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Spotify Moving Headquarters to 4 World Trade Center, Governor Says

By Irene Plagianos | February 15, 2017 6:10pm
 The music-streaming behemoth is headed to 4 WTC, and expanding its headquarters. 
The music-streaming behemoth is headed to 4 WTC, and expanding its headquarters. 
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FINANCIAL DISTRICT — The world's leading music-streaming company is headed to the World Trade Center.

Spotify is set to move its U.S. headquarters to 4 World Trade Center early next year, creating 1,000 new jobs with its expanded office space, Gov. Andrew Cuomo announced Wednesday.

The company will take up 378,000 square feet on floors 62 through 72 — the top 10 stories in the Fumihiko Maki-designed skyscraper — in a move from its current 620 Sixth Ave. building that will more than doubles its space.

Spotify, a Swedish company, will receive up to $11 million in World Trade Center Rent Reduction Program credits, available for approximately 15 years of Spotify’s lease, Cuomo said. The program encourages businesses to expand their presence in New York.   

With the addition of Spotify, 4 WTC becomes the first building on the 16-acre World Trade Center site to be fully leased. In 2013, the tall, glassy building was the first tower to open on the site, 12 years after 9/11.

Spotify’s move joins a growing number of media and tech companies that have migrated to the WTC and Lower Manhattan, including Conde Nast in the neighboring One World Trade Center. According to Silverstein Properties, more than 700 companies have settled in Lower Manhattan over the past 10 years.

To celebrate the move, Cuomo released his own Spotify playlist, which features lots of Billy Joel.