Data center real estate market in North America
In supply of data center real estate, measured by commissioned power
In demand for data center real estate, measured by TTM absorption
In hyperscale owned facilities, measured by operational power
Real estate supply pipeline
Rank amongst North America markets
Colocation power commissioned within the market, measured in MW, includes preleasing
Colocation power commissioned and available within the market, measured in MW
Speculative colocation power under construction within the market, measured in MW
Speculative planned colocation power that hasn't yet broken ground, measured in MW
About New York
America's largest city is also a top market for data centers. While New York City's high cost of doing business often deters providers, some companies require a data center located in the city. Almost all data centers in the New York City (NYC) market are concentrated in Manhattan, with the majority of providers in retrofitted high-rises. Users find the NYC data center market attractive due to strategic location and robust connectivity. Most of the data centers in NYC are in older buildings that have been converted into data centers. The aged infrastructure is causing data center operators to focus on upgrading facilities to meet the security and redundancy needs of data center users in the city.
The city's infrastructure for connectivity, especially in Manhattan, is world class due to the business needs of the area's large companies. Many firms with larger data center requirements choose to move out of the city for total project cost, hazard risk or safety reasons. Industries with consistent data center requirements in the NYC market include financial, healthcare, insurance, media, technology, telecommunications, and transportation.
Largest colocation providers
Measured by total commissioned power