Google to Invest More Than $1 Billion to Expand NYC Campus

  • Search giant could bring thousands more jobs to the city
  • Investment comes as Amazon plans to unveil office in New York

An architect's illustration shows St. John's Terminal space at 550 Washington Street in New York.

Source: COOKFOX Architects

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Google will invest more than $1 billion to expand its New York City presence, the search giant said in a blog post Monday.

The Alphabet Inc. division said it had reached lease agreements at 315 and 345 Hudson St. and signed a letter of intent at 550 Washington St. to make up the new 1.7 million-square-foot (158,000-square-meter) campus, to be called Google Hudson Square.