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Kal Vaughan
Kal Vaughan
  • 1 Minute Read
  • 02nd November 2012

LinkedIn doubles New York office space

LinkedIn, the professional social networking website, has expanded its Empire State Building office to nearly double its initial size within the last year.

In 2011 the company moved into the iconic towers’ 25th floor - taking up roughly 32,000 sq ft of floor space - which it used as a corporate headquarters for sales and staff.

This month the company signed a new ten year contract, expanding its floor space footprint within the building to 73,000 sq ft. The contact will see 40,780 sq ft of space allocated to the company in the tower’s 23rd floor.

Priced at $51 per sq ft, the expansion demonstrates a visual indicator of the company’s success, providing insight into the ‘.com’ industry’s continual influence on the office space sector, following highly publicised moves by in recent months by Google and Facebook to new offices in London.

LinkedIn reported in June 2012 that more than 175 million users in more than 200 countries and territories were registered on the site.

The owner and asset manager of the building, Anthony Malkin said: "The Empire State Building provides them with the best campus environment in the middle of the city,

"A mature business like LinkedIn is looking for office space with full features", "They want character they don't want glass boxes."

He also added that the building's proximity to mass transit and its retailers, such as Starbucks and Chipotle, are also attractive to the tenant.

Two new amenities for the building are planned for late next year; a tenant only fitness centre and conference facility.