Google will open a new $1 billion dollar campus in NYC

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Google announced Monday it will spend more than $1 billion to build a new office complex in New York City that will allow the internet search giant to double the number of people it employs there.

The new campus, dubbed Google Hudson Square, will take up over 1.7 million square feet of space at 315 and 345 Hudson Street and 550 Washington Street.

Hudson Square will be the primary location for Google's New York-based Global Business Organization.

For more on Google's $1 billion expansion in New York City, follow on over to The Washington Post. "Earlier this year, we announced the $2.4 billion purchase of the Manhattan Chelsea Market and shared plans to lease additional space at Pier 57".

"When we came to New York City nearly two decades ago, it was our first office outside of California".

The announcement comes after rival Amazon said last month that it was splitting its new headquarters between the Long Island City district in NY and Crystal City, a Virginia community across the Potomac River from the USA capital Washington.

The Manhattan campus will comprise two buildings on Hudson Street and a third on Washington Street.

And fitting in with a vibrant city is part of what makes NY attractive to tech firms, along with a good amount of local talent and that whole finance-capital-of-the-world thing.

Google has also spent $2.4bn.

Google has contributed more than $150 million in grants and employee-matched giving to NY nonprofit institutions since 2011, according to Porat. "In fact, we're growing faster outside the Bay Area than within it". Amazon's move to both New York City and Virginia, in particular, is causing some controversy due to the heavy tax breaks the company is receiving.

Ruth Porat, Google's chief financial officer, commented on the company's plans in a statement saying: "New York City continues to be a great source of diverse, world-class talent".

The Amazon deal was brokered by the state in cooperation with New York City's Economic Development Corporation.