Leveraging their proximity to New York City (less than a two hour drive), the nine counties in northeastern PA have banded together as Wall Street West to market their rural location as a second home for Wall Street. Being on a separate electric grid, reasonable proximity to NY and NJ and lower operating costs are all keys to developing this regional designation into a key economic cluster.
The Pocono region was known for years as the “honeymoon capital of the world.” My parents drove from IL out there in 1951 for their honeymoon and proudly showed us their home movies of being stranded by a huge snowstorm, something they didn’t seem to mind at all. It is a beautiful, rolling country with a great deal of history. Hopefully, this new regional initiative will breath economic life and good paying jobs into the rural communities in these nine counties.