Google buys NYC's Chelsea Market building for $2.4 bn

Google on Tuesday bought up New York's Chelsea Market for $2.4 billion, finalizing its acquisition of the emblematic retail and food hall that stands opposite the internet giant's current headquarters in the city. Google had already paid $1.7 billion for the building facing the market in 2010, which has 275,000 square metres of office floorspace. It already has offices in the Chelsea Market building -- built in 1913 by architect Albert G. Zimmerman as a factory for the Nabisco biscuit company -- which serve as offices for the Google-owned online company Youtube.

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