Facebook is taking even more space in Hudson Yards than previously reported for a gigantic Manhattan headquarters, several people with knowledge of the deal said.
The social media giant is negotiating to lease 1.5 million square feet in a collection of buildings built or under construction by The Related Companies, which is developing a megaproject in the neighborhood with partners.
Another person with knowledge of the deal said Facebook could expand even further to as much as 1.8 million square feet.
Facebook would take the bulk of the space at 50 Hudson Yards, a 1,000-foot spire being raised by Related and Oxford Properties Group that is scheduled for completion in 2022.
The company is also in discussions to take additional square footage at the neighboring office towers, 30 Hudson Yards and 55 Hudson Yards, which are both complete—potentially giving the $525 billion company space in which to set up operations while 50 Hudson Yards is being erected.
Facebook had previously been contemplating a major lease at One Madison Ave., an office building on West 23rd Street that landlord SL Green is planning to redevelop and expand with new office floors. The company was wooed to the Hudson Yards, a source said, after a Related executive intervened
Jeff Blau, the CEO of the development firm, personally called Facebook’s billionaire chief operating officer, Sheryl Sandberg, and persuaded her to reconsider that deal and visit Hudson Yards instead. The call led Facebook to tour the new development and initiate a deal, the source said.
That Kayak photo is great. The best way to view many of the NYC towers is from the vantage point of the hudson and east rivers - and the NY harbor. I would be interested on doing a group ‘Iconic Tower Tour’ on kayaks with other members of the Yimby forum: perhaps that can be arranged. I typically launch my Kayak from the boathouse located at about 59th and the Hudson River. If your interested in pursuing this idea, contact me any time - it would be a fantastic trip for photos and general viewing of the new iconic towers along the waterfront.
Agreed, it looks way better now with all that seating for people! Even at night, it’s still very lively. Once the construction sheds near the entrance to the High Line dissapears, it’ll look more cohesive.
