From left: Paul Darrah, John H. Banks/ photo credit: Ed Lederman
NEW YORK CITY—Paul Darrah, director of real estate NYC at Google, formerly was an architect before Michael Bloomberg tapped him to head real estate for Bloomberg LP. So, he has been around the block in navigating the city's real estate terrain. Speaking with the Real Estate Board of New York's president John H. Banks, at the association's members spring luncheon, Darrah emphasized that any companies coming into New York should ask how they impact the community where they are residing.
“For us, since we started our New York presence, we have partnered with the local community. We have partnered with local officials. We have contributed in significant ways to the local community. That's how we have grown, matured and developed our presence in New York,” said Darrah. “I think it's a good strategy and it has been good for us.”
Google is growing in New York City at a rate of 1,400 people per year. They are now at 7,000 employees. He listed the talent pool, diversity and innovation as what attracts Google to the city. Next to Mountain View, CA, Manhattan is the search engine giant's largest location.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
