How Google, Amazon and Apple will change New York

Just weeks apart, two tech giants announced plans to significantly expand their operations in New York City. In November, Amazon said it would open a hub in Long Island City, creating 25 jobs. And on Monday, Google said it would build a 000 million-square-foot campus in lower Manhattan. And that's not all - Apple says it will hire hundreds of new employees at its New York office. How will all this change the city?

Photo by: google

Here is a look AMNY on how technology companies have expanded their operations throughout the city in recent years.

2000: Google opened its first New York office, which became the first location of the company outside of California.

2006: Google rented a large building occupying an entire city block on 111 Eighth Ave. This was his main office in the city.

2010: Google bought the building at 111 Eighth Ave. worth over 1,8 billion dollars.

2011: Apple rented office space on 100-104 Fifth Avenue in the Flatiron area for its advertising division.

2014: Amazon rented a 470 000 square foot in downtown Manhattan at 7 West 34th St., opposite the Empire State Building.

2017: in September, Amazon leased 360 000 square feet of office space to host its advertising division. The company allocated 55 million dollars to build a new office space at 450 West 33rd St. Later that month, the company announced it would open the first New York executive center in the West Bank of Staten Island.

2018

• February - Google spent $2,4 billion to buy a building in Chelsea Market, where it already has offices, and said it would lease more space from Pier 57, a commercial building on the Hudson River;
• November - Amazon announced it would open its new hub in Long Island City, promising to create 25 jobs in the region. The company said it will invest $000 billion and in return will receive $2,5 billion in state and city aid.
• December 13 - Apple announced plans to add hundreds of jobs to the more than a thousand it already has in New York as part of an expansion that will include a new $1 billion campus in Austin;
• December 17 - Google announced plans to develop a 1,7 million square foot Hudson Square campus. In a blog post, the company said it leases buildings at 315 and 345 Hudson and 550 Washington streets in lower Manhattan.

What is known about the new Google campus in Manhattan

Google has announced plans to open a new campus for its Global Business Organization in the Hudson Square area of ​​Manhattan. The company has signed lease agreements for office space at 315 and 345 Hudson St., as well as a letter of intent to lease at 550 Washington St., writes AMNY.

What we know about Google Campus in Hudson Square, broken down by numbers.

• 1 billion investment. Google will spend over 1 a billion dollars to build a new campus.
• 7 000 jobs. The company plans to double its workforce in New York over the next 10 years, increasing the number of employees from 7 000 to 14 000 people.
• Moving to 2020: The company plans to relocate to its Hudson Street branches in less than two years. It is assumed that part of the campus on Washington Street will open in 2022 year.
• 1,7 sq. M. feet of space. Between the three offices, a new Google campus will occupy 1,7 million square feet of real estate in Manhattan.
• 150 million dollars in grants. New York-based non-profit organizations have been receiving 2011 million dollars from 150 from grants provided to Google employees.

As Google pointed out New York's big deal mistake with Amazon

As evidence that technology jobs will appear in New York without any special subsidies, Google announced on Monday plans to double its presence here to 14 000 jobs, writes New York Post. Compare this to the city's recent deal with Amazon - Mayor de Blasio and Governor Cuomo donated $3 billion in various subsidies to entice the company to create 25 jobs over the same 000-year period.

Another point: last week, Apple abandoned national expansion plans, which include the addition of several hundred jobs in New York. On the other hand, 320 000 New Yorkers are already employed in the local technology industry, reports the City Economic Development Corporation.

Step by step, Google slowly builds its campus from Hudson Square; even before the company announced rental and purchase plans, it already buys the adjacent building from Chelsea Market and rents a new building at 57 Pier. This will not give her an autonomous “zone”, similar to the one that Amazon will have in Long Island City, as well as its own helipad, but employees (and neighbors) will most likely take it as a plus: fortresses cut off from the world are uninteresting .

And embedding itself in a vibrant city is part of what makes New York attractive to tech firms, along with plenty of local talent and the whole financial capital of the world thing. (Google envisions the Hudson Square campus to be the center of its global business organization, although it will have many other functions.)

The bottom line: New York is better to rely on its natural advantages in attracting employers and stop making special offers in the name of work.

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