Market Share of New York Data Center Industry
Although quite a few data center service providers are operating in the New York data center market, a lot of operators choose to capitalize on large-scale organizations available in the market in other regions with lesser costs. Even though the concentration of industries in the New York urban area generates sufficient demand to inhabit a large facility, the costs of power by itself can stop data centers from making an investment in the area.
This has encouraged the development of a new sub-market for data centers in Rockland County, which is in the state of New York. The submarket is focused on Orangeburg, the town that is around 25 miles northward of Manhattan. In 2021, DataBank announced an important development in Orangeburg. The company bought a 34-acre property in the area. It plans to construct a data center with a capacity of 200,000 SF, 30 MW.
Furthermore, in May 2022, ColoHouse announced the expansion of its footprint in Orangeburg with a 1547 critical systems realty facility. This facility added 15,000 SF of capacity to the company's portfolio.
New York Data Center Market Leaders
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Digital Realty Trust, Inc.
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DataBank
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CoreSite
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CyrusOne
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Equinix Inc.
*Disclaimer: Major Players sorted in no particular order
