Not just New York. I just say "New York" as a shorthand. It's actually the corridor of power that stretches from Washington DC, through New York, and up to Boston. But "New York" is just a simplified way of saying it. I've explained what I mean several times, but you keep pretending to not understand what I mean when I say "New York."
"Deep State", "Establishment", and "Crony Capitalists" also work.
This source says the Northeastern Megalopolis produces 20% of US GDP, from 17% of the US population on 2% of its land.
My own calculations say closer to 15% of GDP, (all depends of definitions), but regardless, using 17% of population to produce even 20% of GDP does not suggest grossly "out of whack" numbers.
Further, there's no particular reason to lump everybody living between Washington, DC, and Boston as just one big megalopolis, and as soon as you start to consider those metropolitan areas individually, then they are no more intimidating than many other similar all over the United States.