Maybe “Silicon Alley” can actually be a thing now.
Tech companies have been loading up on New York real estate and it’s starting to add up.
Number of square feet at 111 Eighth Avenue, which Google bought in the largest single building sale in the country last year: 2.9 million square feet. AOL’s lease at 770 Broadway: 228,207 square feet. Number of square feet Facebook could expand into at 335 Madison, if it wanted to: 150,000.
The Real Deal has a tech real estate infographic with some choice numbers about dot-com companies in 2010 and 10 years ago, during the first tech bubble. Let the second Great Tech Land Grab begin.
ajeffries [at] observer.com | @adrjeffries