Wednesday, December 22, 2010

Investing in New York

Google New York started in a Starbucks on 86th lane with one person in 2000—a fragmentary, highly-caffeinated sales “team.” After moving to a larger office in Times Square, in 2006 we relocated to our current home in Chelsea, at 111 Eighth Avenue—a former Port ability building. In June of 2008, we took additional space in the Chelsea Market building at 75 Ninth Avenue. Now we have more than 2,000 Googlers operational on a variety of projects in both sales and engineering—and we’re hiring across the board.

Today, we’re pleased to proclaim that we’ve closed a deal with the partnership of Taconic Investment associates, Jamestown Properties and the New York State Common departure Fund to purchase 111 Eighth Avenue (also known as 76 Ninth Avenue). As part of the deal, we’ve retain Taconic Management Company to continue the leasing oversight services and organization of the building on our behalf, as long as the same level of customer service the building’s tenants have come to be expecting. We believe that this is a great real estate speculation in a thriving neighborhood and a incredible city.

Like the city, our New York office is a melting pot of cultures and thoughts—it’s home to Googlers from more than 35 countries who speak extra than 40 languages. They live in the five boroughs and extend across the tri-state area. We’re excited to carry on to build our presence there.

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