Google Buys Huge Building in NY for $1.9 Billion

Google Buys Huge Building in NY for $1.9 Billion 1
0 0
Read Time:54 Second

The former owners of the huge New York City building was a consortium led by Taconic Investment Partners. They knew exactly how to make their property more attractive to important companies, and they did it by creating a ‘meet-me room’ (MMR) in the building for all its tenants to connect with one another and freely exchange data. This turned the 111 Eighth Avenue into one of the most important carrier hotels in the States. Now you see why Google wanted it so much.
Google moved into the building in 2006 and had plenty of time to ‘fall in love’ with it. We are talking about a 2.9 million square foot building, almost one million square feet more than the famous Empire State Building. It is so vast that it takes about twenty minutes to walk around it once.
The mammoth company only occupies about 500,000 square feet in the 111 Eighth Avenue, while other famous names like Nike, Sprint, Level3 or Verizon are tenants there. Google definitely must be happy with their $1.9 billion acquisition.

Google Buys Huge Building in NY for $1.9 Billion 1Google Buys Huge Building in NY for $1.9 Billion

About Post Author

Abbie M

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

4 Tips to Improve Your Company’s Digital Campaign Strategy
News & Trends

4 Tips to Improve Your Company’s Digital Campaign Strategy

Digital campaigns are a great way to connect with customers and promote your products or services. However, to see the best results from your digital campaigns, you must ensure that your strategy is solid. We will give you four tips that will help improve your company’s digital campaign strategy. 1. Define Your Goals and Objectives […]

Read More
News & Trends

When Should a Firm Think about Getting Small Business Insurance

Small companies confront several threats and are better off with insurance than without it. Here are five tips for when and why insurance is critical for small businesses. In the United States, there are around 30.7 million small enterprises. If you own one of these tiny enterprises, you already know how much effort goes into […]

Read More
News & Trends

Most Expensive Chicago Lawsuits

You are not alone if you seek justice for an accident or suffering caused by the carelessness of another, whether a doctor, specialist, or hospital worker, or any other kind of person in a position of trust and authority. Your first goal should be to concentrate on yourself and your loved ones as you strive […]

Read More