not a true new yorker here, but i find this idea rather odd.
why NYC? goog took the plunge but it was a gigantic investment, and they can leverage proximity with partners for better efficiency, but not so for startups. without a stronger plan, this reads like stuffing a bunch of brains into a jar, without proper nutrition, and hoping them to churn out something good.
while you can reduce cost of living space, you cannot reduce tax and other living costs. and the financial district teems with money people; the vibe is completely different. back to goog; when you have a complex with 500 people working for largely the same goal, you can shape your own corporate culture and be relatively oblivious to the culture on the street, but again, not so for the startups. i bet the innovation center stays in googleplex west.
Why Not NYC?
There are plenty of great startups forming in NYC, it is a truly global city. Like other great cities it has extremely high costs of living. So why not create a place where startups gain the benefits of working in a collaborative environment and can keep the costs low.
Not everyone can built a GooglePlex! or move to Mountain View.
BTW - I live in the bay Area so I'm not biased on this one.
why NYC? goog took the plunge but it was a gigantic investment, and they can leverage proximity with partners for better efficiency, but not so for startups. without a stronger plan, this reads like stuffing a bunch of brains into a jar, without proper nutrition, and hoping them to churn out something good.
while you can reduce cost of living space, you cannot reduce tax and other living costs. and the financial district teems with money people; the vibe is completely different. back to goog; when you have a complex with 500 people working for largely the same goal, you can shape your own corporate culture and be relatively oblivious to the culture on the street, but again, not so for the startups. i bet the innovation center stays in googleplex west.