Facebook to open design office near Madison Ave.

TRD New York /
Dec.December 05, 2012 01:00 PM

Social network mogul Mark Zuckerberg is continuing Facebook’s push into Silicon Alley with a new design office, the New York Post reported. The office will likely be near its current office at 335 Madison Avenue, between 43rd and 44th streets, the company said.

This is the first time Facebook will operate a design unit outside Silicon Valley and Facebook said that it plans to add local designers to its 150-person New York staff — although there is no word on how many hires the social media company will make.

“This team will work in advertising and closely collaborate with the Facebook sales team and many of their major clients to learn how to better meet their needs,” Facebook said in an e-mailed statement to the Post. “They’ll help businesses find better ways to communicate with their fans and build tools that help them understand how to optimize their spend on the Facebook advertising platform.”

As The Real Deal previously reported, Facebook’s flop on the stock exchange earlier this year helped to boost the perception that city real estate is safer way to invest. [NYP]Christopher Cameron

 

Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Gov. Andrew Cuomo with Judge Lawrence Marks and Judge Daniele Chinea (Getty, Linkedin, iStock)

Flip-flop on eviction ban extension highlights state’s chaotic response

Flip-flop on eviction ban extension highlights state’s chaotic response
A rendering of the Climate Solutions Center with Trust for Governors Island CEO Clare Newman and Mayor de Blasio (Rendering via WXY architecture + urban design/bloomimages; Governor's Island; Getty)

Going green: Governors Island could soon house climate center

Going green: Governors Island could soon house climate center
State Sens. Brian Kavanagh and Kevin Thomas (NY Gov; Getty; iStock)

“What would we discipline them for?”: Brokers deny discrimination at heated hearing

“What would we discipline them for?”: Brokers deny discrimination at heated hearing
 The Qualtrics Tower at 1201 2nd Avenue in Seattle with Hana Financial CEO Kim Jung-tai and Skanska USA CEO Richard Kennedy (Google Maps)

$700M Seattle office tower buy would be among largest Covid-era property deals

$700M Seattle office tower buy would be among largest Covid-era property deals
Nelson Rockefeller and 812 Fifth Avenue Photos via Getty; StreetEasy; Google Maps)

Fifth Ave co-op owned by Rockefeller family hits market

Fifth Ave co-op owned by Rockefeller family hits market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...