Re­port: Google plan­ning big New York City ex­pan­sion

Daily Sabah (Turkey) - - Business -

GOOGLE is plan­ning a ma­jor ex­pan­sion in New York City, ac­cord­ing to a re­port in the Wall Street Jour­nal. The news­pa­per re­ported Wed­nes­day that the com­pany plans to add space for more than 12,000 ad­di­tional New York work­ers. The Jour­nal cited anony­mous peo­ple fa­mil­iar with the plans. The pa­per said Google has New York real es­tate deals in the works that would give it room for nearly 20,000 work­ers. Those in­clude buy­ing or leas­ing a 1.3 mil­lion-square-foot build­ing in the city’s West Vil­lage neigh­bor­hood due to be com­pleted by 2022. A Google spokesper­son said the com­pany had no com­ment on the Jour­nal re­port. The re­ported ex­pan­sion of Google’s work­force would al­most match the 25,000 em­ploy­ees that Seat­tle-based Ama­zon is re­port­edly con­sid­er­ing bring to New York’s Long Is­land City as part of its own highly pub­li­cized search for new of­fice lo­ca­tions. Ama­zon would also re­port­edly add an­other 25,000 jobs to a lo­ca­tion in Crys­tal City in north­ern Vir­ginia near Wash­ing­ton, D.C. New York and Wash­ing­ton, like other ma­jor cities with ex­ist­ing clus­ters of highly ed­u­cated work­ers, re­search uni­ver­si­ties and other suc­cess­ful tech­nol­ogy com­pa­nies, are in­creas­ingly in de­mand as com­pa­nies like Google and Ama­zon ex­pand.

That cre­ates a pos­i­tive feed­back loop that ben­e­fits these mu­nic­i­pal­i­ties and con­cen­trates op­por­tu­nity in ways that risk leav­ing other parts of the coun­try be­hind.

Peo­ple walk by Google of­fices in New York.

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