Tech giant Google is currently in the process of purchasing its Manhattan 111 8th Ave. building for approximately $2 billion. ( located between Eighth and Ninth avenues from 15th and 16th streets).
Google currently rents around a fifth of the building at the moment, 550,000 square feet. However the complete building boasts three million square feet and is listed the third largest building in Manhattan by square footage.
One of the key purchasing features of the building to Google might have been the Telx ISP facility that is housed in the Manhattan block and makes it one of the most connected buildings in the world.
Filed Under: Technology News