Wednesday, October 27, 2010

Google’s New Home

Google is close to purchasing 111 8th Avenue, one of the largest buildings in Manhattan, for close $2 billion.  However, Google has competition.  Many entities from around the world are interested in purchasing the 2.9 million square feet from Taconic Partners. 

Courtesy of Google Images
The purchase of this building by Google, Inc. will help stimulate the economy because of the amount of third-parties in the transaction, and the tax dollars that will flow through New York City.  

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