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Google Buys Manhattan Office/Telecom Hub

timothy posted more than 3 years ago | from the imagine-that-in-pennies dept.

Google 87

1sockchuck writes "Google will soon own one of the world's choice pieces of Internet real estate. The company has reportedly signed a contract to buy 111 8th Avenue in New York for an estimated $1.9 billion — or about $250 million more than Google spent to buy YouTube. The building serves as Google's main New York sales office, but is also one of the city's main telecom hotels, housing major data center operations for Digital Realty Trust, Equinix, Telx and dozens of network providers. Google currently has about 500,000 square feet of office space at 111 8th Avenue."

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HTTP/real estate (0)

Anonymous Coward | more than 3 years ago | (#34442898)

Nothing different, it's always location location location

Re:HTTP/real estate (1)

WrongSizeGlass (838941) | more than 3 years ago | (#34442948)

111 8th ave is the old Port Authority Bus Terminal. 20 yrs ago I worked for a company in that building. Ahh, memories ... and great subway access.

Re:HTTP/real estate (-1)

Anonymous Coward | more than 3 years ago | (#34442992)

111 8th ave is the old Port Authority Bus Terminal. 20 yrs ago I worked for a company in that building. Ahh, memories ... and great subway access.

Yeah nice subway access meanins a concrete hellhole that is all major cities plus LOTS of niggers that reproduce like the ghetto rats they are.

Re:HTTP/real estate (0)

Anonymous Coward | more than 3 years ago | (#34443894)

I am deeply offended by your comments and I feel I must respond to how wrong your are. Manhattan is not a ghetto.

Re:HTTP/real estate (0)

Anonymous Coward | more than 3 years ago | (#34443430)

Yeah I used to work there as well. Wonderful building and great neighborhood. Chelsea Market is across the street (on 9th ave), which has gone through some significant changes in the last 10 years or so.

I used to love to grab my lunch at Chelsea Market so that I could eat back at my desk, even though the view there was superb (Oxygen network was/(is) headquartered in the market, so the women were all gorgeous).

Re:HTTP/real estate (1)

jimktrains (838227) | more than 3 years ago | (#34443714)

I'd love to go to NYC and tour the subway. I'd love to see some of the out-of-use stations, but I don't know of/think there is any way to do that.

Re:HTTP/real estate (2)

Rozine (1345911) | more than 3 years ago | (#34444018)

The MTA museum offers these tours occasionally: http://mta.info/mta/museum/index.html [mta.info] . Keep an eye out for it. You can sleep on my couch if you want.

Re:HTTP/real estate (1)

jimktrains (838227) | more than 3 years ago | (#34444120)

^_^

NYC (1)

Compaqt (1758360) | more than 3 years ago | (#34449874)

One of the things I don't get about NY is the number of "former X" buildings/spaces. If the Port Authority needed a Bus Terminal (and a huge one at that), doesn't it need one now?

The "former meat-packing district": doesn't meat need to be packed anymore in New York City? Or do people just buy their meat unpacked?

And is everyone in NY just selling ads, suing people, or serving coffee anymore?

Same for all the other "formers".

Re:NYC (1)

badran (973386) | more than 3 years ago | (#34451738)

When the real-estate goes up in price, it makes sense to sell or rent out. You can always move your business to cheaper locations.

Re:NYC (0)

Anonymous Coward | more than 3 years ago | (#34485956)

The current port authority bus terminal is at 8th avenue and 40th street. This was the old one, I guess.

As for meatpacking, I'm guessing it's way more cost-effective to do it 5-50 miles away and just truck it in, versus having the land in manhattan for butchers to stand around, etc. Density, son.

Re:HTTP/real estate (1)

Yvanhoe (564877) | more than 3 years ago | (#34443252)

Of if you are paranoid it is about data data data...

$1.900.000.000 for a building (1)

0olong (876791) | more than 3 years ago | (#34442902)

Haven't heard of real estate prices like this since pre-bubble Tokyo. What's going on here? Are a bunch of fiber cables really that valuable?

