Facebook Inc. is coming to Hudson Yards, part of a major push by the tech giant to expand its presence in New York City. The social media company signed a lease for more than 1.5 million square feet of space (139,000 square meters) across three buildings at the development, according to a statement Thursday. Even with Amazon.com Inc. pulling out of a deal to bring a headquarters to New York, tech giants continue to expand in the city. Google been boosting its presence in the area near its Chelsea hub, while Facebook is setting up shop at Hudson Yards, the mega-project that has reshaped the far west side of Manhattan.
The bulk of Facebook’s space will be at 50 Hudson Yards, where BlackRock Inc. is the anchor tenant, according to the statement by developers Related Cos. and Oxford Properties Group. The company is also taking offices in towers 30 and 55 at the project. The lease is one of the biggest-ever real estate transactions for Facebook, which opened its first New York offices in 2007, the company said in a statement. Employees will start moving to Hudson Yards in 2020, but it hasn’t been determined what teams will work in the new offices.
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