- Last Updated: 11:57 PM, May 3, 2012
- Posted: 11:57 PM, May 3, 2012
EBay is the latest tech company to stake out Big Apple office space with an eye on attracting talent.
The auction site and its balance sheet beat out a slew of techies to lease a full 35,000 square-foot floor at 625 Ave. of the Americas in the Flatiron/Ladies’ Mile area.
The San Jose, Calif.-based company is calling the space the eBay Technology Center of Excellence. It will house 200 employees.
The deal includes exclusive access to an elevator-served roof deck, expansion options and even a flag on the pole by its third-floor offices.
Freddie Fackelmayer, Sacha Zarba and Ben Friedland of CBRE repped eBay in its search, while Ross Eisenberg led a Cushman & Wakefield team that represented the ownership. Asking rents in that corridor are running from $45 to more than $60 a square foot due to the high tech demand and small number of suitable spots.
The open plan build-out will include a PayPal Shopping Showcase, a tech incubator and event space. Hunch, which eBay bought last year, will move in later this fall along with new hires.