Culture and contemporary life

The Metropolitan Museum of Art is one of the largest museums in the world.

“	Culture just seems to be in the air, like part of the weather	”
—Tom Wolfe

Numerous major American cultural movements began in the city, such as the Harlem Renaissance, which established the African-American literary canon in the United States.

The city was a center of jazz in the 1940s, abstract expressionism in the 1950s and the birthplace of hip hop in the 1970s. The city's punk and hardcore scenes were influential in the 1970s and 1980s, and the city has long had a flourishing scene for Jewish American literature.

Prominent indie rock bands coming out of New York in recent years include The Strokes, Interpol, The Bravery, Scissor Sisters, and They Might Be Giants.

The city prominently excels in its spheres of art, cuisine, dance, music, opera, theater, independent film, fashion, museums, and literature. The city is the birthplace of many cultural movements, including the Harlem Renaissance in literature and visual art; abstract expressionism (also known as the New York School) in painting; and hip hop, punk, salsa, disco, freestyle, and Tin Pan Alley in music. New York City is also widely celebrated in popular lore, featured frequently as the setting for books, movies (see New York in film), and television programs.

Entertainment and performing arts

Lincoln Center for the Performing Arts

The city is also prominent in the American film industry. Manhatta (1920), an early avant-garde film, was filmed in the city.

Today, New York City is the second largest center for the film industry in the United States. The city has more than 2,000 arts and cultural organizations and more than 500 art galleries of all sizes.

The city government funds the arts with a larger annual budget than the National Endowment for the Arts. Wealthy industrialists in the 19th century built a network of major cultural institutions, such as the famed Carnegie Hall and Metropolitan Museum of Art, that would become internationally established. The advent of electric lighting led to elaborate theater productions, and in the 1880s New York City theaters on Broadway and along 42nd Street began featuring a new stage form that became known as the Broadway musical.

Strongly influenced by the city's immigrants, productions such as those of Harrigan and Hart, George M. Cohan and others used song in narratives that often reflected themes of hope and ambition. Today these productions are a staple of the New York theater scene.

The city's 39 largest theaters (with more than 500 seats) are collectively known as "Broadway," after the major thoroughfare that crosses the Times Square theater district. This area is sometimes referred to as The Main Stem, The Great White Way or The Realto.

Lincoln Center for the Performing Arts is home to 12 influential arts organizations, including Jazz at Lincoln Center, Metropolitan Opera, New York City Opera, New York Philharmonic. New York City Ballet, the Vivian Beaumont Theatre, the Juilliard School and Alice Tully Hall. It is the largest performing arts center in the United States.

Central Park SummerStage presents performances of free plays and music in Central Park.

Tourism

Times Square has the highest annual attendance rate of any tourist attraction in the US.

Tourism is one of New York City's most vital industries, with more than 40 million combined domestic and international tourists visiting each year in the past five years.Major destinations include the Empire State Building; Statue of Liberty; Ellis Island; Broadway theater productions; museums such as the Metropolitan Museum of Art; greenspaces such as Central Park and Washington Square Park; Rockefeller Center; Times Square; luxury shopping along Fifth and Madison Avenues; and events such as the Halloween Parade in Greenwich Village, the Macy's Thanksgiving Day Parade, the St. Patrick's Day parade, seasonal activities such as ice skating in Central Park in the wintertime, the Tribeca Film Festival, and free performances in Central Park at Summerstage. Special experiences outside the key tourist areas of the city include, but are not limited to the Bronx Zoo; Coney Island; and the New York Botanical Garden.

In 2010, New York City had a record number of tourists with 48.7 million. Since the United States economy is still recovering, Mayor Michael Bloomberg's goal is to break the record again in 2012 by drawing more than 50 million tourists.

Media

Rockefeller Center, home to NBC Studios

New York is a center for the television, advertising, music, newspaper and book publishing industries and is also the largest media market in North America (followed by Los Angeles, Chicago, and Toronto).

Some of the city's media conglomerates include Time Warner, the Thomson Reuters Corporation, the News Corporation, the Hearst Corporation, and Viacom. Seven of the world's top eight global advertising agency networks have their headquarters in New York. Three of the "Big Four" record labels' headquarters, are in New York City;Universal Music Group, Sony Music Entertainment and Warner Music Group. One-third of all American independent films are produced in New York.

More than 200 newspapers and 350 consumer magazines have an office in the city and the book-publishing industry employs about 25,000 people.

