Economic Meltdown: New York Citys

New York Citys: As Mayor Michael Bloomberg nears the end of his third term, which began in 2009, New York Citys future looks far brighter than anyone anticipated during the 2008 economic meltdown, according to The Star. New York easily surpasses London, Tokyo and Hong Kong as the worlds most powerful economic and financial centre, according to a study I undertook last year and This article originally appeared in the New York Daily News. The city added 75,000 jobs this past year, and the tri-state region 360,000 new jobs since the recession. It remains the worlds largest media and entertainment hub, and is now home to high-tech startups that attract more than $2 billion a year in venture capital. Real estate is on fire, as local demand remains high and the global super-rich add luxury Manhattan condos to their portfolios. (www.immigrantscanada.com). As reported in the news.