I hope NYC doesn't become the next silicon valley. I hope another city does. Or why not a country?
The thing is we should decentralize the different powers. Yeah, leave NY to your lawyer but why not creating a new hub at a tropical place like... lets say... Brazil.
A place with very low life cost and super high internet access + super nice weather where hackers could be doing their 'thing' all year long and then maybe take a plane to meet investors from NY, Europe or China..... or just skype them.