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Google Announces More Than $1 Billion Expansion in New York City

Accepted submission by takyon at 2018-12-18 10:54:22
Techonomics

Google to Invest More Than $1 Billion to Expand NYC Campus [bloomberg.com]

Google will invest more than $1 billion to expand its New York City presence, the search giant said in a blog post Monday [www.blog.google].

The Alphabet Inc. division said it had reached lease agreements at 315 and 345 Hudson St. and signed a letter of intent at 550 Washington St. to make up the new 1.7 million-square-foot (158,000-square-meter) campus, to be called Google Hudson Square.

Google aims to move into the new Hudson buildings by 2020 and the Washington Street location by 2022, Alphabet Chief Financial Officer Ruth Porat said in the blog post. The move could allow the company to more than double the current 7,000 people it employs in the city over the next decade.

Also at Ars Technica [arstechnica.com] and CNBC [cnbc.com].

Related: Amazon Reportedly Picks New York, Northern Virginia for HQ2 [soylentnews.org]
Apple Announces Plan to Build $1 Billion Campus in Texas [soylentnews.org]


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