New York City is one of the most popular cities in the United States for colocation and other data center services, with more than 40 wholesale and retail colocation providers in the metropolitan area. Forrester estimates that there are more than 2 million square feet of leasable data center space in the greater New York City metropolitan area, yet much of it within the city limits is already at full capacity. The result is that many firms are exploring options in the New Jersey area, where costs are lower, resources are more abundant, and New York City is only a few miles away.