Sunday May 20, 2018

#Google Seeks More Space in #ChelseaMarket

Image representing Google as depicted in Crunc...

Image via CrunchBase

Crain’s New York Business reports that Google is in talks to take another 75,000 square feet at Chelsea Market. That would give Google a total of 300,000 square feet in the building. An anonymous source told Crain’s that a few tenants at the market would have to be moved around to accommodate the Internet giant. The rent isapproximately $70 per square foot.

Google also occupies 650,000 square feet at its own building one block away. It bought the building for $2 billion last year and hoped to gradually occupy the three million square feet of space. But tenants including Nike and the advertising firm Deutsche Inc. have refused buyout offers.

Crain’s New York Business