315 Hudson St./ Photo credit: Neoscape
NEW YORK CITY—Acquiring real estate that would allow doubling its employees in 10 years, Google is investing $1 billion to develop a 1.7 million square-foot campus in the West Village, called Google Hudson Square. The internet behemoth has leased space at 315 Hudson St. and 345 Hudson St. and signed a letter of intent at 550 Washington St. In addition to purchasing Chelsea Market, 111 Eighth Ave. and leasing at Pier 57, Google is redoubling its commitment to New York City's tech industry.
Google will occupy 280,000 square feet at Jack Resnick & Sons' 315 Hudson St., a neo-classical office property in the final stages of a $65 million redevelopment. The first phase of the property's capital improvement program was completed in 2017. It included a new lobby with a glass entrance, concierge desk, contemporary art and new security turnstiles. In the second phase, scheduled to be completed in 2019, the real estate company is installing new mechanical systems including a cooling tower, elevators and new windows. Resnick declined to provide pricing information or the length of the lease.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
