Real Estate
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Google to ink massive lease deal with Related

Google’s long-in-coming lease with Related Cos. for a whopping 360,000 square feet at 85 Tenth Ave. is “a done deal,” real estate sources told The Post.

Although the lease is not yet officially signed, a real estate insider on Monday called it “imminent.”

Although Related declined to confirm it was done, the Larry Page-led tech giant is already listed as a tenant at 85 Tenth Ave. by several online databases.

Negotiations between the Mountain View, Calif., company and the landlord, first reported by The Post last October, have largely gone silent since the fall.

Space-insatiable Google already occupies much of nearby, 3 million square-foot 111 Eighth Ave., which it bought for nearly $2 billion in 2010. It also leases more than 300,000 square feet in Jamestown-owned Chelsea Market, which stands between 118 Eighth and 85 Tenth.

But the fast-growing tech giant — now the third-most valuable company in the US, behind just Apple and ExxonMobil — needs even more room to accommodate its relentless expansion. It has been stymied trying to buy tenants such as Nike out of leases at 111 Eighth.

The 540,000 square-foot 85 Tenth Ave., the former Nabisco factory, is home to restaurants Del Posto and Colicchio & Sons.

The deal there makes a virtual Google Row out of three huge, modernized old buildings between Eighth and Eleventh avenues and between West 15th and 16th streets — 111 Eighth Ave., 75 Ninth Ave. (Chelsea Market), and now, 85 Tenth.