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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