Google is planning a huge $1 billion campus in New York

[James Bond Agent 007]

And another one.

Google is planning a huge $1 billion campus in New York

Google will build a new campus in New York City, the tech giant announced in a blog post on Monday.

Google will spend $1 billion to create a 1.7-million square-foot campus in Manhattan's West Village neighborhood, it said in the post by Google's CFO, Ruth Porat. The new campus will be called "Google Hudson Square."

Google's locked down three properties as part of the expansion:

550 Washington St.
315 Hudson St.
345 Hudson St.

Google said it plans to start moving into the buildings in 2020. 550 Washington Street is called the St. Johns Terminal space, and it will be the head of Google's "Global Business Operation" when it opens in 2022.

[skyscraperpage17]

The rich just get richer. Ho-hum.

(with exception to Nashville)

[tdawg]

Isn't Disney's new NYC HQ going to Hudson Square as well?

[Crawford]

Originally Posted by tdawg

Isn't Disney's new NYC HQ going to Hudson Square as well?

Yes, Disney HQ will be a full-block site a few blocks east of the Google site.

[Crawford]

Re Google in NYC, just this year they did the following:

1. Bought Chelsea Market building for expansion (a $2.4 billion purchase)

2. Leased the entire Pier 57 (a gigantic postwar pier converted to offices).

3. Leased 1.7 million square ft. at the new office building on the St. John's terminal site.

[mousquet]

Disgusting... I'm so dangerously jealous right now.

These US GAFA things invest peanuts in my country, create nearly zero interesting job over here (ironically, Microsoft and old struggling things like IBM must still be the better in that matter), and pay virtually no taxes because of all the possible nasty tricks on the EU market.
Their Euro headquarters are in Ireland or in the Netherlands, then guess what, no benefit for my poor country.

The only local constraint on them is this message when you just cleaned up your browser history.

Warning, you idiot. We're just about to violate your privacy to collect loads of data and make money out of it.
Hope you don't mind if we screw you dirty peasants, huh?

Why don't we get these massive campuses over here?
I can't wait for the day when people here get really pissed at those clowns.
We're gonna make them spit tons of taxes and blood.

[dimondpark]

double post.

[dimondpark]

I'm glad because Google has about $10 billion in building projects and expansions underway in the Bay Area right now. Enough for now.

Between Google, Apple, Facebook and Salesforce, it's a wonder anyone else can find space here.

[BG918]

Originally Posted by dimondpark

I'm glad because Google has about $10 billion in building projects and expansions underway in the Bay Area right now. Enough for now.

Between Google, Apple, Facebook and Salesforce, it's a wonder anyone else can find space here.

And is the primary reason (among others currently being discussed in this forum) that have driven up real estate costs to unsustainable levels. Perfect recipe for an epic crash in the near future.

[dimondpark]

Originally Posted by BG918

And is the primary reason (among others currently being discussed in this forum) that have driven up real estate costs to unsustainable levels. Perfect recipe for an epic crash in the near future.

Yes. There is a huge battle going on in San Jose because of activists trying to stop "Googleville"

Google village could bring 25,000 jobs to downtown San Jose: study

George Avalos
PUBLISHED: November 28, 2018 at 2:30 pm

SAN JOSE — Google’s transit-oriented village could bring more than 25,000 new jobs into downtown San Jose — an eye-popping 65 percent increase in the number of workers in the urban heart of the Bay Area’s largest city, according to a new city-commissioned study.

“There is going to be a lot more of everything for downtown San Jose,” said Scott Knies, executive director of of the San Jose Downtown Association. “More jobs, more housing, more hotel rooms, retail, restaurants, more tax revenue. This report makes that clear.”

The biggest economic benefits would occur if taller buildings can be constructed in that part of downtown San Jose, much of which lies beneath the flight paths of jetliners using the city’s international airport, the according to the report circulated by San Jose’s Economic Development Department.

