Facebook to lease office space in New York’s Hudson Yards

Facebook to lease office space in New York’s Hudson Yards

NEW YORK, NY – MARCH 11: People walk along the High Line Park in front of Hudson Yards at sunset on March 11, 2019 in New York City.

Gary Hershorn | Corbis News | Getty Images

Facebook has signed a lease at Hudson Yards for more than 1.5 million square feet of office space and plans to move into the new offices next year.

The lease includes office space across 30 floors and three buildings in the far West Side neighborhood, Hudson Yards announced Thursday. The lease includes 1.2 million square feet of space at the 1,000-foot-tall tower 50 Hudson Yards, 265,000 square feet in 30 Hudson Yards as well as 57,000 square feet in 55 Hudson Yards.

Facebook’s main office in Manhattan is near the Astor Place neighborhood, while its headquarters is located in Menlo Park, California. A Facebook spokesperson said the company has yet to determine how many employees and which teams will work out of the Hudson Yards office.

“When considering the next phase of our growth in the city, it was important that our newest office space was situated in the heart of a vibrant community that offered access to arts, culture, media and commerce,” John Tenanes, Facebook’s vice president of global facilities and real state, said in a statement. “Hudson Yards offered this and more, and we’re excited to expand our offices there starting in 2020.”

Facebook had been rumored to be exploring office space at Hudson Yards prior to Thursday’s announcement.

Facebook isn’t the only Silicon Valley company that has expanded its footprint in the city. Google is said to be nearing a deal to move into space at St. John’s Terminal in New York City’s West Village neighborhood. Earlier this year, Amazon reversed its plans to build a second headquarters in the Long Island City neighborhood of Queens after it faced community opposition. But Amazon has also said it will continue to hire for more positions in New York.

Hudson Yards officially opened its doors in March. The luxury and commercial real estate development includes several skyscrapers, a mega mall with a mix of brands and restaurants, a cultural center and a 150-foot-tall sculpture called “The Vessel.”

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