NYC creates more broadband for tech sector

Broadband in New York City is set to improve.

The Association for a Better New York recently revealed that it plans to improve broadband capabilities for New York City.

Further improvements of broadband infrastructure in the city could help out property management companies, as more tech start ups are making footholds in many parts of the city. The New York City Economic Development Corp. is involved with the project, which will increase the amount of fiber wiring needed for both commercial and industrial properties around the city.

"New York has so much potential to continue growing it's tech sector, but this is one of the clear barriers that needs to be addressed if the city is going to keep the momentum going," said Jonathan Bowles, executive director of the Center for an Urban Future, in a statement, according to GlobeSt.com.

The project will also have a digital map that shows where there are buildings with these wiring setups. This will help improve the permit process for broadband in buildings, as well as mobile application competition among consumers who need to use municipal services, the news source added.

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