The Next Wave: Predicting the future of coffee in New York City
<p>The geography of economic activity is a critical force that shapes cities around the world. From <a href="https://archpaper.com/2017/05/rethink-studio-petition/" rel="noopener ugc nofollow" target="_blank">infrastructure</a> to<a href="http://www.huffingtonpost.com/alan-singer/in-gentrified-brooklyn-wh_b_6679742.html" rel="noopener ugc nofollow" target="_blank"> housing</a>, urban transformation is often influenced by the location of specific businesses. Coffee shops in New York City are no exception.</p>
<p>Using data from dozens of different sources and techniques from a wide range of technologies and disciplines including game theory, machine learning, natural language processing, statistics, and urbanism, we formulated a model that predicts optimal coffee shop locations in New York City. Our findings reveal that <strong>the Bronx, Queens, and Brooklyn all show more economic promise than Manhattan, </strong>and resonate with recent<strong> </strong>population and job growth outside of Manhattan. In this article, we describe the iterative development of our predictive models and reveal specific forecasts of what the future of coffee in New York City might look like.</p>
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