When Silicon Valley Takes Manhattan
Big Tech’s influence on Manhattan real estate is often talked about in broad terms. But if you look closely at the city’s office market today, the story becomes much more concrete. A relatively small group of global companies, most of them headquartered far from New York, now occupy some of the largest and newest office buildings in the city. Google's North American Corporate Headquarters in Hudson Square Companies like Google, Meta, Amazon, Apple, Disney, IBM, Microsoft, Salesforce and Deloitte are all headquartered elsewhere, yet they now control millions of square feet of office space in Manhattan. For anyone who follows New York real estate, the interesting part isn’t just that these companies are here. It’s where they chose to land. Chelsea: Google’s original Manhattan foothold The modern tech wave in Manhattan arguably started in Chelsea. Google made its first major move in the neighborhood when it bought the enormous 111 Eighth Avenue building. The Art Deco structure occupi...