Facebook’s NYC offices will open to employees in July

Offices will open at 25% capacity at first

New York /
May.May 26, 2021 10:50 AM
Facebook CEO Mark Zuckerberg with 770 Broadway and Hudson Yards (Getty, VNO, iStock)

Facebook CEO Mark Zuckerberg with 770 Broadway and Hudson Yards (Getty, VNO, iStock)

Facebook was one of the first major companies to give employees the option of working from home permanently in the wake of the pandemic.

Now, a year on and amid a broader push to get workers back into offices, the social media giant is starting to open up again. In an email, the company informed workers that its Manhattan offices will open July 12 at 25 percent capacity, Bloomberg News reported.

Employees that have been working remotely since those offices closed last spring will be able to continue doing so until a month after a return to 50 percent capacity. For its largest offices, Facebook does not expect that to happen until early September. Masks will be required, as will weekly Covid tests “where possible,” a spokesperson told Bloomberg News.

Facebook occupies more than 1 million square feet at Vornado’s 770 Broadway and Orda Management Corp.’s 225 Park Avenue South. It had additionally signed leases for 1.5 million square feet in three of Related Companies’ Hudson Yards buildings, as well as for 740,000 square feet at Vornado’s Farley post office redevelopment.

The announcement comes as other companies plot their returns to the office — some of which will happen as soon as next month. That includes Blackstone, JPMorgan Chase, Goldman Sachs and Morgan Stanley.

Other tech companies are taking a more flexible approach. For example, Yelp is rolling out its hybrid office plans one office at a time, starting in Phoenix with 150 employees.

[Bloomberg News] — Sasha Jones





    Related Articles

    arrow_forward_ios
    Starwood Property Trust CEO Barry Sternlicht (Getty, iStock)
    Washington is “putting kerosene on an open fire” with spending bills: Sternlicht
    Washington is “putting kerosene on an open fire” with spending bills: Sternlicht
    "One thing at a time" is the wrong approach to energy upgrades
    “One thing at a time” is the wrong approach to energy upgrades
    “One thing at a time” is the wrong approach to energy upgrades
    Pot legalization sparks tension with landlords
    Pot legalization sparks tension with landlords
    Pot legalization sparks tension with landlords
    Hope returns to event venues faster than federal funds arrive
    Hope returns to event venues faster than federal funds arrive
    Hope returns to event venues faster than federal funds arrive
    The new broker order
    The new broker order
    The new broker order
    Andrew Florance, CEO of CoStar Group (CoStar, Homes.com)
    CoStar to buy Homes.com for $156M
    CoStar to buy Homes.com for $156M
    HqO CEO Chase Garbarino (HqO via Facebook)
    Big landlords invest $60M in “tenant experience” startup HqO
    Big landlords invest $60M in “tenant experience” startup HqO
    (iStock)
    Underwriting flexibility
    Underwriting flexibility
    arrow_forward_ios

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

    Loading...