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Tech boom creates jobs in Big Apple

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    Anna Kooiman reports from New York

  • Duration 1:45
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And -- his point of the -- Right Charles mobile application company consumer is one of 8000 new tech companies starting up the New York in the past five years.

And my kid is the majority are hiring up to four employees and we're looking to hire a couple of new developers ball.

Tech companies like these are growing and -- working spaces in Manhattan where hundreds of companies can be housed on a single floor.

For as little as 400 dollars a month onto -- get a workspace -- five in that New York address.

There are start -- across the boroughs but some of the biggest expansion is expected -- companies in Brooklyn.

The next three to five years they expect to double in size the president of the Polytechnic institute at new York university in Brooklyn.

Helped create shared offices called incubators with funding from the city.

The idea helped tech companies -- ideas and grow big enough to build their own destiny York.

We help them succeed and that -- they fly the -- It's not just started seizing opportunity in New York the company quickie moved its headquarters from San Francisco's Selma to -- To be closer to a more diverse talent pool.

-- New York yeah.

Media people artists scientists obviously and -- so you get the leverage all different industries to create -- technology.

The challenge for New York going forward.

Keeping up with the industry's demand for more programmers and developers.

-- lot of companies are having real -- finding the top talent they need.

Education is expected to fill that void NYU Columbia and Cornell all building -- tech campus -- -- work.

Which is expected to more than double the current full time engineering graduate students -- the city.

You -- in appointment Fox News.