🗽 New York, a Global City

In a nutshell: New York is the largest city in the US, with around 8.8 million inhabitants — twice as many as the second-largest city, Los Angeles. It consists of five boroughs: Brooklyn, Queens, Manhattan, The Bronx, and Staten Island.

Criteria

According to Saskia Sassen in 2001, the criteria for a global city are:

Hub

• Financial hub, stock exchanges
• Banks
• Big companies
• Transport: airports/harbors/highways/train stations
• Economy: Trades

Innovation

• Universities/schools
• Research in science

Cultural Influence

• News agencies/Newspapers

Tourism

Multiculturalism

• International city

Politics

Is New York a global city?

Hub

• Economy: 1st in the world in concentration of headquarters
• Big stock exchanges (Wall Strt)

Inovation

• Research and development poles. Prestigous schools

Cultural Interactions

Politics

Goals

Global cities have to fight against spatial & social disparities and work on better ecological impact.

⚖️ Spatial & Social Disparities

• Spatial inequality refers to the unequal distribution of income and resources across different geographical areas.
• Social inequality is the condition in which people have unequal access to valued resources, services, and positions in society.

The Bronx

📊 Median income: $43,000
👔 Only 19% of the population has a college degree
💸 26.4% of the population is under the poverty line
🏙️ → 83% of New York -> 7.3M

Manhattan

⚪ White majority (57.5%)
📊 Median income: $98,000
👔 1% earn over $700,000
💸 18.6% of the population is under the poverty line
🏙️ → 1.6M of New York's inhabitants