View examples of offices that be rented in NYC here
With several thousand staff already working in offices at various sites across the city, the company has agreed on a deal that will see it lease an additional 200,000 sq ft of commercial space in Manhattan.
The offices at 120 Park Ave are to undergo a period of refurbishment before Bloomberg staff start moving into the building at some point towards the end of this year.
“We continue to hire in New York and we expect that to continue as we expand our businesses and move into new markets worldwide,” commented Bloomberg president Daniel Doctoroff.
“This new location is ideal as we build upon our record-setting year in 2010 and position ourselves for future growth,” added the company’s chairman Peter Grauer.
Bloomberg is headquartered in New York and has a total of roughly 6,000 people employed there. On a global basis, the business has more than 150 office bases and is soon to open a new European HQ in the City of London.
The architect Norman Foster is to design the new building in the City, which is expected to accommodate at least half a million square feet of central London office space.
London is set to have several high-profile additions to its skyline over the next few years with work getting underway on office space towers across the city.
Editor’s notes: As of May 2023, Bloomberg is still in occupation at ‘120 Park’.
The 26-floor building has a Walk Score of 98 meaning that there is an abundance of amenities within easy walking distance of the property.
However, if employees didn’t have the time to take a stroll, the building has several amenities of its own including pantries with a range of food and drink options, bike storage, on-site health facilities, and a 22nd-floor outdoor terrace providing great views of the city.