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


Related Article

arrow_forward_ios
Steve Croman and 566 Hudson Street (Credit: Google Maps, iStock)

Steve Croman sued over illegally deregulating apartments

Census tract 135 and Stellar Management's Larry Gluck (Credit: Getty Images and Stellar Management)

How a small stretch of land on the Far West Side became an Opportunity Zone

Crowdfunding platform launches $20M Opportunity Zone fund

Mark your calendars: These are NYC’s top real estate events next week

Alex Rodriguez, slugger-turned-investor, nears multifamily fundraise goal

Steve Schwarzman questions WeWork’s valuation, the state is coming for LLCs: Daily digest

Real estate stocks dip slightly amid Fed Rate cut, housing starts data

When Bill de Blasio announced the end of his campaign, the industry reacted largely with relief but not surprise (Credit: Getty Images and Pixabay)

De Blasio’s campaign is dead, and real estate is happy

arrow_forward_ios