Google parent co. Alphabet announces USD 1 bn NYC real-estate expansion

Image
AFP New York
Last Updated : Dec 17 2018 | 5:00 PM IST

Google's parent company Alphabet said Monday it was investing over USD 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 neighbourhood, 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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 17 2018 | 5:00 PM IST

Next Story