Artificial Intelligence has seen a huge pick-up in demand in the past several years – and the bright lights of New York are attracting data centers.
They are being leased out of Manhattan from 60 Hudson Street to 32 Avenue of the Americas as co-location centers, according to Tony Gulotta, principal in charge at NYC office for global tax firm, Ryan LLC. He has worked with data center providers in the city.
Gulotta said that finding a location that has enough power is a challenge in the industry, but facilities on 111th 8th Avenue in addition to 60 Hudson Street and 32 Avenue of the Americas – have that luxury, which is why the city is seeing increased demand.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
