Union Square is a strange place. The office space here is actually more expensive per square foot and high speed internet access isn’t readily available. Despite these drawbacks it’s the beating heart and de facto capital of the NYC tech resurgence.
Other than the big names such as Apple and Union Square Ventures HQ that make it attractive, every other startup that’s growing wants office space in the location as well. The allure is more than the fellowship, however. Aside form the constant presence of so many entrepreneurs working for different startups, the kind of office space for rent in and around Union Square is physically attractive—high ceilings and spacious abodes that mix well with any startup’s laid back, bootstrapping atmosphere.
But Union Square isn’t the only place in town that’s teeming with tech. SoHo, Chelsea, and Brooklyn are also thriving communities where a multitude of distinctive advantages draw in the entrepreneurs and their big ideas like moths to a flame. When it comes to Union Square though, another main attraction is the numerous restaurants and afterwork chill out places where entrepreneurs love to meet and eat.
Last, if Joseph de Avila’s WST piece is really eing truthful, Union Square doesn’t have the stifling atmosphere of the financial sector. At least according to the guy from JIBE.