Located in the Chelsea area of New York City 111 Eighth Avenue was built in 1932 as the Port Authority Commerce Building it is a NYC Landmark and it is the third-largest building in New York City with 2.8 million square feet. New York’s Google office was one of the largest tenants leasing 500,000 square feet over three flors. Along with Google many other large internet technology companies including Sprint, Barnes & Nobel, WebMD, Level 3, Nike, Qwest and many more. Their website has its own space here; http://www.111eighth.com. The 18-story Chelsea giant carries 2.9 million square feet of space and covers an entire city block which spans between 8th and 9th avenues from 15th and 16th streets. 
*Goggle’s Big Buy* the headline from the NY Post, the price is rumored to be $2 Billion Dollars.
Sources said Google officials are already searching the city’s top real-estate law firms for someone to represent them in the massive purchase.
As a former Port Authority of New York and New Jersey industrial property, 111 Eighth Avenue has numerous back-up generators, lots of electrical power, antennas, fiber optics and high-tech facilities available to tenants.
Google can afford this purchase, researching from DailyFinance.com quote
“the company is sitting on about $33 billion in cash and marketable securities.”

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