Google Purchases Its First Home
noparkingzone writes "ZDnet is reporting that Google has purchased the garage that the company first called home for an undisclosed sum. The Menlo Park structure was owned by a friend of one of Brin's girlfriends. Leased to Serge and Brin by Susan Wojcicki for around $1,700 per month in 1998, the original Googleplex is intended to be preserved as part of the company's living history."
OK, in the past few weeks we've learned that Google's founders got into a catfight over a luxury airplane, let their employees do whatever the fuck they want during work hours (Wizards of the Coast style?) and are concentrating on cementing their "early" history. I'm not a shareholder, but if I was, I'd clicking the "Sell" button as fast and often as I could...
You're right. In New York, you'd be lucky to get a garage for $2,500.
"$1700 seems steep, even for today's standards."
The simple explanation is that a.) It was being used for business and b.) They were being generous to help out a friend.
I did a quick search of office space rentals in Cali and a 500 sq. ft. space was roughly $1,750. They might have been getting a deal. (Hot tub, etc...) I didn't actually search in the area that they were in (all those stupid sites require registration.) so really my suggestion is merely a theory.
"I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)
smh.com.au has a picture of the garage. http://www.smh.com.au/news/web/google-buys-garage- with-a-history/2006/10/02/1159641250919.html