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That's a really silly response.

They're paying 4% above average (and that's the 2016 average - prices may be higher in 2018). The average likely includes a range far greater than 4% depending on the properties involved.

Google is clearly not paying anything remotely describable as "shockingly high".



It's roughly the same price they paid for 111 8th Ave.


I’ll get more downvotes for this, but 4% when billions are involved is a shocking amount of money. In this case, that’s roughly $80 million - enough for Eric Schmidt to buy another G650.


> I’ll get more downvotes for this

Please edit bits like that out of your comments here, since they break the site guidelines.

https://news.ycombinator.com/newsguidelines.html


The same link I posted said the average increased 7% YOY. If that kept up in 2017, Google just paid below average. But hey, maybe you're a better negotiator than Google's team of real estate experts and lawyers.

$80M probably isn't even a shocking number to a company who made $12,660M profit last year.

Keep digging that hole, though.




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