Facebook signed a 10-year lease that will nearly double its New York City office space.
The new office will be two floors at 770 Broadway and designed by architect Frank Gehry, who is also building the social network's Menlo Park headquarters, according to TechCrunch. Facebook is expected to move into the building in early 2014.
Currently, Facebook has 55,000 square feet on Madison Avenue that it originally opened in 2008 for sales and marketing. Since then, its engineering, design, and communications team joined the group. The new lease is in the East Village in a space called "Silicon Alley," where tech companies settle in the Big Apple.
Gehry was chosen for his "cutting-edge" design at a good price. Facebook told TechCrunch, "We expect the space to be very similar to our West Campus plan. This will include open floor plans, natural lighting, and an emphasis on space for collaboration.”