Re:$1.900.000.000 for a building (0)

Anonymous Coward | more than 3 years ago | (#34442940)

Google Saves Real Estate Industry

Re:$1.900.000.000 for a building (2)

mrjackson2000 (733829) | more than 3 years ago | (#34442942)

They're getting more than just a building. There are other tenants that they will get rent from, and that is figured into the price.

Re:$1.900.000.000 for a building (1)

Stellian (673475) | more than 3 years ago | (#34443310)

They're getting more than just a building

They're getting exactly that: a building. Google is getting 100% return from it's add business, do you think they care about a 5% return from current tenants ?
At about 700$/sq feet, they are buying an 80 year old building for the same price it would have take to build it from scratch at the height of the real-estate bubble.
I can understand the're can be other reasons for wanting this, like preventing a competitor from buying it to disrupt their core business, and forcing local competitors to regroup elsewhere. But from the real-estate stand-point, is'a a crap deal.

Re:$1.900.000.000 for a building (1)

AHuxley (892839) | more than 3 years ago | (#34443406)

Buying into a NSA ready telco hub saves a few billion.
Buying a high frequency trading hub makes a few billion.
U.S. intelligence agencies trying to fund a small war via insider trading, priceless.

Re:$1.900.000.000 for a building (1)

Posting=!Working (197779) | more than 3 years ago | (#34443414)

Location. Building an 80 story building in Pigsknuckle, Arkansas might cost $700/ft^2, building it in Manhattan will cost a lot more that that. The piece of land it's on is incredibly valuable even if there were no building on it.

Re:$1.900.000.000 for a building (1)

Reziac (43301) | more than 3 years ago | (#34444376)

And that's probably the point. At a certain level, many big corps are actually in the real estate business, NOT whatever nominal product. McDonald's leaps to mind... they're really in the primo location business, not the hamburger business.

Re:$1.900.000.000 for a building (1)

lanceblack (969852) | more than 3 years ago | (#34442952)

A move into High Frequency Trading perhaps?

Re:$1.900.000.000 for a building (1)

AHuxley (892839) | more than 3 years ago | (#34443224)

Many old pics of other http://cryptome.org/eyeball/nytel/nytel-eyeball.htm [cryptome.org] NY telco hubs ect.
As for Project Express and High Frequency Trading http://arstechnica.com/tech-policy/news/2010/09/first-nyclondon-cable-in-a-decade-promises-sub-60ms-latency.ars [arstechnica.com] the map shows a 111 8th avenue hibernia network connection.
Somone can do a lot in the 5ms before the closest competitor gets to see the same data :)
Add in the http://en.wikipedia.org/wiki/Room_641A [wikipedia.org] like splitters and you have a wonderful place to set up in with old friends.

Re:$1.900.000.000 for a building (1)

WrongSizeGlass (838941) | more than 3 years ago | (#34442962)

It's a former bus terminal so the floors in that building are very tall. You're getting a lot of vertical space along with those 2.9 million square feet.

Re:$1.900.000.000 for a building (3, Informative)

Anonymous Coward | more than 3 years ago | (#34443044)

It's a former bus terminal so the floors in that building are very tall.

It actually used to be a Port Authority freight warehouse - not a bus terminal. Freight was transported to it via sub-street-level canals which was loaded onto trucks and driven around the floors for deposit. If look at the walls of any of the airshafts you could notice that the floors are over a foot thick of steel-reinforced concrete. It's a tank of a building.

Re:$1.900.000.000 for a building (2)

alphatel (1450715) | more than 3 years ago | (#34443260)

111 Eighth also has a truck freight elevator, large enough to handle the largest step van . Tons of interconnected fiber throughout, meet-me-rooms every other floor, and just about every huge tele-media provider you can think of (Level 3, TelX, DRT, Deutch), once even Enron had an office back in the day.

Re:$1.900.000.000 for a building (1)

Anonymous Coward | more than 3 years ago | (#34444358)

That building is amazing. It covers a full city block. As I recall, the elevators and hallways can handle a 40' truck trailer.

Re:$1.900.000.000 for a building (1)

LynnwoodRooster (966895) | more than 3 years ago | (#34443216)

Go price commercial or residential real estate in downtown Shanghai; it's more expensive than this price. Remember the saying in real estate: Location, Location, Location. This is a very desirable location in NYC - you're going to pay top-dollar for it, even in a real estate dip.

