Google plans to invest $1 billion to build new offices in New York

Google has revealed its plans to invest $1 billion to construct new offices in New York. This announcement comes from the company after both Apple and Amazon made public about there expansion projects.

In a company's blog posting, Google Vice President and Chief Financial Officer Ruth Porat said that the name of the new campus would be Google Hudson Square that will occupy 158,000 sq metres (1.7 million sq feet). As per, EFE news report on Tuesday, this new campus will be located between Soho and Greenwich Village neighbourhoods of Manhattan.

With The Wall Street Journal interview, the Google director of public policy and government relations, William Floyd, said that his company's talk about raising its payroll in New York over the next 10 years by another 7,000 employees is a "conservative estimate."

"New York City continues to be a great source of diverse, world-class talent - that's what brought Google to the city in 2000 and that's what keeps us here," Porat said.

Google with its headquarters in Mountain View, California has joined with the likes of Amazon and Apple that had recently announced their expansion plans in New York.