This makes the purchase of the HP campus by Apple look like a bargain at $300 million. The NYC building stands 15 stories tall, but carries more square footage than the Empire State Building. Google currently houses more than 1,800 employees at the location.
It is interesting to see that Verizon and Sprint also have offices in the location. They must feel even more threatened by the push by Google into their space (literally this time).
In the biggest real estate deal of the year, Google signed a contract on Thursday to buy one of the largest office buildings in Manhattan for more than $1.8 billion, according to two real estate executives who have been briefed on the deal.
Taconic and its partners bought the property in 1998 and began stocking the building with telecom companies like Verizon and Sprint