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Facebook unveiling new space at Vornado’s 770 Broadway

Social-media giant aims to use 185K-square-foot space as recruitment tool

From left: 770 Broadway, Mark Zuckerberg and Jim Wenk
From left: 770 Broadway, Mark Zuckerberg and Jim Wenk

Facebook is holding an official unveiling ceremony tonight to show off its new 185,000-square-foot space at the Vornado Realty Trust building at 770 Broadway. The social-media titan sees itself as a “catalyst” for the tech industry in New York City and expects the new Frank Gehry-designed space to serve as a recruiting tool.

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“A company like that would have influence wherever they go, between the local retail and local businesses,” Jim Wenk of JLL told the Wall Street Journal. “They also have a lot of high-paying jobs.”

Vornado has owned the 15-story, 940,000-square-foot property since 2006. AOL and several other technology firms are among the tenants. [WSJ] — Mark Maurer

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