This article is about the concept. For the television show, see NY-LON. For the family of polymers, see Nylon. For other uses, see Nylon (disambiguation).
The magazine Nylon explicitly covers this scene with articles about the two cities.
Economics, finance & global influence
New York and London are considered the economic epicenters of their respective countries, with Wall Street and Midtown Manhattan in New York, as well as the City of London and Canary Wharf in London, being among the preeminent central business districts in the world. Likewise, the NYSE and LSE are among the largest stock exchanges in the world (with NYSE being the largest).
Additionally, according to the GaWC, London and New York are considered the only two Alpha++-ranked global cities in the world.[4]
The dominance of these twin cities was acknowledged by Christine Lagarde who, as French finance minister, wanted Paris to become a similar international financial centre. Other cities which are becoming city-states in the same class include Dubai and Shanghai.[5] But since the financial crisis and following recession, there has been a decline in travel between the two cities.[6] In 2008, news magazine Time coined the term "Nylonkong" which encompasses the cities of New York City, London, and Hong Kong as the eperopoles of the Americas, Euro-Africa, and the Asia-Pacific, respectively.[7]
The global city network is made up of numerous pairings or city dyads. When the service flows between these dyads were ranked in 2015, NyLon was first. The top 10 were:[8]
Additionally, residents of both cities rely heavily on public transportation, with the New York Subway and the London Underground being the main form of transport for New Yorkers and Londoners respectively.