Re:$1.900.000.000 for a building (1)

JWSmythe (446288) | more than 3 years ago | (#34444562)

    There was a news story from September, that said they were trying to unload the building. It could have gone for anything. It was in Google's (and our) best interest, that it remain a carrier hotel.

Re:$1.900.000.000 for a building (1)

DaveGod (703167) | more than 3 years ago | (#34443392)

Investment appraisal on the back of a napkin, in a rush (family are over) so apologies for mistakes:

Initial investment: $1,900m;

Assume required rate of return (profit): 15%;

Assume 25 years of steady cash inflows;

Assume residual value of building $500m after the 25 years;

All figures before inflation (this is same as assuming cash flows move in line with inflation, so they net off).

The 15% IRR is probably a bit low for Google, but then this is probably a relatively safe investment. 25 years is probably a bit of a long period for Google but a shorter period would probably be more or less offset by increased NPV of the building. After 25 years the discount factor is so high that the value of the building hardly matters.

This suggests the required annual cash inflows (roughly, annual "profit") therefore are of about $292m. Given the 2.9m sq ft so they need to make $101 "profit" per sq ft, per year? I think they have bought a business based around the building, rather than just a building.

Re:$1.900.000.000 for a building (0)

Anonymous Coward | more than 3 years ago | (#34443848)

People in top management probably want an excuse to live in New York City.

Re:$1.900.000.000 for a building (1)

andoman2000 (1755610) | more than 3 years ago | (#34444188)

Yeah I'm sure all of those NYC taxes are a big selling point

Awesome font. (1)

Nailer235 (1822054) | more than 3 years ago | (#34442916)

Black on slightly-less black is so easy to read.

It's just a problem with Safari. (0)

Anonymous Coward | more than 3 years ago | (#34442956)

You must be using Safari. When I view the page in Firefox, it is black text on a white background.

Re:It's just a problem with Safari. (1)

biryokumaru (822262) | more than 3 years ago | (#34443040)

Mac users seem to like to point out that Chrome is little more than a Google-branded Safari, but it seems to work fine on Chrome, too.

Re:It's just a problem with Safari. (1)

tebee (1280900) | more than 3 years ago | (#34443394)

The linked article http://www.datacenterknowledge.com/archives/2010/09/14/111-8th-avenue-carrier-hotel-is-for-sale/ [datacenterknowledge.com] ends up as dark gray on black in Chrome though .

(Guess who actually RTA?)

Re:It's just a problem with Safari. (1)

biryokumaru (822262) | more than 3 years ago | (#34443416)

Um, no it doesn't [imagehost.org] ... Do you not have automatic updates on or something?

Re:It's just a problem with Safari. (1)

AvitarX (172628) | more than 3 years ago | (#34443526)

not in Chrome 7

Re:It's just a problem with Safari. (1)

edumacator (910819) | more than 3 years ago | (#34443548)

Only had a gray backgrond for me on Chrome when I turned off images. Bad coding practice maybe, but that seems to be the issue.

Re:It's just a problem with Safari. (1)

tebee (1280900) | more than 3 years ago | (#34443656)

Having followed my own link and gone back to the page it worked as I presume it should and gave me black text on a white background.

I'm on the latest Chrome dev build (9.0.597.0) and I've not got images turned off.

I don't understand,why are some of us seeing these pages wrong sometimes - is it crappy css?

Re:Awesome font. (1)

The End Of Days (1243248) | more than 3 years ago | (#34444010)

Hmmm, I thought it was slightly darker black on black. I should get my eyes checked.

