Who says real estate isn't booming? It is if you're Taconic Investment Partners, Jamestown Properties and the New York State Common Retirement Fund. Google has just announced that they've purchased the former Port Authority Building at 111 Eighth Avenue, at a cost of $1.9 billion. That's a huge, huge amount of money, and it's clear that "Investing in New York" is exactly what Google is doing. Of course, Google has grown tremendously since it was founded. They're so much more than a search engine today. They
Source: http://hothardware.com/News/Google-Spends-19-Billion-To-Expand-New-York-Operations
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