Music streaming company will get $11 million in rent credits over next 15 years
Sweden-based Spotify finalized a deal to take 378,000 square feet at 4 World Trade Center, according to a report in the Commercial Observer. The deal, which was first reported by Crain’s in December, was announced by state officials Wednesday.
“Today is a great day for the World Trade Center and Downtown,” said Larry Silverstein, head of Silverstein Properties, in a statement. “This major commitment by a pioneer of the digital economy is further proof that Lower Manhattan has become the top destination for New York’s most innovative companies.”Read Complete Article