Two of the three national daily newspapers in the United States are New York papers: The Wall Street Journal and The New York Times which has won the most Pulitzer Prizes for journalism.

Major tabloid newspapers in the city include: The New York Daily News and The New York Post, founded in 1801 by Alexander Hamilton.

The city also has a major ethnic press, with 270 newspapers and magazines published in more than 40 languages. El Diario La Prensa is New York's largest Spanish-language daily and the oldest in the nation. The New York Amsterdam News, published in Harlem, is a prominent African American newspaper. The Village Voice is the largest alternative newspaper

The television industry developed in New York and is a significant employer in the city's economy.

The four major American broadcast networks are all headquartered in New York: ABC, CBS, FOX and NBC. Many cable channels are based in the city as well, including MTV, Fox News, HBO and Comedy Central.

In 2005, there were more than 100 television shows taped in New York City.

New York is also a major center for non-commercial media. The oldest public-access television channel in the United States is the Manhattan Neighborhood Network, founded in 1971. WNET is the city's major public television station and a primary source of national PBS programming. WNYC, a public radio station owned by the city until 1997, has the largest public radio audience in the United States.

The City of New York operates a public broadcast service, NYCTV, that has produced several original Emmy Award-winning shows covering music and culture in city neighborhoods and city government.

Cuisine

New York-style pizza is a popular food throughout the city

New York's food culture includes a variety of world cuisines influenced by the city's immigrant history.

Eastern European and Italian immigrants have made the city famous for bagels, cheesecake, and New York-style pizza. Some 4,000 mobile food vendors licensed by the city, many immigrant-owned, have made Middle Eastern foods such as falafels and kebabs standbys of modern New York street food, although hot dogs and pretzels are still the main street fare.

The city is also home to many of the finest and most diverse haute cuisine restaurants in the United States.

Accent

The New York area has a distinctive regional speech pattern called the New York dialect, alternatively known as Brooklynese or New Yorkese. It is generally considered one of the most recognizable accents within American English. The classic version of this dialect is centered on middle and working class people of European American descent, and the influx of non-European immigrants in recent decades has led to changes in this distinctive dialect.

The traditional New York area accent is non-rhotic, so that the sound [ɹ] does not appear at the end of a syllable or immediately before a consonant; hence the pronunciation of the city name as "New Yawk."There is no [ɹ] in words like park [pɑək] or [pɒək] (with vowel backed and diphthongized due to the low-back chain shift), butter [bʌɾə], or here [hiə]. In another feature called the low back chain shift, the [ɔ] vowel sound of words like talk, law, cross, chocolate, and coffee and the often homophonous [ɔr] in core and more are tensed and usually raised more than in General American.

In the most old-fashioned and extreme versions of the New York dialect, the vowel sounds of words like "girl" and of words like "oil" become a diphthong [ɜɪ]. This is often misperceived by speakers of other accents as a reversal of the er and oy sounds, so that girl is pronounced "goil" and oil is pronounced "erl"; this leads to the caricature of New Yorkers saying things like "Joizey" (Jersey), "Toidy-Toid Street" (33rd St.) and "terlet" (toilet). The character Archie Bunker from the 1970s sitcom All in the Family was a good example of a speaker who had this feature. This speech pattern is no longer prevalent.

Sports

The new Yankee Stadium, home to theNew York Yankees since 2009

There have been thirty-five Major League Baseball World Series won by New York teams. It is one of only five metro areas (Chicago, Washington-Baltimore, Los Angeles and the San Francisco Bay Area being the others) to have two baseball teams. The city's two current Major League Baseball teams are the New York Yankees and the New York Mets, who compete in six games every regular season called the Subway Series. The Yankees have won a record 27 championships, while the Mets have won the World Series twice. The city also was once home to the New York Giants (now the San Francisco Giants) and the Brooklyn Dodgers (now the Los Angeles Dodgers). Both teams moved to California in 1958. There are also two minor league baseball teams in the city, the Staten Island Yankees and Brooklyn Cyclones.

Citi Field in Queens, home to the New York Mets since 2009

The city is represented in the National Football League by the New York Jets and New York Giants (officially the New York Football Giants), although both teams play their home games at New Meadowlands Stadium in nearby East Rutherford, New Jersey. The stadium will host Super Bowl XLVIII in 2014.

The New York Marathon is the largest marathon in the world.

