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Google Rumored to be Buying 2.9 Million Square Feet in NYC

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It appears that Google may be ready to expand into New York / Mnahattan office space ownership in a big way. According to the New York Post they are looking to purchase the office building at  111 Eighth Ave. building, one of the largest office buildings in Manhattan.  The 18 story office building takes up an entire block between Eighth and Ninth avenues from 15th and 16th streets and has 2.9 million square feet of office space. The rumored price is $2 Billion dollars, which at $690 per square foot is a good deal compared with the $1,500 per square foot prices of 2007.

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Buying Office Space , Investment Real Estate , Manhattan Office Space , New York Office Space , Office Space

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