Facebook, which floated on the stock market earlier this year, currently occupies around 40,000 square feet of office space in New York, while Microsoft occupies around 175,000 square feet in the city. However, Reuters reports that both are looking for more space.
Local authorities in New York, including the mayor’s office, have worked for years to encourage technology, social networking, and software businesses to establish offices around the city, particularly in Manhattan. These efforts are widely seen as a success, with the city now boasting a growing reputation as an incubator of talent and enterprise in the sector.
Several successful companies within the technology industry, including Facebook, have taken to California to grow and gain international recognition. Still, New York officials want to give that development every chance to succeed on the East Coast. Reuters describes both Facebook and Microsoft’s current position as likely to require significant office space on both coasts of the US in future.
Meanwhile, in the UK, significant efforts are underway to establish London as another leading location for investment and growth in the technology sector. One area of London that has achieved notable success in attracting significant investment from global tech firms in recent years has been the so-called Silicon Roundabout district just north of the City.
Editor’s notes: As of July 2024, Microsoft was based at 677 Fifth Avenue, New York, NY 10022-4210.
Facebook rebranded as Meta in October 2021 and occupies three offices in New York City – 770 Broadway, 50 Hudson Yards and the James A. Farley Building at 380 West 33rd Street.
In London, in September 2023, the landlord of Regent’s Place, British Land, announced that it had received a payment of £149 million from Meta for the surrender of its lease, which had seven years left to run.
As of October 2026, Microsoft’s Manhattan office was at 11 Times Square.
At the time, Meta had been reshaping its Manhattan office occupancy strategy since 2024.
In September 2026, it was reported that Microsoft was in talks to take around 200,000 square feet of office space at Belgrove House in King’s Cross.