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AP National Business

Google to spend $2.1 billion on Manhattan campus acquisition

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Published 9:05 AM

The Associated Press

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. Google currently leases the property and expects to open its new space there by the middle of 2023.

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