Spotify To Move US HQ To 4 World Trade Center

SPOTIFY on Wednesday announced an expansion amid the rapid growth of streaming, with the company moving its United States headquarters to New York's rebuilt World Trade Center complex.

With new digs comes a host of new jobs: Spotify will add 1,000 new jobs to its workforce by 2018.

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Spotify, which now has offices in Midtown South, will move its NY office and its employees to 378,000 square feet of office space in the new Fumihiko Maki-designed building owned by Silverstein Properties, early 2018.

Governor Cuomo said in his statement that "Spotify's expansion is the latest example of this community's incredible potential for growth". It's the first building on the 16-acre historic World Trade Center site to fill up, beating out One WTC. Spotify's decision to expand their headquarters in NY has already drawn a good bit of praise. But it doesn't look like Spotify is moving as Cuomo said Spotify will be create 1,000 jobs at the new floorspace.

Spotify now has offices in midtown Manhattan. "We will bring more diversity and a whole lot of music to the area", he said, telling reporters that the jobs will be in fields like engineering, marketing and all other areas of the service. The streaming service is now headquartered at 620 Sixth Avenue, but rumors of a move downtown have been flying for the past few months.

Spotify is doing big things in 2017.

Spotify's general counsel, Horacio Gutierrez, said the company "did consider a number of options" from other states, but ultimately chose to stay - and more than double its work force - in NYC.

The 36-track Spotify playlist included four songs by Billy Joel, two Bruce Springsteen songs, tracks by Queens natives Simon and Garfunkel, and "Empire State of Mind" by Jay Z and Alicia Keys.

Spotify has numerous competitors in the music streaming industry, including Alphabet's Google Music, YouTube, Apple Music, Pandora Media Inc. and Tidal.

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