City profile

New York City has long been the United States' and the world's leading financial and cultural centre. New York City has a population of 8.8 million across the five boroughs. The city is home to a diverse population that speak over 200 languages and is a melting pot of many cultures.

In line with historic trends, New York performs highly for both Investor Attractiveness and Assets and Infrastructure, owing to an established position as the world's leading financial centre and stock exchange.

The city is also home to top class universities like Columbia University and New York University, well-known museums like the Metropolitan Museum of Art, and a thriving entertainment economy - on screen and stage.

While New York boasts an impressive set of infrastructural, intellectual and cultural assets, the city is starting to struggle in critical components for Liveability and Loveability. Since Covid-19, housing affordability, among other aspects of cost of living, has become an insurmountable challenge. Additionally, as the dynamics of work have changed post-pandemic, young talent has become more critical of work-life-balance in the city. Targeting city planning and strategy to address these quality of life challenges will help New York City become a leading talent hub once more.

Insight

With its miles of coastline, New York City is highly vulnerable to flooding events. And within its dense, urban environment, connections to nature and spaces for habitats are ever-important. An abandoned industrial area in Long Island City along the coast of the East River presented a unique opportunity to develop a vibrant, sustainable space for visitors and residents alike. Arup led the revitalization of this previously inaccessible site into an 11-acre continuous waterfront park. In addition to providing impressive public facilities to foster community building and opportunities for solitude and quiet moments, Arup’s infrastructure designs transformed the shoreline into a resilient system of green and grey stormwater infrastructure. These nature-based solutions are designed to absorb floodwater to protect the neighborhood, while also providing habitat for wildlife.
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