Google buys $2.1 billion office worth of Office Space on New York City’s Westside

Google takes a big bet that people will return to the office by purchasing $2.1 billion worth of office space on New York city’s West Side. The investment made will give Google have a large presence in New York City. Even though many Google workers are working at home due to the COVID-19 pandemic, Google is betting that office workers will want to go back to work among other coworkers. The office space is scheduled to open in mid-2023.

The Wall Street Journal reported that the real estate deal is the most expensive sale of a single office building in the United states since COVID-19 hit the United states end is one of the most expensive ever purchased in U.S. history.

While more of its workforce is located in California, New York City is home to Google’s  second largest Workforce.

Google purchase the Saint John’s terminal which was formerly a freight transfer facility that Google was leasing. The move is part of the expansion of a 1.7 million square foot Hudson square campus and will include highly sustainable end an adaptable and connected building. Approximately 14,000 workers will be employed at the new location.

tech giant Amazon has also eyeing expansion in the New York Hudson yards, Bloomberg reported. Apple is also announcing plans to expand its footprint among major cities across the United states. Facebook has also expanded by purchasing the headquarters of REI the outdoor retailer in Bellevue WA.

Google had cancelled plans for employees to return to the office in 2022, and allows employees an option to permanently work at home if there job allows remote work.

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