Google drops $2B for NYC landmark

Google is buying New York City landmark Chelsea Market for a cool $2 billion, The Real Deal reports. The tech company already leases 400,000 square feet, making it the building's largest tenant: Other businesses in the building include the Food Network and Major League baseball, as well as a bustling and popular food hall. Google already has a significant real estate footprint in Chelsea: When the company bought its current New York City headquarters in 2010, it paid a then-record $1.77 billion, Business Insider reports. Google's purchase is one of a number of moves by Silicon Valley giants into big cities, including Apple on Chicago's waterfront and Amazon's much anticipated second headquarters Quartz says.

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