New York Ranks #1 — and Can't Break 55
New York leads every U.S. market in signal volume — 380 signals in the last 30 days, accelerating against its own 90-day pace.
It also sits at 55/100, MODERATE tier, with zero projected upward movement.
The classifier sees 358 operator expansion events and 12 certification milestones flowing through the market — none of which can add a single point.
New York's problem isn't activity. It's that activity without regulatory and legislative scaffolding has a ceiling.
Maximum Noise, Zero Regulatory Conversion
New York is the loudest AAM market in the country and it isn't close. The platform's 30-day signal velocity of 380 is accelerating versus its own 90-day baseline, driven overwhelmingly by operator-side events: 358 operator market expansion signals (330 at high confidence), 12 FAA certification milestones, 4 corridor filings, and 5 infrastructure development events. Eighteen distinct medium-confidence pending data points flag potential active pilot programs awaiting analyst verification — an unusually deep queue that reflects how aggressively operators are now framing rooftop demos and short-haul shuttle launches as pilot programs. By any activity measure, this market is surging.
But the classifier flags something the activity alone obscures: every one of these forward signals is tagged as a validation event carrying zero incremental points. New York already holds full credit on activeOperatorPresence and approvedVertiport. The factors that would actually move the score — state-level enabling legislation (LEG), a formalized regulatory framework (REG), zoning or land-use integration (ZON) — show zero primary documents, zero high-significance signals, and zero positive momentum indicators. The pipeline is deep on supply-side readiness and empty on governance.
This is the structural story the score captures. A market can attract every major OEM announcement and still stall at MODERATE if the jurisdiction hasn't built the legal and regulatory pathway for commercial-scale operations. New York's 55 is not a data-lag artifact; it reflects a genuine gap between operator intent and municipal/state enablement. Until Albany or City Hall produces legislative or regulatory movement that the classifier can score, the ceiling holds.
Signal Event — An Eighteen-Deep Pilot-Program Queue
The platform has flagged 18 distinct medium-confidence pending data points for hasActivePilotProgram = true, all currently awaiting analyst review. The queue is unusually deep — most markets carry one or two — reflecting how aggressively operators and press are framing NYC-area rooftop demos, short-haul shuttle pilots, and Vertiport-RFP responses as pilot programs.
Why it matters
Most of these will not clear the analyst threshold (the platform's bar requires a documented operator–municipal agreement or formal regulatory authorization, not a press announcement). But the queue depth means the conditional probability that at least one verifies is materially higher than in any other market the platform tracks. The first verification would be New York's first new scoreable factor this cycle, would trigger the market's first upward score revision, and would tend to drag the regulatory engagement that feeds the LEG and REG factors currently at zero. This is the nearest-term catalyst on the board.
The Florida Corridor: Reading Three Markets as One Deployment Decision
Where New York shows the ceiling — maximum signal volume, zero regulatory conversion — Florida shows the inverse: synchronized POSITIVE_WATCH/IMPROVING status across Miami, Orlando, and Tampa, with operational and legislative scaffolding actually in place. The structural counter to today's NYC story.
Read the Florida Corridor thesis →What to Watch
Four signals will determine whether New York converts its activity into score movement over the next 30 days.
1. Pilot-program verification outcome
Eighteen distinct hasActivePilotProgram flags sit in the analyst queue. Most will not clear the threshold, but a positive verification on any one would be the first incremental score event for New York this cycle and could shift the watch status from STABLE to POSITIVE.
2. Albany legislative session activity through June
The New York State Legislature is in session through late June. Any AAM-adjacent bill — drone integration, vertiport permitting authority, urban airspace coordination — would be the first LEG signal the classifier has registered. Track the Transportation and Aviation committees in both chambers.
3. FAA corridor determination on 4 pending filings
Four FAA aeronautical study filings are in process (all medium confidence), with typical determination windows of 60-90 days. While these won't add points directly, a favorable corridor determination could accelerate the regulatory engagement New York needs to break its score ceiling.
4. NYC Council or mayoral office land-use action
The ZON factor reads zero. Any city-level zoning amendment, special permit framework, or land-use study related to vertiport siting would be a first-mover signal in the governance category that currently constrains the score most.
Final Take
New York is the most operator-saturated AAM market in the U.S. and the most under-governed relative to that saturation — high-ceiling but currently uninvestable on regulatory certainty alone.
The next score-moving event will come from Albany, City Hall, or a verified pilot program — not from another operator announcement.
