US Markets

Facebook signs lease for office space in Hudson Yards

Credit: REUTERS/Stephen Lam

Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday.

Nov 14 (Reuters) - Facebook Inc FB.O signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday.

Hudson Yards is a $25 billion complex of commercial and residential skyscrapers built on Manhattan's far west side above the rail yards.

The deal includes about 1.2 million square feet in 50 Hudson Yards, about 265,000 square feet in 30 Hudson Yards and about 57,000 square feet in 55 Hudson Yards, the statement added.

"We're excited to expand our offices there starting in 2020", said John Tenanes, vice president of Facebook's global facilities and real estate.

Facebook did not immediately respond to a Reuters request for comment.

(Reporting by Ayanti Bera in Bengaluru; Editing by Anil D'Silva)

((Ayanti.Bera@thomsonreuters.com; within U.S.+1 646 223 8780, outside U.S. +91 80 6749 0341;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest US Markets Videos

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More