Check Your Brain (Alice in Chains) you stalker (-1)

Anonymous Coward | more than 3 years ago | (#34452732)

http://tech.slashdot.org/comments.pl?sid=1891254&cid=34413838 [slashdot.org] TheEndOfDays likes stalking and trolling others (as well as starting it up as shown right there)? I like how he was put into his rightful place here in the end http://tech.slashdot.org/comments.pl?sid=1891254&cid=34418274 [slashdot.org] where TheEndOfDays ran like the trolling little coward he really is, unable to back up his trolling and stalking crap. TheEndofDays, it seems that You like starting up hassles, but in the end, you always "eat it", LMAO. Why else did you run like the cowardly little stalking troll you are then? You have no good reasons, but letting you expose yourself for it, now, via the URL above I just put up? That is priceless. As my subject line above says "Check your Brain" per Alice in Chains, rather than your eyes. Our eyes have seen how you like starting up crap and running like the cowardly little know-nothing troll you are.

not 100% (2)

alphatel (1450715) | more than 3 years ago | (#34442938)

And the deal still left a portion of the ownership in the original investors' hands, so Google only bought about 89% of the building.

Better pic (2)

nnxion (964168) | more than 3 years ago | (#34442958)

Bigger view of the building [wikimedia.org] built by the Port Authority of New York and New Jersey [wikipedia.org]

Re:Better pic (1)

Teun (17872) | more than 3 years ago | (#34443056)

Ha there's a Starbucks, at least on the next floor you get free wifi!

Cash or low-return Google stock (2)

WikiChris (1664907) | more than 3 years ago | (#34442972)

I haven't read the details about this deal but some of these numbers are big because they buy things with their own Google company shares/stock which I believe are valued considerably above their yield. Google shares/stock are many multiple times higher in value than equivalent stocks with the same dividends/returns. That's why these figures are so massive...maybe? Is it a cash purchase? YouTube wasn't.

Only Americans have square feet! (-1, Troll)

Anonymous Coward | more than 3 years ago | (#34442978)

The rest of the world uses the metric_system. [wikipedia.org]

Re:Only Americans have square feet! (1)

wsxyz (543068) | more than 3 years ago | (#34443052)

So you say, but go buy an apartment in Seoul and see how they measure area there. (Not sq. m)

Re:Only Americans have square feet! (1)

aaarrrgggh (9205) | more than 3 years ago | (#34445522)

Or Hong Kong, London, and Singapore if I recall correctly. While the metric system has many advantages over Imperial, there are many places and industries where Imperial still reigns for borderline logical reasons.

Re:Only Americans have square feet! (1)

BlackHawk-666 (560896) | more than 3 years ago | (#34446248)

London is done in meters, or it was when I sold my flat there.

Re:Only Americans have square feet! (4, Funny)

biryokumaru (822262) | more than 3 years ago | (#34443084)

Well, the rest of the galaxy uses the period and wavelength of the emissions from hydrogen plasma at the critical density to define distance and time, built around a natural logarithm scale. Why don't you get with the times and use an actually universal unit of measure, pitiful human?

[Okay, i have no idea what would be a good basis, nor do I know about critical densities of hydrogen plasmas, but that seems a better standard than "the approximate length of an object that inaccurately measured a portion of a non-spherical planet based on the assumption it was a perfect sphere."]

Re:Only Americans have square feet! (1)

biryokumaru (822262) | more than 3 years ago | (#34443110)

Wait, that's not what the meter is anymore! Now it's:

The distance light travels in some ridiculously bizarre amount of time, assuming very specific stipulations about free space and gravity, which just so happens to coincide with the approximate length of an object that inaccurately measured a portion of a non-spherical planet based on the assumption that it was a perfect sphere.

Re:Only Americans have square feet! (0)

Anonymous Coward | more than 3 years ago | (#34444554)

So I guess that makes the definition of the foot:

A ridiculously bizarre portion of the distance light travels in some ridiculously bizarre amount of time, assuming very specific stipulations about free space and gravity (which just so happens to coincide with the approximate length of an object that inaccurately measured a portion of a non-spherical planet based on the assumption that it was a perfect sphere), which just so happens to approximately coincide with a non-power-of-ten multiple of an unit (the inch) defined by a non-power-of-ten multiple of another unit (the yard) which was previously defined as a ridiculously bizarre multiple of the approximate length travelled by an oscillating object in an inaccurately defined environment at a specific place of a particular planet, whose oscillations are defined as having a period equal to a (moderately bizarre) multiple of an unit (the second) defined at the time as a ridiculously bizarre multiple of the time the same particular planet takes to orbit around its sun.

