By Michael Dabaie
New York's Hudson Yards said it completed a lease with Facebook Inc. (FB) for more than 1.5 million square feet of office space across 30 floors and three buildings.
The lease deal includes about 1.2 million square feet in 50 Hudson Yards, about 265,000 square feet in 30 Hudson Yards and about 57,000 square feet in 55 Hudson Yards. Related Cos. and Oxford Properties Group developed 30 Hudson Yards, while Related, Mitsui Fudosan America and Oxford developed 50 and 55 Hudson Yards.
"When considering the next phase of our growth in the city, it was important that our newest office space was situated in the heart of a vibrant community that offered access to arts, culture, media and commerce," said John Tenanes, Facebook vice president of global facilities and real estate, adding that Facebook will expand its offices starting in 2020.
News Corp, owner of this newswire, has a commercial agreement to supply news through Facebook.
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