There's a great read about the whole area here: https://www.amazon.com/Internet-Alley-Technology-1945-2005-I...
As for AWS, I often see it repeated that the DCs are the oldest and therefor in disrepair. That's not true; many of the first ones have since been replaced. But there are services that are located here and only here.
But I'll also add, a lot of customers default to using US-East-1 without considering others, and too many deploy in only one AZ. Part of this is AWS's fault as their new services often launch in US-East-1 and West-2 first, so customers go to East-1 to get the new features first.
Speaking as one who was with AWS for 10 years as a TAM and Well-Architected contributor, I saw a lot of customers who didn't design with too much resiliency in mind, and so they get adversely affected when east-1 has an issue (either regional or AZ). The other regions have their fair bit of issues as well. It's not so much that east-1 necessarily fails more than the others, it's that it has so many AZs and so many workloads that people notice it more.