Google looking for a bit more NYC space - sources

Advertisement
By Reuters | Updated: 20 June 2012 10:47 IST
Google looking for a bit more NYC space - sources
Google Inc, which spent nearly $2 billion for one of Manhattan's largest office buildings, is in the market to rent a bit more space as the company grows and is unable to get some of its tenants out, according to three sources familiar with the matter.

Google is looking to lease between 60,000 square feet to 100,000 square feet of office space, which depending upon the building, could be a floor or two, one source said on Tuesday.

Google paid about $1.8 billion for the 17-story, 2.9 million square-foot building that occupies an entire city block in 2010. The art deco building was constructed in 1932 for what was then called the Port of New York Authority.

The December 2010 sale put the Midtown South office market on the road to becoming New York's technology center.

The company has been a magnet for other technology companies, especially small start-ups, who have clamored to be there and made Midtown South one of the tightest U.S. office markets.

But the building also came with tenants with leases, including Nike Inc , Sloan-Kettering Memorial Cancer Center and Barnes & Noble Inc .

One of the buildings it has looked at is 770 Broadway, the source said.

A representatives from Vornado Realty Trust , which owns 770 Broadway did not return a calle seeking comment. Jordan Newman, a Google spokesman in New York, declined comment.

Other technology and media companies such as Facebook Inc and Microsoft Corp are also in the market for longer-term space in New York City.

Copyright Thomson Reuters 2012

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Google, Manhattan, New York City
Advertisement

Related Stories

Popular Mobile Brands
  1. Realme C73 5G With 6,000mAh Battery Launched in India: See Price
  2. Exclusive: Huawei Band 10 to Launch in India Priced Under Rs. 5,000
  3. Google May Unveil the Pixel 10 Series Much Earlier Than Expected
  4. iQOO Neo 10 First Sale in India Kicks Off Today: Price, Offers and Features
  5. Honor Magic V5 May Offer the Biggest Battery Ever in a Foldable
  6. Elden Ring Nightreign Sells 2 Million Copies on First Day
  7. Bitcoin Falls to $104,900 as Market Undergoes Correction Phase
  8. Nintendo Switch 2 Game Upgrade Pack Prices Revealed Ahead of Debut
  1. Honor Magic V5 Launch Timeline Leaked; May Pack the Biggest Battery Ever in a Foldable
  2. Nintendo Switch 2 Game Upgrade Pack Prices Revealed Ahead of June 5 Debut
  3. Exclusive: Huawei Band 10 With Stress Monitoring, More Features to Launch in India Under Rs. 5,000
  4. Samsung Galaxy S26 Series to Reportedly Include Perplexity App as Companies Near Major AI Deal
  5. Google Pixel 10 Series May Launch Earlier Than Usual, Suggests Alleged Pixel Superfans Invite
  6. Bitcoin Falls to $104,900 as Market Undergoes Correction Phase, Most Altcoins See Losses
  7. Realme C73 5G With MediaTek Dimensity 6300 SoC, 6,000mAh Battery Launched in India: Price, Specifications
  8. Google Says It Will Appeal Online Search Antitrust Decision
  9. Apple Developing Solid-State, Haptic Buttons for iPhone, Apple Watch and iPad, Tipster Claims
  10. Elden Ring Nightreign Sells 2 Million Copies on First Day; Patch Announced to Make Solo Play Easier
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.