It’s official: Facebook is taking 1.5M sf in Hudson Yards

Tech giant will take space in 30, 50 and 55 Hudson Yards

New York /
Nov.November 14, 2019 01:50 PM
Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images)

Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images)

Facebook has officially inked its long-rumored lease at Hudson Yards.

The tech giant will take more than 1.5 million square feet of office space across three buildings and 30 floors of the development, landlords Related Companies and Oxford Properties Group announced on Thursday. This includes about 1.2 million square feet at 50 Hudson Yards, 265,000 square feet at 30 Hudson Yards and 57,000 square feet at 55 Hudson Yards.

“We’re excited to expand our offices there starting in 2020,” Facebook’s vice president for global facilities and real estate John Tenanes said in a statement.

Facebook’s deal means that 30 Hudson Yards is now completely leased, while 55 Hudson Yards is 99 percent leased, and 50 Hudson Yards is 75 percent leased. The overall Hudson Yards development is 91 percent leased, according to the developer.

Facebook had been in talks to lease 500,000 additional feet at Hudson Yards since at least August. The company had also reportedly been looking at space in SL Green’s One Madison Avenue and Vornado Realty Trust’s 15 Penn Plaza.


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
Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)
Related is the latest developer to target the Rockaways
Related is the latest developer to target the Rockaways
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Vornado Realty Trust’s Steve Roth,  Daryl Roth and Related Companies CEO Stephen Ross (Getty)
Steven Roth’s wife bets $500K on McGuire for mayor
Steven Roth’s wife bets $500K on McGuire for mayor
Marble Ridge Capital LP’s Dan Kamensky and Neiman Marcus at Hudson Yards in New York (Getty; Jewish National Fund)
Hedge fund manager pleads guilty to fraud in Neiman Marcus bankruptcy
Hedge fund manager pleads guilty to fraud in Neiman Marcus bankruptcy
Democrat James Gennaro won the City Council election against Moumita Ahmed. (Facebook via Gennaro, Twitter via Ahmed)
Real estate helps moderate crush socialist in City Council race
Real estate helps moderate crush socialist in City Council race
70 Vestry Street and 1010 Park Avenue (Google Maps, iStock)
Tribeca condo with bumped-up asking price tops Manhattan contracts
Tribeca condo with bumped-up asking price tops Manhattan contracts
Gotham's Joel Picket and David Picket with 538 10th Ave. (Google Maps)
Gotham plans massive mixed-use building on Far West Side
Gotham plans massive mixed-use building on Far West Side
arrow_forward_ios

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

Loading...