The New York Rangers represent the city in the National Hockey League. Within the metropolitan area are two other NHL franchises, the New Jersey Devils, who play in nearby Newark, New Jersey and appeal mostly to the fans of Northern and Central New Jersey, and the New York Islanders, who play in Nassau County, Long Island and draw the majority of their fans from Nassau and Suffolk Counties. This is the only instance of a single metropolitan area having three teams within one of the four major North American professional sports leagues.

The city's National Basketball Association team is the New York Knicks and the city's Women's National Basketball Association team is the New York Liberty. Also within the metropolitan area are the New Jersey Nets, who currently share the Prudential Center in Newark with the Devils and are planning a move to Brooklyn, where they will occupy the Barclays Center as early as 2012. The first national college-level basketball championship, the National Invitation Tournament, was held in New York in 1938 and remains in the city. Rucker Park in Harlem is a celebrated court where many professional athletes play in the summer league.

The U.S. Tennis Open (held in Queens) is the fourth and final event of the Grand Slam tennis tournaments.

In soccer, New York is represented by the Major League Soccer side, Red Bull New York. The "Red Bulls" play their home games at Red Bull Arena in nearby Harrison, New Jersey.

Queens is host of the U.S. Tennis Open, one of the four Grand Slam tournaments. The New York Marathon is one of the world's largest, and the 2004–2006 events hold the top three places in the marathons with the largest number of finishers, including 37,866 finishers in 2006. The Millrose Games is an annual track and field meet whose featured event is the Wanamaker Mile. Boxing is also a prominent part of the city's sporting scene, with events like the Amateur Boxing Golden Gloves being held at Madison Square Garden each year.

Many sports are associated with New York's immigrant communities. Stickball, a street version of baseball, was popularized by youths in working class Italian, German, and Irish neighborhoods in the 1930s. A street in The Bronx has been renamed Stickball Blvd, as tribute to New York's most known street sport.

The city's rugby league team, the New York Knights, plays in the AMNRL. They won the 2009 AMNRL Championship Final against the Jacksonville Axemen 32-12.

Economy

The Top Fortune Companies in New York City for 2009 (ranked by revenues) with New York City and U.S. ranks
NYC		corporation		US
1		J.P. Morgan Chase & Co.		9
2		Citigroup		12
3		Verizon Communications		13
4		American International Group		16
5		Goldman Sachs Group		39
6		Pfizer		40
7		MetLife		51
8		New York Life Insurance		64
9		Morgan Stanley		70
10		News Corporation		76
11		Hess		79
12		Time Warner		82
13		American Express		88
14		TIAA-CREF		90
15		Philip Morris International		94
Notes
Finance & insurance (9 companies)
Revenues for year ending before Feb. 2010
More detail at Economy of New York City Source: Fortune

New York is a global hub of international business and commerce and is one of three "command centers" for the world economy(along with London and Tokyo). The city is a major center for finance, insurance, real estate, media and the arts in the United States.

The New York Stock Exchange on Wall Street, the world's largest stock exchange by total market capitalization of its listed companies.

The New York metropolitan area had approximately gross metropolitan product of $1.13 trillion in 2005, making it the largest regional economy in the United States and, according to IT Week, the second largest city economy in the world.According to Cinco Dias, New York controlled 40% of the world's finances by the end of 2008, making it the largest financial center in the world.

Many major corporations are headquartered in New York City, including 42 Fortune 500 companies. New York is also unique among American cities for its large number of foreign corporations. One out of ten private sector jobs in the city is with a foreign company.

Manhattan had 353.7 million square feet (32,860,000 m²) of office space in 2001.

Midtown Manhattan is the largest central business district in the United States.Lower Manhattan is the third largest central business district in the United States, and is home to The New York Stock Exchange, located on Wall Street, and the NASDAQ, representing the world's first and second largest stock exchanges, respectively, when measured by average daily trading volume and overall market capitalization. Financial services account for more than 35% of the city's employment income.

Real estate is a major force in the city's economy, as the total value of all New York City property was $802.4 billion in 2006. The Time Warner Center is the property with the highest-listed market value in the city, at $1.1 billion in 2006. New York City is home to some of the nation's—and the world's—most valuable real estate. 450Park Avenue was sold on July 2, 2007 for $510 million, about $1,589 per square foot ($17,104/m²), breaking the barely month-old record for an American office building of $1,476 per square foot ($15,887/m²) set in the June 2007 sale of 660 Madison Avenue.