(yeah, there probably are errors/imprecisions in this, looking that up that was a great lesson on units history though ;) )

Basically the imperial unit system has just become a bad wrapper with multiples to the metric system, so, I think I'll keep the SI units, which are based on definitions with reasonable assumptions given our current knowledge of the universe (except the kg for now, but that will be fixed), are fully compatible with their previous definitions for human-scale tasks (the "ridiculously bizarre" factors), and allow the use of 10^n for a lot of its subunits and aliases (metric tons vs. kg, litre vs. m^3, micron vs. m, etc.).

Re:Only Americans have square feet! (1)

biryokumaru (822262) | more than 3 years ago | (#34444666)

And I, as an American, will also keep my just-as-patently-absurd arbitrary measurement system for the same reason. Until there is a real universal system (including measurements for time! Why didn't SI fix our idiotic time system?) there's no reason to change to SI.

Re:Only Americans have square feet! (1)

davidgay (569650) | more than 3 years ago | (#34445034)

Why didn't SI fix our idiotic time system?

They tried (*). It didn't stick. You're welcome to try again, though (but less blood, please).

David Gay
*: not SI, the people who gave you the meter and the kilogram well before SI came along.

Re:Only Americans have square feet! (1)

Anonymous Coward | more than 3 years ago | (#34445882)

The SI unit of time is the second. Metric time hasn't taken off for a number of reasons, but the one that leaps to mind is that no matter how you define your units of time, the number of days in a year will never be a power of 10.

Re:Only Americans have square feet! (1)

biryokumaru (822262) | more than 3 years ago | (#34446916)

Why use powers of 10? It's a terrible base! A good system of units should not take convenience for humans into consideration at all.

Re:Only Americans have square feet! (0)

Anonymous Coward | more than 3 years ago | (#34449220)

Why use powers of 10? It's a terrible base! A good system of units should not take convenience for humans into consideration at all.

AI detected. Look, it's slightly harder for you to work on other bases, but for us it's much harder - most people don't even know there are other bases than 10.

Re:Only Americans have square feet! (1)

Reality Master 301 (1462839) | more than 3 years ago | (#34448722)

Yes, that does sound much sillier then, say, "the approximate length of an old kings foot".

Re:Only Americans have square feet! (0)

Anonymous Coward | more than 3 years ago | (#34451982)

Hyperfine structure of hydrogen?

Re:Only Americans have square feet! (1)

LynnwoodRooster (966895) | more than 3 years ago | (#34443208)

I'll make sure and demand my next purchase of Thai farmland be in square meters, rather than the Government-accepted rai [wikipedia.org] . And I'll make sure and get all dimensions of Japanese rooms only in meters, rather than tatami [wikipedia.org]

Solved their problems in the building (3, Interesting)

Anonymous Coward | more than 3 years ago | (#34443014)

Google is hated in that building by the other tenants and has gotten a bad reputation with the management, so buying the building solves both problems. Looks like nobody's going to be saying NO to Google over at the Old Port Authority Building anymore.

Re:Solved their problems in the building (1)

Teun (17872) | more than 3 years ago | (#34443078)

Are you going to tell us here or should we head over to wikileaks?

Re:Solved their problems in the building (1)

Anonymous Coward | more than 3 years ago | (#34443766)

I work in that building. Not for Google. I don't hate google.

However, there was a company wide email sent on Friday where someone put in bold BOOOOOOOOOGLE while mentioning this news.

Odds are we're leaving the building entirely in 2011

Hub "indexing" (-1)

Anonymous Coward | more than 3 years ago | (#34443018)

So they are going to be sniffing telecom hubs now days. Or i forget, it's "indexing" when google does it.

Re:Hub "indexing" (1)

Opportunist (166417) | more than 3 years ago | (#34443112)

And it's "protecting your freedom" if the government does it.

Funny how quickly English is turning into a language where the actor inflects the verb. And a lot more than in most other languages I know. Depending on the actor, you could even think it comes from a completely different root...

Re:Hub "indexing" (2)

siride (974284) | more than 3 years ago | (#34443500)

"actor inflects the verb" -- what does this even mean? Do you understand any of the terms you are using? I still vaguely get your point, but it's a dumb one and so is your faux-linguistic explanation of it.

