The professional network group now occupies the entire 25th floor of the Empire State Building and the 23rd floor has been added under the new lease, with occupancy slated for next year.
"LinkedIn's New York office allows us to be near a great source of talent and to better serve our customers in New York," said Erin O'Harra, LinkedIn's public relations associate at its Mountain View, Calif., headquarters. The company chose to expand in the Empire State Building because it provides a "cost-effective space" that is central to "convenient commuting options for our employees."
LinkedIn was officially launched in 2003 and now has more than 3,100 employees worldwide. The company is not releasing an estimate on the number of staff it will eventually have in Manhattan.
"The majority of our employees in the city work in sales and the company is continuing to hire for positions in New York and across the globe," said O'Harra.
In addition to its headquarters and the New York City office, LinkedIn is located in Chicago, Los Angeles, San Francisco, Omaha, Neb., and 20 international offices.
The largest professional network on the Internet, LinkedIn has more than 187 million members in 200 countries and territories.
Franklin Speyer, a vice chairman, and William Fressle, a senior director, in Cushman & Wakefield's brokerage division handled the lease for the law firm.
Sacha Zarba, a senior vice president-brokerage services at CBRE, acted on behalf of LinkedIn.
William Cohen, an executive vice president and principal at Newmark Grubb Knight Frank, along with Ryan Kass, a senior managing director, served the landlord on both leases.
@|To report a real estate transaction, contact jstorey@alm.com.
Subscribe to New York Law Journal
