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DOING BUSINESS IN
NEW YORK CITY

If you can make it there, you can make it anywhere
by Joseph Pedro


The primary raison d’etre for New York City is business. This overcrowded, overpriced metropolis boasts the world’s first and second largest stock exchanges, the second largest city economy in the world, and one of the biggest business districts on Earth. It is a major center for finance, insurance, real estate, media, foreign affairs, and the arts.

From the mid-19th to the first half of the 20th century, twenty million immigrants flocked to New York to try their luck in America. For these people, New York City was a beacon of hope where the American Dream could become a reality. Through their labor, these newcomers aided the existing workforce and helped American businesses flourish. Many became entrepreneurs whose companies would one day become major corporations like Pfizer and Intel. Today, while the city may not openly welcome the world’s tired, poor, and huddled masses, it still remains an economic promised land to the 19 million people that call the New York Metropolitan Area home.

Besides nearly one million small businesses, New York also harbors more Fortune 500 companies than any other city in the United States. Forty-three have their headquarters here. These US businesses share the city’s 353.7 million square feet of office space with both their domestic and international counterparts. Currently, one in ten private sector jobs in NYC are with a foreign company.

Internationally accessible and rife with resources, New York is a perfect locale for expos and meetings. NYC & CO, New York City’s tourism board, makes planning easy with a team that works closely with NYC convention spaces and hotels. The Jacob Javits Center is a popular option for many businesses planning conventions in the city. As one of the largest event venues in the US, the complex features 11 halls, with 814,400 total square feet of exhibit space, and isn’t quite done growing. After years of conflict, a $465 million renovation is finally underway. It will improve the facility and add a new 110,000-square-foot structure on the south side. In addition, an expansion of the 7 Flushing Subway Line will make the center even more accessible once it’s completed in 2013.

New York is also home to a bounty of other event spaces including Chelsea’s Metropolitan Pavilion. This large venue hosts many gay and lesbian affairs, which include the New York City GLBT Travel Expo, GLAAD’s OUTAuction, and the Lambda Legal Liberty Awards. Additionally, a smattering of major convention hotels is found throughout the city, like Hilton New York, Grand Hyatt New York, New York Mariott Marquis, Sheraton New York Hotel & Towers, and the Waldorf Astoria. While these are wonderful lodgings, many business travelers may choose not to sleep where they work—so Passport did some investigating to find out what options are available when it comes to accommodations in the Big Apple.

It may be dubbed the city that never sleeps, but the 73,333 hotel rooms in New York City tell a different story. In addition to these rooms, a New York Times article found that the Big Apple will be home to 43 new hotels this year alone, an astounding number when considering the state of the US economy.

One of New York’s newest hotels is the Kimpton-operated property, Eventi. This 292-room hotel, designed by Colum McCartan, opened this spring in North Chelsea. It’s a sleek and stylish place that balances the excitement of the neighborhood with luxurious comforts. Each room features an oversized bed with Frette linens, bath amenities from Etro, and 24-hour room service. Business travelers will appreciate the large workstations in every room and the complimentary Wi-Fi throughout the hotel. Tired of staying in the room? Bring your laptop to the various working nooks on each floor or even out onto the 1,600-square-foot terrace with beanbag chairs and fire pits. For a much-needed break, head to the fitness center and spa, or plop onto a plush couch and catch a movie in the screening room. For larger engagements, the hotel has over 15,000 square feet of meeting spaces, complete with large windows and all the modern technology you’ll require.

If you’re in town to do business in the Financial District, you’ll be excited by the new Hyatt-owned property, Andaz Wall Street. The 253-guestroom hotel, designed by the Rockwell Group, is pure sophistication. Featuring loft-height ceilings and gorgeous marble bathrooms with rainfall showers, each room stays true to the Andaz brand by perfectly blending style and functionality. Want to take a warm bath while watching television? No problem. Don’t want to walk into the bedroom to get to the bureau? No problem. Both the television and wardrobe rotate. Walk down the sculptural staircase for a quick spa visit, receive a treatment, and have your outfit pressed and waiting for you. Grab a perfectly made martini with colleagues at the 7even 5ive bar, which is a much-needed addition to the district’s nightlife scene.

If you want to be closer to the excitement of the West Village and Chelsea, try the Meatpacking District. The Standard hotel features floor-to-ceiling windows in each room, which offer stunning Hudson River vistas and allow plenty of natural sunlight. Take a bath in the deep tub while looking out at the Manhattan skyline, or work on your fitness while overlooking the river. The gym space gives the impression that you are running on a treadmill on a cruise ship rather than in Manhattan. Impress a business client by enjoying cocktails in the Boom Boom Room, The Standard’s penthouse bar that offers 360-degree views. Get there before nine, or you may be competing with Madonna for a seat.

For a more traditional, and smaller, business hideaway, book a room at the Library Hotel. This home-away-from-home hotel, near the New York Public Library, threads the cozy book theme throughout. Getting work done is easy in the comfortable common areas—you may even get bursts of academic inspiration from the motif. Each of ten floors is dedicated to a different category of the Dewey Decimal System. Your room will come fitted with the appropriate set of books. The rooms are decorated with soothing browns that instantly evoke a sense of warmth and comfort. Every night, after a long day of meetings, the hotel hosts a wine and cheese reception and offers cocktails reminiscent of The Great Gatsby in the bar, Bookmarks.

With over 18,696 restaurants in the five boroughs, it isn’t hard to take a bite out of the Big Apple. When dining in your hotel is top-notch, why settle for something else? Try Wall & Water at Andaz Wall Street. With an open kitchen and views of downtown New York, this unpretentious spot wants you to feel comfortable and enjoy the market-to-table fare. Famous Argentinean chef Maximo Lopez May serves up seasonal, local foods. Try the seared scallops with slow-cooked peppers, roasted garlic, and lemon preserve.

Equally exciting is the Standard Grill, which stays true to the Meatpacking District’s roots by dishing up masterfully crafted protein dishes. Be sure to book a table early, this hot spot can get crowded. Start with the charred Spanish octopus with sweet potatoes and chiles. For a main course, try the flash-seared lamb chops with polenta and basil. If the food doesn’t have your mouth watering, the good-looking wait staff surely will.

Continued

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Great article, a great resource for Gay Business owners and minority businesses in the borough ofthe Bronx and in and out of NYC is the NYC LGBT Chamber of Commerce. The NYC Small Business Solutions is another great resource.
- Olivia , New York, NY USA


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