5000 euros/m2 (3, Informative)

ogrizzo (23524) | more than 3 years ago | (#34443066)

For those using sensible units: 6800 USD/m2 or 5000 EUR/m2

Re:5000 euros/m2 (1)

LaRainette (1739938) | more than 3 years ago | (#34443334)

That's very very very cheap !
I mean there is no way you could buy ANY piece of real estate for less than 10 000 euros/m2 in Paris.

Re:5000 euros/m2 (0)

Anonymous Coward | more than 3 years ago | (#34444182)

It's cheap because it's wrong.

Type "1.9 billion dollars / 500000 square feet in euros per m^2" into Google.

Google calculator answer: 30 958.8704 Euros per (m^2)

Re:5000 euros/m2 (1)

Stellian (673475) | more than 3 years ago | (#34444460)

The original poster had it almost right. The building has 3 million sq feet, and Google owns 89%. Price tag: 5797 Eur / m

How does putting salesperson in a datacenter help? (-1)

Anonymous Coward | more than 3 years ago | (#34443104)

Account Manager: your advertising fee is overdue.

Dave (Tenant on xth floor): Sorry, but I thought we had cancelled some of the xwords because we already topped the search results.

Account Manager: I'm afraid I can't let you do that, Dave.

(Account Manager went to the floor below and pulled the plug.)

In the Absence of Facts (1)

AmberBlackCat (829689) | more than 3 years ago | (#34443206)

My first thought was it must involve high frequency trading.

Re:In the Absence of Facts (1)

digitalsushi (137809) | more than 3 years ago | (#34443246)

way too far from wall street. speed of light counts.

Re:In the Absence of Facts (0)

Anonymous Coward | more than 3 years ago | (#34444266)

Not true. Many quant firms are hosted in 111 8th.

Why? (1)

Animats (122034) | more than 3 years ago | (#34443568)

That's puzzling. Why would Google need high-cost data center space in NYC? They're distributed enough that it doesn't matter. I could see Google buying an office building in Manhattan and filling it with advertising salespeople, but not much hardware needs to be there.

Even for Wall Street, many of the big data centers are elsewhere, usually in New Jersey.

Re:Why? (1)

ChienAndalu (1293930) | more than 3 years ago | (#34443726)

Maybe to be physically close to Wall Street computers.

Re:Why? (1)

pyite (140350) | more than 3 years ago | (#34444762)

Maybe to be physically close to Wall Street computers.

Which, as mentioned, are all in New Jersey.

ARCA: Weehawken, NJ (to be moved to Mahwah, NJ early next year)
NYSE: Mahwah, NJ
NASDAQ: Carteret, NJ
ISE: Jersey City, NJ (to be moved to Secaucus, NJ early next year)
Direct Edge: Secaucus, NJ
CBOE C2: Secaucus, NJ

111 8th is more important for the fiber going into it. It is the place you want to be if you're a telco.

Not all in Jersey (1)

RonVNX (55322) | more than 3 years ago | (#34445938)

Actually Wall St.'s computers are also gathered in Brooklyn.

Re:Why? (0)

Anonymous Coward | more than 3 years ago | (#34444162)

Google's NYC engineering office is based in 111 8th Avenue.

And we're hiring....

Re:Why? (0)

Anonymous Coward | more than 3 years ago | (#34445176)

Why do you think it's a data center? Everything I've read says it's an engineering / sales office, which means people work there, which means a good location is important.

Not just a big building, a block, in Manhattan (1)

rjejr (921275) | more than 3 years ago | (#34443636)

Google bought a building that takes up an entire square city block - 15th - 16th streets, 8th - 9th Ave, in Manhattan. For $1.9B they could probably just write the word GOOGLE in REALLY big letters wrapped around the side of the building (that's only 1 1/2 letters per side) and write it off from their advertising budget.

Interesting building (1)

Servo (9177) | more than 3 years ago | (#34444610)

Years ago my previous employer had equipment in two different datacenters in the building. Its more than real estate, or a massive datacenter. Its a very dense internet peering hub with datacenters and office space. I can definitely see this move as strategic, as it puts Google in the "middle" of all the different players.

