LinkedIn expands at Empire State Building

Empire State Bldg.
Empire State Bldg.

LinkedIn, the popular professional networking site, has signed a 10-year lease for an additional 40,780 square feet of space inside the Empire State Building, Crain’s reported.

The expansion, on the tower’s 23rd floor, brings the Mountain View Calif.-based company’s total space in the iconic tower to 73,000 square feet, Crain’s said. Asking rents in the deal were $51 per square foot.

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“A mature business like LinkedIn is looking for office space with full features,” Anthony Malkin, president of Malkin Holdings, the building’s landlord, told Crain’s. “They want character — they don’t want glass boxes.” [Crain’s] –Guelda Voien