Spotify Technology SA, the streaming company, is planning to vacate five of its floors at Manhattan's 4 World Trade Center by the end of the year and will seek to sublease them, Bloomberg reported.
The company is among the largest tenants in the 4 WTC tower, with about 564,000 square feet of offices. The space it is aiming to sublease is more than the 86K SF the company took over from the Port Authority of New York and New Jersey when Spotify expanded its footprint in 2018, the report said.
The towers at the WTC, including the landmark 1 World Trade Center, are owned by Silverstein Properties, which took ownership of the buildings shortly before the terrorist attacks on the site on September 11, 2001. Silverstein redeveloped the 16 acre site in the years that followed.
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