The city's television and film industry is the second largest in the country after Hollywood. Creative industries such as new media, advertising, fashion, design and architecture account for a growing share of employment, with New York City possessing a strong competitive advantage in these industries.

High-tech industries like biotechnology, software development, game design, and internet services are also growing, bolstered by the city's position at the terminus of several transatlantic fiber optic trunk lines. Other important sectors include medical research and technology, non-profit institutions, and universities.

Manufacturing accounts for a large but declining share of employment. Garments, chemicals, metal products, processed foods, and furniture are some of the principal products. The food-processing industry is the most stable major manufacturing sector in the city. Food making is a $5 billion industry that employs more than 19,000 residents. Chocolate is New York City's leading specialty-food export, with $234 million worth of exports each year.

Demographics

New York is the most populous city in the United States. As of the 2010 United States Census, the city's population stood at a record high of 8,175,133, a 2.1% increase from the 8 million counted in 2000. Mayor Michael R. Bloomberg immediately challenged the Census Bureau’s 2010 data as representing an undercount upon release.This amounts to about 40% of the state of New York's population and a similar percentage of the metropolitan regional population. In 2006, demographers estimated that New York's population will reach between 9.2 and 9.5 million by 2030. The city's population in 2010 was 33% non-Hispanic white, 23% non-Hispanic black, and 13% Asian. Hispanics of any race represented 29% of the population, while Asians constituted the fastest growing segment of the city's population between 2000 and 2010; the non-Hispanic white population declined 3 percent, the smallest recorded decline in decades; and for the first time since the Civil War, the number of blacks declined over a decade.

Lenape women, (Oklahoma, 1910) descendants of the original inhabitants of New York region.

Two demographic points are the city's density and ethnic diversity. In 2010, the city had a population density of 27,532 people per square mile (10,630/km²), rendering it the most densely populated of all municipalities with over 100,000 population in the United States; however, several small cities in adjacent Hudson County, New Jersey are actually more dense overall, as per the 2000 Census. Geographically co-extensive with New York County, Manhattan's population density of 66,940 people per square mile (25,846/km²) makes it the highest of any county in the United States.

New York City's population is exceptionally diverse. Throughout its history the city has been a major point of entry for immigrants; more than 12 million European immigrants passed through Ellis Island between 1892 and 1924. The term "melting pot" was first coined to describe densely populated immigrant neighborhoods on the Lower East Side.

Approximately 36% of the city's population is foreign-born. Among American cities, this proportion is higher only in Los Angeles and Miami. While the immigrant communities in those cities are dominated by a few nationalities, in New York no single country or region of origin dominates. The ten largest countries of origin for modern day immigration are the Dominican Republic, China, Jamaica, Guyana, Mexico,Ecuador, Haiti, Trinidad and Tobago, Colombia and Russia. The largest ethnic groups in New York City are African American, Italian, Jewish, and Irish. The New York region continues to be the leading metropolitan gateway for legal immigrants admitted into the United States.

Manhattan Chinatown

The New York City metropolitan area is home to the largest Jewish community outside Israel. It is also home to nearly a quarter of the nation's Indian Americans and 15% of all Korean Americans, the largest African American community of any city in the country, and comprised as of 2008 a population of 659,596 ethnic Chinese, the largest outside of Asia. The metropolitan area is home to a self-identifying gay and bisexual community estimated at 568,903 individuals, the largest in the United States. There are also substantial Puerto Rican and Dominican populations. Another significant ethnic group is Italians, who emigrated to the city in large numbers in the early twentieth century, mainly from Sicily and other parts of southern Italy. The Irish also have a notable presence; one in 50 New Yorkers of European origin carries a distinctive genetic signature on his Y chromosome inherited from the clan of Niall of the Nine Hostages, an Irish king of the fifth century A.D. or from one of the related clans of Uí Briúin and Uí Fiachrach.

New York City has a high degree of income disparity. In 2005 the median household income in the wealthiest census tract was $188,697, while in the poorest it was $9,320. The disparity is driven by wage growth in high income brackets, while wages have stagnated for middle and lower income brackets. In 2006 the average weekly wage in Manhattan was $1,453, the highest and fastest growing among the largest counties in the United States. The borough is also experiencing a baby boom that is unique among American cities. Since 2000, the number of children under age 5 living in Manhattan grew by more than 32%.