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They should move to Manhattan, where I live. Google already owns the third largest building with 2,800,000 sq feet. With our fantastic subway system, whatever
by davidf18 12y ago
They should move to Manhattan, where I live. Google already owns the third largest building with 2,800,000 sq feet. With our fantastic subway system, whatever they would rent/build would be a far, far, greener and environmental solution than have 20,000 employees commute by car (or the controversial Google Bus).
BTW, the old World Trace Center Towers 1 and 2 held 50,000 employees.
The reason for the increasing price of housing has to do with overly restrictive zoning codes and not the demand. The zoning creates artificial scarcity and it is the scarcity and the increasing costs of land that results that is the cause for increasing home prices. Using politics to create artificial scarcity through this "rent seeking" is a means of taking wealth from others as opposed to wealth creation which benefits all.
In an efficient market, there would not be the zoning code restrictions that limit housing density (see Harvard Economist Edward Glaeser's writings for more info).
- virtuallynathan 12y agoYea, 111 8th Ave, most of which (afaik) is a datacenter. They've been kicking out the datacenter tenants when their leases end.
- jedc 12y ago> most of which (afaik) is a datacenter Ha! Nope. While there has been some datacenter space in the building, the vast majority is office space. (It's way cheaper to build data centers in Iowa and the Carolinas than in Manhattan!) Google has been taking over more and more office space as leases end, though. It makes for quite a confusing office map to get from floor to floor. (Lots of partial office floors don't connect well to other partial office floors.)