Now tech builds out New York
Google is shelling out a whopping $1bn to build out its presence in New York City. That cash will go into Google Hudson Square, a 1.7m-plus-square-foot campus across three addresses in lower Manhattan.
The online ads giant currently has over 7,000 employees working in the city and expects to more than double that over the next decade.
Looking to schmooze New Yorkers, Google points out that, since 2011, it has contributed more than $150m in grants and employee-matched giving to local non-profits.
“We’ve been ardent supporters of iconic neighbourhood public resources such as the High Line and Hudson River Park, and partnered with the New York City Public Library System to provide free Wi-Fi hotspots to public school students and families without home internet access,” it says.
Google’s tech giant news may be more welcome that Amazon’s recent announcement that it was looking to build its second headquarters in Long Island City. Critics have seized on the retail behemoth snagging $1.5bn in municipal incentives.
In return, Amazon is offering a tech and arts incubator on its new campus, space for a new public school, and investments in improvements to infrastructure and a new green space. However, locals don’t seem to like the idea of company head Jeff Bezos – the world’s richest man – being allowed to build a helipad at the Queens site.