Jim Breyer of Accel Partners and 111 Eighth Avenue
Venture capital firm Accel Partners is setting up shop on the 16th floor of 111 Eighth Avenue, the Chelsea building former tech startup Google bought for $1.8 billion last year, the New York Post reported. The space is the technology investment firm’s permanent New York City headquarters when conducting business with the city’s growing tech scene, largely centered on the area between Union Square and the Flatiron District dubbed “Silicon Alley.” The office will be headed by Jim Breyer, a lead investor in Facebook, and a member of the board of directors of Walmart and Dell. [Post, 2nd item]