Google’s spending $2.1 billion for much more New York Metropolis actual property

Google is as soon as once more snapping up extra actual property in New York Metropolis. Tuesday the corporate introduced it was shopping for one of many buildings it at the moment leases: Google is shopping for Manhattan’s St. John’s Terminal at 550 Washington Road for $2.1 billion.

New York Metropolis is Google’s second-biggest campus after its headquarters in Mountain View, and this constructing will probably be a part of the 1.7 million-square-foot “Hudson Sq. campus,” which has expanded a number of instances now. The Hudson Sq. campus consists of the Chelsea Market, which Google purchased for $2.four billion, and the first-ever Google retail retailer, which opened earlier this 12 months.

St. John’s Terminal was a freight practice facility again within the 1930s, and the constructing transitioned to a warehouse within the ’60s and workplace area within the ’80s. This newest revamp remains to be below building, and like many different Google buildings, Google plans to show it into a giant glass obelisk with a lot of vegetation and out of doors areas. Google plans to open the constructing by mid-2023.

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