Google to spend $2.1 billion on Manhattan campus acquisition

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Google to spend $2.1 billion on Manhattan campus acquisition
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Google is planning to buy St. John’s Terminal in New York City for $2.1 billion, making it the anchor of its Hudson Square campus.

FILE - In this file photo dated Monday, Dec. 17, 2018, a man using a mobile phone walks past Google offices in New York. Google is planning to buy New York's St. John’s Terminal for $2.1 billion, making it the anchor of its Hudson Square campus. Alphabet and Google Chief Financial Officer Ruth Porat said Tuesday, Sept. 21, 2021, that the company is looking to invest more than $250 million in its New York campus this year.

Google is planning to buy New York City’s St. John’s Terminal for $2.1 billion, making it the anchor of its Hudson Square campus. “Google is leading the way here in our economic comeback but also further asserting what we know more and more: New York City is now one of the great tech capitals in the world,” de Blasio said at a virtual news conference Tuesday.

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Google hearts New York CityGoogle hearts New York CityAlphabet said on Tuesday it plans to buy a former freight facility on the West Side of Manhattan, St. John’s Terminal, for $2.1 billion. Google’s parent company already leases the building. The property will serve as the cornerstone of the company’s new Hudson Square campus, its largest outside of California.
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