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

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

TRD 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.


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