US-based technology company Yext has unveiled The Yext Building, its new 142,500ft² global headquarters on Manhattan’s West Side in New York City.
The nine-floor building at 61 Ninth Avenue in Chelsea has been designed by architect Rafael Viñoly and features high ceilings and private terraces on every floor, as well as a rooftop park overlooking the Hudson River.
It includes 13,600ft² of outdoor space, bicycle storage and shower facilities, rainwater management for cooling and irrigation, and energy-efficiency technology.
The open, loft-style layout has been created to promote collaboration and allow more light into the space.
Yext founder and CEO Howard Lerman said: “In an era of too much information, much of it wrong, Yext is pioneering a new search paradigm that brings brand verified answers to your fingertips.
“Located between Google’s NYC HQ and the Apple Store, the Yext Building will inspire our team each day on our quest to put perfect answers everywhere.”
Yext intends to redesign the interior of the building over the coming months to shift all Yext employees in New York to the new space by March 2020.
The company’s investment in the building over 12 years is expected to reach $150m, including rent and for build-out.
The building is located across the street from Google’s New York headquarters and Chelsea Market, beside Apple Store and above the Starbucks Reserve Roastery. It is also expected to enable the company to hire hundreds of people in the city.
The company plans to hire 500 people over the next five years.
New York Governor Andrew M Cuomo said: “Tech companies like Yext are thriving and expanding across the state, thanks to New York’s top-notch talent, educational institutions and cultural resources.
“We are proud to support companies that invest in New York State and grow our innovation hubs, which, in turn, attract more world-class businesses and further elevate our 21st century economy.”