• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, July 19, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Google eyes New York office building for $2.1 billion

by Rohit Yadav
September 21, 2021
in Business, Markets, News, Tech, Trending
Reading Time: 2 mins read
0
Google building office

Image: 9to5google

TwitterWhatsappLinkedin

Google said Tuesday that it will spend $2.1 billion on a New York City office building, despite the fact that the majority of its employees are still working remotely.

You might also like

Inside SpaceX Starbase’s Worker Injury Surge

Microsoft Shuts Down Movies & TV Store on Xbox and Windows

Apple Sues YouTuber Jon Prosser Over iOS 26 Leak

Google building office
Image: 9to5google

According to The Wall Street Journal, citing Real Capital Analytics, the acquisition is the most costly for any single U.S. office building since the epidemic began. The agreement was originally reported by the Wall Street Journal.

Google already rents the property and has announced that it will exercise an option to buy the St. John’s Terminal building in Manhattan’s Hudson Square area. CFO Ruth Porat stated in a blog post that the building will “act as the anchor” of the company’s new campus in the neighborhood.

Even though big companies such as Google have postponed their return-to-work dates, the agreement is a promising omen for New York as it emerges from the epidemic. Employees at Google have been advised they are not required to return to work until January. Its CEO earlier stated that he expected 20% of staff to continue working from home following the reopening.

The initiatives would expand Google’s already sizable presence in Manhattan. The business previously stated that it will invest $250 million in New York City this year and increase its workforce there from 12,000 to 14,000 people over the following few years.

By mid-2023, Google hopes to open a location at 550 Washington St. in St. John’s. According to CFO Ruth Porat, the location will be Google’s largest headquarters outside of California. Google’s sales and partnerships departments will be housed on the 1.7 million square foot facility.

The transaction is expected to conclude in the first quarter of 2022, according to Google.

Google recently stated that it will postpone its workers’ return to work until January 10, 2022. Sundar Pichai, the company’s CEO, disclosed this in an email to workers. Pichai explained that the deadline was postponed because of the fluctuating situations with the Covid-19 throughout the world at the moment. As a result, Google’s global optional return-to-office policy has been extended until January 10, 2022.

Google will “allow countries and localities to decide when to stop voluntary work-from-home depending on local conditions” after January 10. He also indicated that there may no longer be a single worldwide policy, and that policies may differ considerably amongst offices. Before calling its workers back, Google will give them a 30-day heads-up. Pichai commented on the present scenario, stating that tens of thousands of Google employees are returning to work on a voluntary basis.

Tags: GoogleGoogle OfficesNew York Office
Tweet54SendShare15
Previous Post

Nokia speculated to launch its new tablet on 6th October

Next Post

Apple iPhone 13 series outsells last year’s iPhone 12 series

Rohit Yadav

Hi! I'm Rohit, If you like reading about markets, technology and business, you've come to the right place. Catch me: [email protected]

Recommended For You

Inside SpaceX Starbase’s Worker Injury Surge

by Anochie Esther
July 19, 2025
0
Starbase

SpaceX’s Starbase facility in Texas is the nerve center of one of the most ambitious aerospace projects in history the development of the Starship rocket, a fully reusable...

Read more

Microsoft Shuts Down Movies & TV Store on Xbox and Windows

by Anochie Esther
July 19, 2025
0
Microsoft

In a move that has caught many users off guard, Microsoft has officially shut down its Movies & TV store on Xbox consoles and Windows PCs. As of...

Read more

Apple Sues YouTuber Jon Prosser Over iOS 26 Leak

by Anochie Esther
July 19, 2025
0
iOS 26

Apple has launched a federal lawsuit against well-known tech YouTuber Jon Prosser, accusing him of participating in a scheme to illegally access confidential features of iOS 26, months...

Read more
Next Post
Apple iPhone 13 series outsells last year's iPhone 12 series

Apple iPhone 13 series outsells last year's iPhone 12 series

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?