Spotify to relocate USA headquarters to 4 World Trade Center


Spotify to relocate USA headquarters to 4 World Trade Center

New York Governor Andrew Cuomo announced during a press conference on Wednesday streamed via Facebook Live (fb) as well as via a series of tweets (twtr) that the digital music company is moving into Four World Trade Center.

After months of rumors and leaks, music-streaming giant Spotify has committed to take 378k SF in 4 World Trade Center, making the skyscraper fully leased.

With new digs comes a host of new jobs: Spotify will add 1,000 new jobs to its workforce by 2018.

"Lower Manhattan is more vibrant, diverse and connected than ever before", Cuomo said in prepared remarks, "and Spotify's expansion is the latest example of this community's incredible potential for growth".

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The company will occupy 378,000 square feet in the new Fumihiko Maki-designed building owned by Silverstein Properties.

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The World Trade Center's newest tenant is poised to make some noise.

"We appreciate the help of Governor Cuomo and New York State in continuing to grow our team and home in New York City", said Horacio Gutierrez, General Counsel, Spotify.

Gutierrez said the new positions would include engineers, marketers, analysts and other tech-related jobs.

Spotify has numerous competitors in the music streaming industry, including Alphabet's Google Music, YouTube, Apple Music, Pandora Media Inc. and Tidal.

"The downtown area now is totally different", he said. "It's also big news as it means leasing at 4 WTC is now complete".

The company's offices are now located in midtown Manhattan. Spotify's decision to expand their headquarters in NY has already drawn a good bit of praise.



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