Google buys gigantic former NYC Port Authority building, takes a chunk out of Chelsea
Growing companies need growing workspaces, and Google just bought one of the biggest possible in NYC. It's the former Port Authority Building at 111 Eighth Avenue, a massive brick establishment that, according to Wired Epicenter, set the company back an equally massive $1.9 billion. There's a helipad on top, perfect for quick getaways in the company's ROFLcopter, but more importantly a major fiber line runs through the building, giving the Googs priority access to bits flowing through the city. Google already has a presence within those crimson walls, which also houses offices of communications companies like Verizon and Level 3, companies who might just need to be finding new spaces when their current leases expire, because Google is "hiring across the board," apparently hoping to fill that thing to the brim.
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