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 w

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.