Spotify mulling move to World Trade Center

Company has been on the look for 300K to 350K sf

TRD New York /
Nov.November 19, 2016 04:00 PM
From left: Four World Trade Center and One World Trade Center

From left: Four World Trade Center and One World Trade Center

Spotify is reportedly in talks for space at One World Trade Center and Four World Trade Center.
The Swedish-based music-streaming app has been on the look for 300,000 to 350,000 square feet in New York City, The Real Deal reported in September. Now, a team of JLL brokers is negotiating on behalf of Spotify for space at Four World Trade Center and One World Trade Center, the New York Post.

The latter has 435,641 square feet available on the full 65th to 75th floors. The building also has 69,157 square feet available on the 87th and 88th floors. Four World Trade Center has nearly 500,000 square feet available. Condé Nast is the building’s largest tenant.

Spotify, which currently occupies 140,000 square feet at RXR Realty’s 620 Sixth Avenue, is planning an initial public offering in the second half of 2017. The company was valued at $8 billion in March. [NYP]Kathryn Brenzel

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