terminal
NEW YORK (AP) — Google is planning to buy New York’s St. John’s Terminal for $2.1 billion, making it the anchor of its Hudson Square campus.
Alphabet and Google Chief Financial Officer Ruth Porat said Tuesday that the company is looking to invest more than $250 million in its New York campus this year. Google’s had a presence in New York for over 20 years. St. John’s Terminal, a former freight facility, is located at 550 Washington Street.
We’re deepening our commitment to New York City with plans to purchase the St. John’s Terminal development in Manhattan. Learn more: https://t.co/Q07HstS77G
— Google (@Google) September 21, 2021
At the moment, Google leases the property. Officials say they expect to open the new space by the middle of 2023.
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