New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Downtown New York  + Office  | 

Tech Firm Rippling Expands Operations in Downtown  

San Francisco-based Rippling, a workforce management platform, is set to expand its operations in New York City, tripling its footprint and creating 390 new jobs. The company will occupy 69,000 square feet on the 59th and 60th floors of 4 World Trade Center.  

The expansion is expected to drive a $29 million investment in New York-based research and development over the next decade. Rippling’s growth in New York City aligns with Governor Kathy Hochul’s commitment to attracting innovative businesses, fostering economic growth, and creating quality jobs in the state. The company will receive up to $3.5 million in performance-based Excelsior Jobs Program tax credits from Empire State Development. 

“Investing in high-growth companies like Rippling strengthens New York’s reputation as a global tech hub, sparking innovation and creating good-paying jobs,” said Hope Knight, Empire State Development President, CEO and Commissioner. “By nurturing tomorrow’s industries today, we are unlocking promising futures and fueling inclusive prosperity for all New Yorkers.” 

Connect

Inside The Story

Hope Knight

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Lease