Tech firms expanding in Manhattan
Posted by Wei Min Tan on September 29, 2021
Google, Roku and Microsoft are among the tech firms in talks on expanding in Manhattan. Amazon and Facebook have also explored options to expand their offices.
Google buying St. John’s Terminal
St. John’s Terminal is a space that Google was leasing and now, Google has decided to buy it for $2.1 billion. Located in Hudson Square, St. John’s terminal will be the headquarters of Google’s second Manhattan campus.
Google is also leasing 345 Hudson and 315 Hudson. In total, Google will have three buildings in Hudson Square.
Google’s St. John’s Terminal building
Facebook: More than 2 million sqft
Facebook is Manhattan’s largest corporate tenant with more than 2 million square feet of office space.
Microsoft and Roku: 100,000 sqft leases in Flatiron and 5 Times Square
Microsoft and Roku are both in negotiation to lease 100,000 square feet of space each.
Each of these shows that the tech firms are all very optimistic with Manhattan. They know that there’s tremendous amount of talent here. Despite Covid and work from home, they are all expanding their presence in Manhattan.
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