Google's New York sublets could spell layoffs As recently as a year ago, Google was scrambling to get more office space in New York's Chelsea neighborhood . Now, just as swiftly, it's trying to offload it , putting 50,000 square feet up for sublet. The company has cut back on snacks in New York , as elsewhere — but real estate is a far more serious thing to trim. With less room for warm bodies, it suggests Google will soon be shedding staff.