Google's New York investment is still ongoing. The search engine giant company announced its play in the city recently, with an investment plan of around $250 million before 2021 ends. 

Google's New York Investment Continues as Company Announces $2.1 Billion Plan Re-Opening of St. John's Terminal
(Photo : Photo by Drew Angerer/Getty Images)

However, it seems like Google would spend more than just millions of dollars. The giant tech manufacturer said that it would purchase the St. John's Terminal site, located at 550 Washington St. 

The infrastructure acquisition is expected to cost $2.1 billion dollars, which was confirmed this Tuesday, Sept. 21. Google said that it is already leasing the venue, saying that it would exercise an option to buy the terminal building. 

In its blog post, the search engine provider explained that the upcoming acquisition would serve as the anchor of its business in New York City. 

Google To Re-Open NYC's St. John's Terminal 

According to CNBC's latest report, Google's upcoming St. John's Terminal building acquisition would allow the area to reopen. However, New Yorkers would still have to wait for around 2023. 

Google's New York Investment Continues as Company Announces $2.1 Billion Plan Re-Opening of St. John's Terminal
(Photo : Photo by Leon Neal/Getty Images)
LONDON, ENGLAND - AUGUST 09: In this photo illustration, The Google logo is projected onto a man on August 09, 2017 in London, England. Founded in 1995 by Sergey Brin and Larry Page, Google now makes hundreds of products used by billions of people across the globe, from YouTube and Android to Smartbox and Google Search. 

Also Read: Google TV Adds Crunchyroll's Anime Library | Finally Fully Integrated

Some critics explained that this is an excellent innovation from Google, especially since the ongoing pandemic is still affecting its own business and those of other companies. 

As of the moment, Google is not planning to allow its employees to go back to offices until January. The company's CEO Sundar Pichai said that he expects 20% of his staff t continue conducting remote work and telecommuting. 

This means that less than half of Google's overall employees would still work in their houses. Aside from its NYC sector, Google is also improving some of its products. 

These include the new Google 3,900-miles Grace Hopper Subsea Cable. On the other hand, it is also expected to release the latest Google Pixel 6 Pro.  

Other Projects of Google

Aside from its New York investment, Forbes also reported that Google is considering relying on legal hackers to improve its system and other products. 

This is quite similar to Apple since Google also announced that its new Bug Bounty Program would also offer cash rewards for individuals who can discover alarming bugs and other vulnerabilities. 

Facebook also joins the giant search engine in spreading the campaign "Hacking is NOT a Crime." 

For more news updates about Google and its latest inventions, always keep your tabs open here at TechTimes.  

Related Article: Google Pay Adds International New Banks in 9 Countries and User-to-User Transfers in Singapore

This article is owned by TechTimes

Written by: Griffin Davis

ⓒ 2021 TECHTIMES.com All rights reserved. Do not reproduce without permission.