Google to invest $1 billion in NY campus

Google to Spend $1 Billion to Establish New Campus in New York City

Alphabet's Google said on Monday that it is investing over $1 billion (Rs. 7,156 crores) to establish a new campus in NY city, as it expands its presence in the city's technology corridor along the Hudson River. Once the Google Hudson Square campus is complete, it will serve as the primary headquarter for the company's Global Business Organization in NY. They state, "our investment in New York is a huge part of our commitment to grow and invest in USA facilities, offices and jobs... and as we continue to grow across the country, we look forward to calling New York City home for many years to come".

Google said Monday it will spend $1 billion on a new New York City campus, allowing the company to double its staff there within a decade.

Apple, based in Cupertino, California, said last week that it plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs.

Last month, Amazon.com Inc said it would open offices in NY and the Washington, D.C. area, creating more than 25,000 jobs.

There will be three buildings in all that make up the campus: two pre-existing buildings on Hudson Street and a yet-to-be-built building on nearby Washington Street. In the end, the online retailer made a decision to open two new facilities - one in New York City and another in Northern Virginia near Washington, D.C.

Pictured above: Artist's rendering of 315 Hudson St. "We believe that as our company grows, we have a responsibility to support the communities we call home", she said.

Trump threatens to shut down government over border wall funding
Marcia Fudge. "I think it's a little more challenging than you might think", Pelosi told reporters at a press briefing Thursday. But Pelosi won a support pledge from the one Democrat who had publicly considered taking on the challenge: Ohio Rep.

The last major investment in the city happened back in February when Google acquired the entire Chelsea Market building for $2.4 billion.

Google hopes to move into the new campus by 2020.

The company now employs some 7,000 people in NY.

"Our investment in NY is a huge part of our commitment to grow and invest in US facilities, offices and jobs", Porat said.

The Amazon deal was brokered by the state in cooperation with New York City's Economic Development Corporation.

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