Business & Tech
Google Expands Its Chelsea Campus With Another Building
Google has scooped up another property in Chelsea.

CHELSEA, NY — Google has purchased yet another building in Chelsea, the company confirmed.
The tech behemoth purchased the Milk Building at 450 W. 15th St. from Jamestown Properties, Crain's New York Business first reported.
Financial Times reported Google agreed to pay $600 million for the property — one-hundred times the 1996 price.
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The Milk Building is connected to the Chelsea Market via a bridge — which is the other building Google owns after the company paid $2.4 billion for the entire building in March 2018.
The latest purchase adds to the company's list of properties in the neighborhood that it owns or rents, including Chelsea Market, Pier 57 in Hudson River Park, and a $1 billion campus into Hudson Square in Lower Manhattan, which the company announced in December.
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"This purchase will help us meet our short term growth needs in Chelsea-Meatpacking, the community we've called home for more than a decade, as we plan to double our presence in New York over the next ten years," Google spokesman William Floyd said in a statement. "We are excited by this investment and are committed to continuing to contribute to the vibrancy of this amazing neighborhood."
Crain's reported Google plans to take over three of the eight floors at the Milk Building.
Operations and support teams will relocate into the space by the end of this month, according to the company.
The tech giant currently has more than 8,000 employees in the city.
“We look forward to continuing to enhance our community as Google expands their urban campus in West Chelsea,” Michael Phillips, President of Jamestown, which previously owned the building, said in a statement.
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