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City cements its role as a tech hub despite HQ2 snub

New York is becoming more of a global technology hub, as industry giants tap into the workforce of a region long known as a banking and media stronghold. News late last week that Inc. signed a lease for 335,000 square feet in the Hudson Yards area comes as Facebook Inc. is gobbling up more space nearby. Google, meanwhile, is expanding beyond its base in Chelsea.

About 10 months after Amazon abandoned plans for a second headquarters in New York, the technology industry is creeping up on financial services as the top employer in the Big Apple. Facebook and Google, which aims to double its presence in New York over the next decade, are now among the top office tenants in Manhattan, joining the likes of JPMorgan Chase & Co. and Citigroup Inc.

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