I live in Brooklyn and feel the same way. Even if you discount all the empty luxury apartments held by foreigners who never show up, there are still tons of people who want to move here.
Why?, because when you have all these people crammed together - weird stuff happens and that's what makes NYC magical. We're constantly mixing together, in the subways, bars, restaurant, parks ,etc. You get to see firsthand all the humanity of this city. No other city in America has replicated that.