NEW YORK (1010 WINS) -- Verizon is set to move hundreds of its staffers to a new development on the Lower East Side.
The company will be moving its be employees from its Tribeca office located at 140 West Street.
The initial 20-year lease was signed Thursday at the nearly 143,000 square feet of the third, fourth, and fifth floors at 155 Delancey Street of the new rental-apartment tower called The Artisan and will include branding and signage on the commercial facade of the building.
“It’s a real boon to the Lower East Side and it harkens back to the beginning of commerce in New York City — and Verizon recognized the significance of that,” said Charles Bendit of Taconic Partners, one of the developers.
Verizon employees will also have 3,456 square feet of outdoor space on the sixth floor and direct access to the underground Market Line food hall, as well as bike lockers and showers for those traveling across the Williamsburg Bridge.
The company will also be able to use the nearby Essex Crossing Regal cinema for meetings and events.
“We structured it this way to make this campus a home for them,” Bendit added.
Verizon has an option until late next year to lease the remainder of the 350,000 square-foot office campus, which would include the 35,031 square-foot second floor of 155 Delancey as well as the 174,623 square feet in the five-story base of 145 Delancey Street.