Google is buying an office in downtown New York for $2.1 billion (€1.8 billion),

The Wall Street Journal

reports

.

Although the internet giant will let its employees choose whether they want to work from home or in the office after the corona crisis, according to the company, there is still demand among the staff for extra office space.

It is the most expensive purchase of an office building since the start of the corona pandemic.

Google has been renting the 120,000-square-foot building for some time, but also has an option to buy it.

The company would like to use that option early next year.

The building is a former warehouse for freight trains.

Google has been allowing its employees to work from home since April last year and recently announced that they will be allowed to come back to the office in January.

From then on, employees can choose whether they work from home or at the office.

Still, Google thinks it is useful to buy an extra office building.

"We know our employees need to work together to be truly happy and productive," a Google spokesperson told

The Wall Street Journal

.

"And because of that need for collaboration, we are investing more in office space."

The former warehouse is now being renovated and will be completed in mid-2023.

Like other large tech companies such as Apple and Facebook, Google has been a major buyer of office buildings for several years now.

That is good news for many cities, because it means better paid residents and more tax revenues.

At the same time, the arrival of tech companies is pushing house prices in many cities.

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