Google plans to buy a $2 billion building


Google announced its intention to buy an office building in Manhattan in New York City for $2.1 billion, stressing its desire to continue to be stationed in the major American city, despite the spread of remote work activities.

And Real Capital Analytics, in information reported by the Wall Street Journal, stated that this real estate deal will be the largest in the United States for an office building since the start of the “Covid-19 pandemic.”

Google leases these offices on the site of what used to be a train station (St. John’s Terminal) in Hudson Square in southwest Manhattan, near the Hudson River.

The giant group seeks to open, by mid-2023, a site with a total area of ​​approximately 160,000 square meters, to transform its headquarters in New York, in which work will focus, especially on sales deals and partnership contracts.

The site is expected to extend in its final form over 3 buildings, distributed between Hudson Street and Washington Street. The construction of one of these buildings has been completed.

Google, which is headquartered in Mountain View, California, owns several buildings in New York, while in March 2018, it bought the famous “Chelsea Market” building in the “Chelsea” neighborhood for $2.4 billion, and it hosts several headquarters, one of which is for “YouTube”.

In 2010, Google acquired a building opposite Chelsea Market for $1.77 billion.

For his part, New York Mayor Bill de Blasio said: “Google’s historic investment in New York is a huge milestone on the road to our economic recovery.”

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