About new campus
Google’s investment in high-quality real estate in Mountain View, California, to the west of lower Manhattan also highlights the growing importance of New York as an innovation center and incubator for technology companies.
Ruth Porat, chief financial officer of Alphabet and Google, said “We are growing faster outside the Bay Area than within it.” Atlantic Equities analyst James Cordwell said “It is a ‘fairly sensible’ move for Google given the amount of available talent pool.” Cordwell added again “It also makes sense for Google as New York has been the center for their core advertising business.” With too many white-collar workers and good infrastructure, square steel tubing for sale the city offers a better choice for other places that need more investment.
Last month, the Wall Street Journal reported that Google was about to reach an agreement to buy or lease an office building in New York City to increase office space for more than 12,000 new employees. Google announced a $2.4 billion purchase of Chelsea in Manhattan earlier this year. Google has also leased a space at Pier57 to connect with Hudson Street, which will create a four-block office park or saying campus.