Google buys old Port Authority NYC (WiredVC)
Google has closed a $1.9 billion dollar deal with the partnership of Taconic Investment Partners, Jamestown Properties and the New York State Common Retirement Fund to purchase 111 Eighth Avenue.
“We believe that this is a great real estate investment in a thriving neighborhood and a fantastic city.
Like the city, our New York office is a melting pot of cultures and ideas—it’s home to Googlers from more than 35 countries who speak more than 40 languages. They live in the five boroughs and spread across the tri-state area. We’re excited to continue to build our presence here”.
After moving to a larger office in Times Square in 2006, Google relocated to their current home in Chelsea, at 111 Eighth Avenue – a former Port Authority building. In June of 2008, they took additional space in the Chelsea Market building at 75 Ninth Avenue. Now there are more than 2,000 Googlers working on a variety of projects in both sales and engineering—and Google say they are hiring across the board in NYC.
My Two cents: I enjoy hanging out with Google here in NYC. I always enjoy our conversations on technology and other topics, and I guess I cannot tease them anymore about their office size. NYC is perfect for software engineers. If you want to move to NYC, nows the time to get with Google along with other technology firms expanding here!!