Twitter to Move Headquarters to Chelsea, Report Says

By Mathew Katz on January 24, 2014 9:18am 

 Twitter's official account tweeting when it went public with an $18 billion offering in November.
Twitter's official account tweeting when it went public with an $18 billion offering in November.
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Bethany Clark/Getty Images

CHELSEA — Get ready, tweeps: Twitter is coming to Chelsea.

The massive social network will move into a new Manhattan headquarters in Chelsea, just steps from Google's massive New York HQ, according to a report in Crain's New York Business.

The company reached a deal to take more than 140,000 square feet in a joint office at 245 W. 17th St. and 249 W. 17th St., according to the report.

Twitter is moving from Midtown East, where it has occupied a much smaller, 11,000-square-foot office at 340 Madison Ave. since 2011.

The multibillion-dollar company had been eyeing a move to 51 Astor Place, but IBM's Watson Group took the space instead.

Savanna, the real estate investment firm that owns Twitter's new office, bought the two buildings for $76 million in 2012, according to records, renovating it in the hopes of bringing in a tech company.

The move continues Chelsea's growth as a mecca for tech companies. Along with Google, big names like Spotify and Barnes & Noble's Nook division call the area home. 

Neither Twitter nor Savanna officials immediately responded to a request for comment.

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