Google’s big buy by the New York Post reports Google may shell out $2 billion to buy the New York office building they currently rent a portion of.
The building is well known, previously the home of the Port Authority, with space of about 2.9 million square feet. It fills an entire city block, from Eighth and Ninth avenues from 15th and 16th streets. It has several addresses, commonly 76 Ninth Avenue or 111 Eighth Ave and is one of the largest buildings in New York City.
In January, we reported Google is looking to expand their New York offices from the two or three floors they currently rent in that building. Buying the whole building may solve that problem.
I personally toured the building when they first moved in late 2006. Back in 2006, it looked like a ghost town. Since then, I have been there several more times and every time I go, the office gets stuffier and stuffier.