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Google Spending More Than $2 Billion on New York City Office Real Estate

Matthew Frankel, CFP, The Motley Fool
·3-min read

Well, none of us here at Millionacres have a crystal ball that can predict the future (at least, I certainly don't), but tech giant Google [Alphabet] (NASDAQ: GOOG) (NASDAQ: GOOGL) just gave us a pretty big -- and optimistic -- clue. Alphabet CFO Ruth Porat recently announced that Google has committed to spend $2.1 billion to purchase the St. John's Terminal property in Manhattan, which will anchor the company's new Hudson Square campus.

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