IT companies have had a significant impact on the economy of New York.
The presence of IT companies in New York has led to the creation of a vibrant ecosystem that supports entrepreneurship and fosters collaboration between different sectors. (They have) also helped to diversify the economy, reducing its dependence on traditional industries and creating new opportunities for growth.
In addition, IT companies have boosted the real estate market in New York, driving up demand for office space and contributing to the overall prosperity of the city. (They have) also played a key role in driving up wages in the region, as skilled workers in the tech sector are in high demand.
Overall, the impact of IT companies on the economy of New York has been overwhelmingly positive. (They have) helped to create a dynamic and thriving business environment, supporting job creation and economic growth.
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