Tech:NYC Digest: October 14

October 14, 2022 • Estimated Reading Time: 4 minutes

Friday, October 14, 2022

We’re back with another “Friday Five” roundup of our favorite stories in New York tech. Have a great weekend!

Next Thursday, our monthly speaker series highlighting NYC’s most exciting tech leaders returns fully in-person, with Index Ventures partners Martin Mignot and Shardul Shah. RSVP to join us here.

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How New York’s Tech Boom Helped Offset Pandemic Job Losses (Bloomberg)

A new report from the New York State Comptroller adds to other research Tech:NYC has conducted measuring the importance of the tech sector to New York’s broader economy. Across the last five years, while citywide private sector employment declined 3.3%, tech sector employment jumped more than 33%. Get the report here.

Uniswap Labs valued at $1.66 billion in $165 million new funding (TechCrunch)

NYC’s newest unicorn is also the city’s largest venture deal this week. Speaking of large: Uniswap is the biggest DeFi exchange by transaction volume, and only fortifies New York’s position as the clear global center for crypto.

Manhattan office leasing rebounds to pre-pandmic levels (Crain’s New York Business)

Fresh data is trickling in about how much tech workers are going into the office post-pandemic, but whatever the occupancy rate, companies don’t seem to be giving up on them. Over the summer, 9.2 million square feet was leased in Manhattan, the most since the end of 2019, from companies like partnership management platform Impact.com, which is expanding its footprint at the Empire State Building and filling another 18,000 square feet on Madison Avenue.

Can NYC become more equitable? Here’s 150 ideas on how to get there. (Gothamist)

A report from the Center for an Urban Future asks industry leaders to contribute a single policy idea that advances economic opportunity for all New Yorkers. They’re all great ideas, and we’re excited to echo many of the proposals we see included: Diane Leavitt on expanding CS4All; Kristen Titus on developing career pathway programs for New Yorkers of color; Dan Teran on creating tech apprenticeships; and many more.

How Cottage Fries Became New York’s Most Elusive Potatoes — And Where to Find Them (Grub Street)

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