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
KKR chairman Henry Kravis, 30 Hudson Yards and Related Chairman Stephen Ross (Getty)
KKR buys Hudson Yards observation deck for $500M
KKR buys Hudson Yards observation deck for $500M
Radson Development co-founder Jacob Rad and the site of the development (Google Maps, LinkedIn via Rad)
Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Hudson Yards (Getty, iStock)
City’s bet on Hudson Yards beginning to pay off
City’s bet on Hudson Yards beginning to pay off
Peebles, Witkoff plan Hudson Yards supertall
Peebles, Witkoff plan Hudson Yards supertall
Peebles, Witkoff plan Hudson Yards supertall
Larry Ellison’s investment arm buys Hyatt resort in Lake Tahoe for $345M
Larry Ellison’s investment arm buys Hyatt resort in Lake Tahoe for $345M
Larry Ellison’s investment arm buys Hyatt resort in Lake Tahoe for $345M
arrow_forward_ios

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

Loading...