Google growth helps turn NYC into tech hub

Google office
NYC's signature yellow cabs zoom by Google's office. Photo: Tim Clayton / Corbis via Getty Images

"Google is reportedly close to reaching a $2.4 billion deal to add a landmark Meatpacking District building to its already substantial New York campus," AP's Karen Matthews reports.

Why it matters: "[I]t would be among the priciest real estate transactions for a single building in city history. It would also give Google a remarkable Manhattan campus to supplement its still-growing main headquarters in Mountain View, Calif."