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Of course Facebook is a tremendously high profile and important tech company, and anything that they do is going to make news. So, of course people (especially in NYC) are very excited to hear that Facebook is planning to open up its first engineering office outside of the West Coast.

All the buzz and excitement aside, here is why this is a monumental statement for the NYC tech community:

"We are looking for the smartest folks. And after detailed analysis, the best place by a large margin was New York." — Mike Schroepfer :: Head of Engineering

To read the rest of the article, please visit the blog at NY Tech Day