Read the following paragraph and determine if the hypothesis is true:

The Demand Institute is a non-profit think tank that focuses on understanding how consumer demand is evolving around the world. The Demand Institute was founded in 2012 by Mark Leiter and Jonathan Spector, and is jointly operated by The Conference Board and Nielsen and is headquartered in New York City.

Hypothesis: The Demand Institute is headquartered in the northeastern United States.
Yes