk neighborhoods. People are moving where they work, according to Paul Levy, CEO of Philly's Center City District. Yesterday, at the International Downtown Association World Congress and 59th Annual Conference in NYC, he debuted a report he wrote for the IDA. From 2000 to 2010, the population of the 10 largest urban live/work areas grew twice as fast (17.2%) as the national rate (9.7%). And 12.9 million people, 4.2% of the population, live within one mile of the country's 231 major employment centers (downtowns and town centers, office and research parks, and districts anchored by education, healthcare, and research campuses).
NYC has more jobs than any other US city (with 3.8 million), led by Midtown, Downtown, and Brooklyn. LA follows with 1.7 million, Houston with 1.6 million, Chicago at 1.3 million, then Phoenix, Dallas, San Diego, Philly, San Antonio, and DC.