Google has decided to purchase the building where its New York staff works. The California firm found its Chelsea rental desirable enough to buy for nearly 2 billion dollars. Rumors that Google decided on 111 Eighth Avenue because it came up first in its search engine entry under "New York hipster buildings" is just another Gotham rumor.
Friday, December 3, 2010
Google Decides Buying Better Than Renting in NYC
Google has decided to purchase the building where its New York staff works. The California firm found its Chelsea rental desirable enough to buy for nearly 2 billion dollars. Rumors that Google decided on 111 Eighth Avenue because it came up first in its search engine entry under "New York hipster buildings" is just another Gotham rumor.
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