The potential job impacts and the additional office spaces are nothing less than dramatic. The most recent comprehensive estimate, compiled in 2014 by non-profit group SPUR, stated that downtown San Jose has roughly 39,000 jobs. If the Google village project brings 25,400 jobs to the city’s central core, that would be an increase of about 65 percent in the number of jobs in downtown San Jose...

https://www.eastbaytimes.com/2018/11...ose-study/amp/

Some people cant understand the vehement opposition by locals, Im torn on the issue.

My biggest gripe is with nimbys who refuse to embrace the growth the economy has created.

[the urban politician]

How on earth can Google suddenly need that many employees? I mean, these numbers are like automobile assembly plants from the 1920s.

If they ever develop efficiencies or figure out a way to export these jobs to India, there is going to be a HUGE collapse

[10023]

Originally Posted by mousquet

Disgusting... I'm so dangerously jealous right now.

These US GAFA things invest peanuts in my country, create nearly zero interesting job over here (ironically, Microsoft and old struggling things like IBM must still be the better in that matter), and pay virtually no taxes because of all the possible nasty tricks on the EU market.
Their Euro headquarters are in Ireland or in the Netherlands, then guess what, no benefit for my poor country.

The only local constraint on them is this message when you just cleaned up your browser history.

Warning, you idiot. We're just about to violate your privacy to collect loads of data and make money out of it.
Hope you don't mind if we screw you dirty peasants, huh?

Why don't we get these massive campuses over here?
I can't wait for the day when people here get really pissed at those clowns.
We're gonna make them spit tons of taxes and blood.

Because of your taxes, labor laws and legal system.

[HowardL]

Originally Posted by the urban politician

If they ever develop efficiencies or figure out a way to export these jobs to India, there is going to be a HUGE collapse

Two issues with Indian outsourcing:
1 - Absolute worst time zone for collaboration with North American HQ workers.
2 - Absolute worst time zone for collaboration with North American HQ workers.

[mousquet]

Originally Posted by 10023

Because of your taxes, labor laws and legal system.

I'm always the loudest when it comes to criticizing the French welfare state.
Of course, it could be 10 times as efficient if it wasn't for the dull local technocracy and establishment.

But I'm certainly not in favor of social Darwinism, crap like "only the strong survive".

I don't know, it might work in your English-speaking world, but not here.
You know what happens when you let the poor die here?
They end up cutting your throat by laughing out loud.

I don't want that to happen again to my country, ever.

[10023]

Originally Posted by mousquet

I'm always the loudest when it comes to criticizing the French welfare state.
Of course, it could be 10 times as efficient if it wasn't for the dull local technocracy and establishment.

But I'm certainly not in favor of social Darwinism, crap like "only the strong survive".

I don't know, it might work in your English-speaking world, but not here.
You know what happens when you let the poor die here?
They end up cutting your throat by laughing out loud.

I don't want that to happen again to my country, ever.

That’s fine. But you won’t have any big tech companies.

[The North One]

Originally Posted by the urban politician

How on earth can Google suddenly need that many employees? I mean, these numbers are like automobile assembly plants from the 1920s.

If they ever develop efficiencies or figure out a way to export these jobs to India, there is going to be a HUGE collapse

They're forecasting hiring over a period of 30+ years.

[llamaorama]

Originally Posted by the urban politician

How on earth can Google suddenly need that many employees? I mean, these numbers are like automobile assembly plants from the 1920s.

If they ever develop efficiencies or figure out a way to export these jobs to India, there is going to be a HUGE collapse

Are those jobs programmers or are they business people and clerical/office jobs>?

YouTube has been under pressure to hire a bunch of people to review objectionable or copyright infringing content. They are finding that AI is really terrible at doing the job.

[chris08876]

Originally Posted by BG918

And is the primary reason (among others currently being discussed in this forum) that have driven up real estate costs to unsustainable levels. Perfect recipe for an epic crash in the near future.

That's the fault of the Bay Area. They do not encourage enough construction. Hostile towards developers. Even with the high costs of parcels, if the zoning is there, they will build. They need to provide a profitable environment for office/residential developers.

[dc_denizen]

Why does everything have to be in New York

[skyscraperpage17]

Originally Posted by dc_denizen

Why does everything have to be in New York

Why does everything not in NY have to be in DC