Google Goes to the Market...Chelsea Market That Is
Your Future Home hosts Baker Machado and Hope King discuss the latest news in real estate, interior design and home buying!
Google's parent company Alphabet is close to purchasing the New York City Chelsea Market building for over $2 billion. According to a report from The Real Deal, the tech giant will acquire the 1.2 million square foot office and retail property from Jamestown in about two months.
Plus, in an effort to attract more tenants, some commercial real estate developers are turning to wood as their go-to material for building. Over the past decade more architects, engineers, and developers have explored the use of engineered timber products because of its appeal in creating a warm environment by connecting employees to nature.
Cloud contact center software company Five9's shareholders voted against the $14.7 billion all-stock acquisition deal from Zoom. A return to offices and in-person meetings have been cited for at least some of the reasons the deal ultimately fell through.
Autonomous car companies Waymo and Cruise are one step closer to offering driverless ridesharing in California after receiving approval from the state's DMV to begin charging fees for their services. Both companies still need approval from the California Public Utilities Commission before offering rides to the public.
Honda is looking to get more futuristic. The automaker announced a $45 billion, six-year investment into developing rockets, robots, and flying cars, noting that these areas of R&D are extensions of their core business.
The FAA has completed its investigation of Virgin Galactic’s Unity 22 test flight on July 12 after the aircraft flew out of protected airspace on its descent back to Earth. Virgin Galactic has been given the green light to resume flights but must request a larger share of protected airspace for future missions.
