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Re:Poll: Should we push the YC deadline back by a day becaus... by shafferj on Tuesday October 30, 2012 @02:19AM (#4716330)
you're historically right about this, but wrong on a bunch of other levels. there is a few million square feet of real server colo in 111 8th ave, and at least an order of magnitude more than that combined across the other spaces mentioned.
Re:Poll: Should we push the YC deadline back by a day becaus... by Tzunamitom on Tuesday October 30, 2012 @06:49AM (#4716870)
The reason they locate there (as with in London) if to reduce the latency for financial trading programs. It may not sound like a lot, but when you have an automatic trading application processing billions of trades a year it can make a huge difference to receive the information a little earlier, and place your orders that little bit quicker.

As a side note, Internap's LGA11 datecentre facility on 75 Broad Street is currently being evacuated, and most of the fuel reserves are submerged below water...