April 20, 2011
Source: NYTimes
New York City’s technology sector has sometimes been called “Silicon Alley,” in deference to its Western big brother, which sprawls across the San Francisco Bay Area. Now, a decade after the dot-com crash stopped the rapid growth of the city’s booming Internet sector, a high-tech corridor has developed in the Flatiron district and neighboring Chelsea.
General Assembly, an institute devoted to technology entrepreneurs, was established in the middle of the Flatiron district.
“When people talk about Silicon Alley, it’s always been just a concept,” said Michael Kirven, the principal of Bluewolf Inc., a technical consulting company that has moved three times within the Flatiron district in the last decade. “Within five years, you’re going to have a true Silicon Alley. Every company that’s a tech start-up will be here.”
