New York

Sabey Acquires Huge Verizon Building in NYC

Sabey's  375 Pearl Street, pictured on the right in this photo. The Brooklyn Bridge is on the left.

Sabey Data Center Properties has entered the New York market, acquiring the majority interest in 375 Pearl Street for $120 million, the company said today. Sabey will partner with New York developer Young Woo on the deal to buy the 1 million square foot former Verizon central office building, which will be redeveloped as Intergate.Manhattan. Read More

NY State Shelves $100 Million Data Center

The state of New York has spent nearly five years debating where to build a $100 million data center that would allow it consolidate workloads from older sites into a modern facility.This week the project was scrapped entirely. Read More

QTS Expands Jersey City Data Center

QTS (Quality Technology Services) will upgrade the power, raised-floor space and connectivity at the company’s data center in Jersey City, N.J., the company said today. The upgrade will add more than 5 megawatts of power and 50,000 square feet of raised floor space. Read More

NYC Opens Consolidated Data Center

New York Mayor Michael Bloomberg tour a new data center where the city will consolidate IT operations for multiple agencies.

New York City has opened a new data center in Brooklyn where the city will centralize the IT infrastructure for more than 40 city agencies over the next five years. The city says the facility at the MetroTech Center will allow it to save more than $100 million over five years. Read More

Sentinel Gets Equity Investment from Kelso

Data center developer Sentinel Data Centers has received an equity investment from Kelso & Company, a New York investment firm, the company said today. Under the terms of the partnership, Kelso will team with Sentinel’s founders to invest up to $300 million of equity capital for expansion. Read More

Russo Plans Large NJ Data Center Development

An aerial view of the site of the Somerset Technology Park, a new data center project from Russo Development in central New Jersey, including an illustration of a planned data center.

Russo Development is planning a large data center development in Somerset County, New Jersey. The project, known as Somerset Technology Park, is located near I-287 among a cluster of data center properties about 35 miles from midtown Manhattan. Read More

Additional New York Articles