Google to Add New $2.1 Billion Building in Its Assets
The new office is expected to be opened by mid-2023 and it will be the firm’s largest workplace outside California
Even with most of its workforce working remotely, Google has revealed its plan for buying a building for $2.1 billion in New York’s Manhattan area.
Google CEO Sundar Pichai took to his Twitter account to announce the new addition to the tech company’s assets.
For more than 20 years, New York City has been home to so many Googlers – excited to continue growing there and support the city’s economic recovery with our purchase of St. John’s Terminal in Manhattan. https://t.co/1SpnzsAPLD pic.twitter.com/1w5MkXOaUK
— Sundar Pichai (@sundarpichai) September 21, 2021
Google already has the lease of St. John’s Terminal building in Manhattan borough in New York and the company will buy it now.
The office building is expected to be opened by mid-2023 and it will be the firm’s largest office outside California.
The structure is sprawled on 1.7 million square feet and will serve as the workplace for sales and partnership teams, according to Google CFO Ruth Porat.
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Since the pandemic outbreak, this is the most expensive building purchase by a firm in the US as claimed by Real Capital Analytics.
The tech firm has told the workers to telecommute till January amid the pandemic.
Even after reopening, CEO Sundar Pichai expects 20% of employees to work from home.