I thank you for you7r time (-1)

Anonymous Coward | more than 3 years ago | (#34444648)

there are about 700 escape them by Distro is done Here OpenBSD, las the

What does Google need with a building? (1)

imgod2u (812837) | more than 3 years ago | (#34444692)

With almost all of its revenue coming from internet ads, what kind of sales team does Google need in Manhattan that warrants $1.9 billion?

Re:What does Google need with a building? (1)

JerseyTom (16722) | more than 3 years ago | (#34444842)

Those advertisements don't sell themselves. Google has a very large salesforce. Since NYC is the center of the universe for advertising (think "Madison Avenue") and magazine publishing (name just about any magazine) it is obvious that Google has a large salesforce there.

Google already rents a large part of that building and has been quoted as saying there are at leaset 2000 employees there. It's cheaper to own then rent.

Re:What does Google need with a building? (0)

Anonymous Coward | more than 3 years ago | (#34459638)

It's not really a sales office, it's a development office. Some programmers want to live in NYC, and Google wants to hire them. So Google has a development office in NYC. It's quite simple, really.

Lots of valuable tennants (1)

seabasstin (304888) | more than 3 years ago | (#34446888)

I just stopped working for Barnes&Noble.com and it was on the 9th floor of this building. BN is centralizing even more of the corporate into that building. Armani North America is in this building. Among other fancy upscale tenants. (all design and corporate for Armani, Armani exchange, etc. also freelanced there a while back) There are literally hundreds of big name companies there. its also a really culturally significant building for its New York history.

I worked in this building after WTC 9/11 attack. (4, Informative)

JakFrost (139885) | more than 3 years ago | (#34449376)

I used to work in this building after the World Trade Center 9/11 attack when my company lost their data center and had to rent a co-location space in one of the data centers there. This is a monstrous building that is the size of an entire New York City block. It is build like an ancient Babylonia pyramid with vertical walls and a pyramidal structure on the top floors. It is across the street from the Chelsea Market and one block north of Homestead Steakhouse. The actual entrance for IT geeks to the data center space of this building is in the back on 9th avenue, the office entrance is in the front and I never used that one.

I was bored one day I took a walk down the hallways of some of the floors and saw data center spaces for _all_ of the major telecom and Internet providers that I knew of and many that I didn't know even existed. Strangely some of the doors to these data centers were left open, I'm guessing because work was being performed there and I got a tour of some of these places. Miles and miles of conduits, cables, server cages, telecom equipment racks, server racks, backup units, power distribution units, massive uninterruptable power supplies, glycol-based water cooling pipes, and tons of galvanized steel green field conduits for power lines. This was also the first place where I saw companies replacing the problematic fingerprint based scanners for vain-pattern hand scanners to beef up security. I wish I had more time to check out this amazing building but I was so busy rebuilding our company's servers after WTC that I lived within 4-rows of racks for a few months.

I spent my Christmas and New Years that year rebuilding 250 Compaq ProLiant and ~100 IBM xSeries for my old company to get their infrastructure and application servers back up. I pretty much lived in that building for 3-months and I was lucky to be able to easily walk over to the 14th St & 8th Ave L-train stop to go home late at night or in the morning. It was an interesting experience and I wished that I spent more time there to learn about that goes on in this building.

If there was one place that I know of that is the hidden center of the Internet and Information in New York City I would think that this would be the building. Luckily it was build very solid and it is very nondescript so I think that it is pretty safe. There was a rumor that the FBI had their surveillance office across the street and they had floor space with network taps in that building to be connected to all the important information pathways in NYC.

Data Center Power Off Button Incident

This was also the place where the delivery guy who just finish dropping off more parts was walking out of the data center room and hit the red button on the wall, the door opened, and he walked out. Meanwhile all we heard was a very long and deep "ooooooooooooooooooooooommmmmmmmmmmmmmmmmmmmmmm" sound as every single piece of equipment turned off immedietelly after the Emergency Power Off button was pressed, including the magnetic locks on the door that the guy just walked out of. Surveilence tapes showed us what happened as we stood there in deafening silence and awe unable to comprehend what just happened. The next day there was a plastic box cover over that button.

Who ever though it was a good idea to put the silver door open button next to the red power off button should have been flogged on the spot.

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