Spotify will soon be streaming its New York headquarters to Larry Silverstein’s 4 World Trade Center, Gov. Andrew Cuomo announced Wednesday afternoon.
The world’s leading music-streaming company has signed a mega-lease for 378,000 square feet on floors 62 to 72 of Larry Silverstein’s skyscraper.
The Post’s Lois Weiss first reported Spotify’s WTC talks on Nov. 18.
Cuomo today credited the deal’s completion in part to an Empire State Development Corp. incentive package.
Spotify will move from a smaller space at 620 Sixth Ave. at 18th Street, which is considered Midtown South. The company, founded in Stockholm, Sweden, and led by CEO Daniel Ek, was valued at $8 billion last summer. It was expected to go public this year although recent reports suggested the IPO might be postponed until 2018.
The move to 4 WTC is momentous on several levels. It brings to 100 percent occupancy the 2.3 million-square-foot tower which Silverstein built without any private-sector tenants, although the Port Authority and the City of New York were both pre-signed.
The tower has since drawn MediaMath and SNY, among others. Spotify’s move will further solidify downtown’s and the World Trade Center’s stature as the go-to neighborhood for media, creative and tech firms.
Janno Lieber, president of Silverstein’s World Trade Center Properties division, said, “The World Trade Center has led the way” in drawing nearly 700 companies to downtown in the past 10 years.
Lieber cited “an amazing mix of creative, technology, financial services and media companies.”
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