Google Parent Co. Alphabet Announces $1 bn NYC Real-Estate Expansion
Google's parent company Alphabet said Monday it was investing over $1 billion in capital improvements to establish a new campus in New York City.
In a blog post, Alphabet CFO Ruth Porat wrote that it is leasing a large office building in Manhattan's West Village neighborhood, the centerpiece of a campus more than 1.7 million square-feet large.
The expansion would make the company one of the city's largest commercial tenants, according to The Wall Street Journal.
Source: Agence France Presse
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