Google is following Amazon’s major investment in New York City and Apple’s pledge to build a new campus outside of Silicon Valley with its own blueprint for a new $1 billion campus in Lower Manhattan.
The move was announced in a blog post by Ruth Porat, Svp and CFO of Google and its parent company, Alphabet. She described it as “the next step in our commitment to our New York City presence.”
The new campus will span 1.7 million square feet of office space, with lease agreements at 315 and 345 Hudson St. (in a popular media and ad-industry neighborhood) and a signed letter of intent at 550 Washington St. The company plans to occupy the Hudson Street offices by 2020, and Washington Street by 2022. Google also paid $2.4 billion earlier this year for Chelsea Market, a converted factory space that has been home to a thriving retail and restaurant cluster as well as media...
The move was announced in a blog post by Ruth Porat, Svp and CFO of Google and its parent company, Alphabet. She described it as “the next step in our commitment to our New York City presence.”
The new campus will span 1.7 million square feet of office space, with lease agreements at 315 and 345 Hudson St. (in a popular media and ad-industry neighborhood) and a signed letter of intent at 550 Washington St. The company plans to occupy the Hudson Street offices by 2020, and Washington Street by 2022. Google also paid $2.4 billion earlier this year for Chelsea Market, a converted factory space that has been home to a thriving retail and restaurant cluster as well as media...
- 12/17/2018
- by Dade Hayes
- Deadline Film + TV
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