Google said on Monday that it is investing over $1 billion to establish a new campus in New York city.
Alphabet’s Google said on Monday that it is investing over $1 billion (Rs. 7,156 crores) to establish a new campus in New York city, as it expands its presence in the city’s technology corridor along the Hudson River.
The new leased campus, which is over 1.7 million square-foot, will be the primary location for Google’s global business organization, the company said in a blog post .
The news comes on the heels of Amazon.com picking New York as its second headquarters .
Earlier in March, Google had announced a $2.4 billion purchase of the Manhattan Chelsea Market.
In the blog post, Alphabet CFO Ruth Porat wrote that it is leasing a large office building in Manhattan’s West Village neighbourhood, the centrepiece of a campus more than 1.
