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NYC’s “Diverse, World-Class Talent” Keeps Google Expanding

Google’s plan to establish a 1.7-million-square-foot campus in Hudson Square isn’t the first large-scale real estate play the search-engine giant has made in New York. It’s not even the first one this year: in March, Google closed on its $2.4-billion acquisition of Chelsea Market.

The company has expanded its real estate and employee base in New York since it established its first office outside of California. “New York City continues to be a great source of diverse, world-class talent—that’s what brought Google to the city in 2000 and that’s what keeps us here,” SVP and COO Ruth Porat wrote in a blog posting Monday.

With the most recent investments in Google Chelsea and Google Hudson Square, “we will have the capacity to more than double the number of Googlers in New York over the next 10 years,” wrote Porat. Currently the company employees 7,000 in the city.

The latest expansion “sends a powerful message that Hudson Square has become one of the city’s most dynamic creative districts,” said Ellen Baer, CEO and president of the Hudson Square BID. “With new public-private partnerships, neighborhood improvements and vibrant open space, there’s never been a better time to be part of the growth taking place here in Hudson Square.”

At Jack Resnick & Sons, which will become one of Google’s new landlords via a 280,000-square-foot lease at 315 Hudson St. (pictured), company president Jonathan Resnick said, “We recognized about a decade ago that Hudson Square was destined to become a hub for New York’s growing creative, technology and office users. We’ve been hard at work transitioning our buildings to serve the needs of today’s most innovative companies.”

In addition to its 315 Hudson space, Google has also signed on for 180,000 square feet at Hines’ 345 Hudson St. and has a letter of intent to occupy 1.3 million square feet at Oxford Properties’ St. John’s Terminal at 550 Washington St.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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