A New York minute is an instant. Or as Johnny Carson once said, it's the interval between a Manhattan traffic light turning green and the guy behind you honking his horn.

It appears to have originated in Texas around 1967. It is a reference to the frenzied and hectic pace of New Yorkers' lives. A New Yorker does in an instant what a Texan would take a minute to do.
I'll have that ready for you in a New York Minute
by RJB December 15, 2003
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An imaginary measurement of time that indicates an extreme quickness. Lending itself to the fast-paced lifestyle associated with New York City.
When I was in the Bronx I got mugged, shot, raped, and murdered in a New York Minute. In Detroit it would take at least 2.
by James December 9, 2003
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<i>In a new york minute
Everything can change
In a new york minute
Things can get pretty strange
In a new york minute
Everything can change
In a new york minute</i>

"New York Minute" by The Eagles
by Hiroshi Nakano June 20, 2005
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v. Quick, fast and in a hurry.
I'll be there to get you in a New York Minute.
by POE December 16, 2003
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A very fast minute. You use this saying when you'll be back, or have something done, really quick.
"I'll have the cookies here in a New York minute!"
by Plaid December 15, 2003
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Traditionally it has meant in the blink of an eye.

But after 9/11, due to the large air play of the song New York Minute (by Don Henley, and covered by the Eagles) it has taken on the further connotation of "A Blink Of an Eye that Changes Everything." Cataclysmic.
A sudden accident that takes a life. Any senseless violence, or of course the 9/11 attacks themselves. But it can be a good event too. When New York legalized Gay Marriage, the media reported the event as a New York Minute - the signing of that bill would change the state forever.
by VinnyFromNewYork July 30, 2011
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Faster than you can be raped, stabbed, robbed, and left for dead in a pile of your own feces in da big city.
Whoa, bitch! That blow job is supposed to take longer than a New York Minute!
by Ralph the Wunderllama December 10, 2003
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