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Google Plans Large New York City Expansion

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Re: Google Plans Large New York City Expansion

#41

Post by claydavisss »

taurath wrote: post #4

This coupled with the Amazon news is starting to get distressing. With the amount of companies that copycat them it’s like the rich are getting richer and the economic benefits are still going to be concentrated only in the most affluent cities. The rest of the country desperately needs real industry and good paying jobs - and will go to huge lengths to try to get them but it appears nobody can come up with a busines…

95% of Googlers in NYC will be lifetime renters just like they are in the Bay Area. Hardly the gilded class

Re: Google Plans Large New York City Expansion

#42

Post by gct »

latencyloser wrote: post #20
lordCarbonFiber wrote: post #9

Earlier quoted context omitted.

You'd definitely have to boost them. I feel like it's always grossly understated in these sorts of threads just how much better quality of life is in a dense city like NYC. Access to culture, to food, to public transportation, to other job opportunities is hard to put a dollar amount on. There's a reason so many people moves to places like NYC and not isolated towns in the midwest.

Personally, I have the opposite opinion. I took a pay cut to leave Seattle ( I lived in Chicago before that, I've lived in dense metro areas for many, many years now) so I could go live in a smaller town. I can actually afford a house. My dog has a yard to play in. I haven't been mugged since I left! No one uses my doorstep as a bathroom. My neighbors actually come say hi to me and are invested in forming relationshi…

There's dozens of us!

Re: Google Plans Large New York City Expansion

#43

Post by akhilcacharya »

yesforwhat wrote: post #23
vikinghckr wrote: post #3

If it's going to make NYC a major engineering hub, on a similar scale as Mountain View, then it's a huge deal. If it's going to be mainly non-technical roles, then meh.

If NYC becomes a monoculture like SV than it truly is a big deal.

NYC is not going to become a monoculture because of an expansion of a company that already has a large presence in the city.

Furthermore, the bizarre obsession with city “culture” is completely beyond me and has lead to some pretty regressive housing policies.

Re: Google Plans Large New York City Expansion

#44

Post by vikinghckr »

claydavisss wrote: post #33

Counterpoint: these jobs are increasingly meh and will not be impactful on the local economy. Lifetime comp (salary + retirement benefits) for Amazonians in Crystal City will probably be less than for comparable Federal workers. Google is like any other white collar business now - a small cadre of well paid execs surrounded by an army of people just doing ok. 80% of Googlers in NYC will probably have lower lifetime e…

> 80% of Googlers in NYC will probably have lower lifetime earnings than firefighters or cops once you factor in pensions

No way. How much do you think Google entry level fresh graduate engineers earn in total compensation?

Re: Google Plans Large New York City Expansion

#46

Post by zjaffee »

yesforwhat wrote: post #23
vikinghckr wrote: post #3

If it's going to make NYC a major engineering hub, on a similar scale as Mountain View, then it's a huge deal. If it's going to be mainly non-technical roles, then meh.

If NYC becomes a monoculture like SV than it truly is a big deal.

NYC is arguably the largest global center for the entire services sector/post industrial economy. It can become a tech hub far larger what exists today in the bay area, and still not become a monoculture. The only monocultural aspect that happens to exist in NYC is that it's an incredibly expensive place full of very ambitious and financially successful people (400,000 millionaires live in manhattan alone).

Re: Google Plans Large New York City Expansion

#47

Post by claydavisss »

akhilcacharya wrote: post #39
claydavisss wrote: post #33

Counterpoint: these jobs are increasingly meh and will not be impactful on the local economy. Lifetime comp (salary + retirement benefits) for Amazonians in Crystal City will probably be less than for comparable Federal workers. Google is like any other white collar business now - a small cadre of well paid execs surrounded by an army of people just doing ok. 80% of Googlers in NYC will probably have lower lifetime e…

How much do you think Google NYC or even Amazon engineers make?

How much do you think a firefighter pulls in AFTER retiring?

Most public employees with pensions will probably pull in well over a million after they retire and before they die.

Tech workers are still young as a group so pension envy is still not a thing....but will be

Run the numbers...tech jobs in a tier 1 real estate market isn't that great of a deal. Most likely a nice rental and a slightly underfunded 401k

And don't forget tech is like Logan's Run...have fun looking for work at 50 (when most public employees have started their retirement countdown)

Re: Google Plans Large New York City Expansion

#48

Post by saganus »

vonmoltke wrote: post #26
mathattack wrote: post #24

This should be good for engineering salaries in general in NYC.

Given Google's penchant for lowballing people without FANG experience or competing offers, probably not.

Do you have any references for this?

It definitely seems plausible and matches my (very limited) experience with a few friends that have joined Google, but I was wondering if you have any links.

I guess you would have to accept joining with a lower salary, and then try to switch to another FANG company to get a fair salary?

Re: Google Plans Large New York City Expansion

#49

Post by zjaffee »

latencyloser wrote: post #20
lordCarbonFiber wrote: post #9

Earlier quoted context omitted.

You'd definitely have to boost them. I feel like it's always grossly understated in these sorts of threads just how much better quality of life is in a dense city like NYC. Access to culture, to food, to public transportation, to other job opportunities is hard to put a dollar amount on. There's a reason so many people moves to places like NYC and not isolated towns in the midwest.

Personally, I have the opposite opinion. I took a pay cut to leave Seattle ( I lived in Chicago before that, I've lived in dense metro areas for many, many years now) so I could go live in a smaller town. I can actually afford a house. My dog has a yard to play in. I haven't been mugged since I left! No one uses my doorstep as a bathroom. My neighbors actually come say hi to me and are invested in forming relationshi…

One thing to point out about the NYC metro area is that there is a ton of land surrounding it with reasonably priced homes in safe areas with less than a 45 minute commute by public transit, where in the Bay Area and Seattle, the waterways are far larger, and transportation options more restricted. Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office.

Re: Google Plans Large New York City Expansion

#50

Post by zjaffee »

hnmcQIOoQUDv wrote: post #40
zjaffee wrote: post #36

Earlier quoted context omitted.

There is more demand for working in NYC than is currently met by existing tech offices, that simply isn't the case in other metro areas. The real problem is that Google is choosing to expand in the neighborhood they are currently in, where the same applies to Amazon should the Long Island City rumors be true. Regional transportation infrastructure already prioritizes midtown and the financial district, and there are…

St John's Terminal really isn't the same neighborhood as Chelsea Market. It's little over a mile to the south.

I must've overlooked that part, that doesn't seem too bad actually given that it's about a half mile from the christopher street path stop.
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