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Behind the Exodus of Corporate Giants from New York City

Serial Information: Civil Engineering—ASCE, 1978, Vol. 48, Issue 11, Pg. 97-98


Document Type: Feature article

Abstract:

A major bulwark of NYC's private sector has been the corporate office complex, composed of the headquarters of many of the U.S's largest corporations and the many firms that serve them (e.g. ad and PR agencies, accounting and law firms, etc.). In recent years, many corporate headquarters have fled the city, causing deep concern. Among the reasons they leave: changing technology; soaring taxes; poor schools, crime and other quality of life factors.

Subject Headings: Taxation | Private sector | Financial management | Education | Corporations | New York City | New York | United States

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