TheLadders.com Expands New York City Headquarters
World's Leading 100k+ Jobs Website Adds 20,000 SF of New Space in Hudson Sq.
NEW YORK (March 24, 2008) - TheLadders.com, the world's leading online marketplace for $100k+ jobs, today announced that it has expanded its presence in New York City, adding 20,000 square feet of new space in Hudson Square. The new location at 205 Hudson Street joins TheLadders.com's current 25,000-square-foot headquarters at 137 Varick Street in creating a south Manhattan stronghold for the rapidly growing company.
The new Hudson Street offices will be staffed initially by approximately 120 employees, representing TheLadders.com's Sales, Recruiter Relations and Customer Service teams. Occupancy will be immediate.
"I am thrilled to be expanding within New York," said Marc Cenedella, founder and CEO of TheLadders.com. "We have spent a lot of time orchestrating the global expansion of TheLadders.com and now we have the opportunity to expand in the city where it all started."
"The many successes that TheLadders.com has achieved to date could never have been possible without a highly motivated team. Our Hudson Square location, our organic healthy kitchen and our ping pong tournaments help to keep that vigor alive in our staff," said TheLadders.com Vice President, People, David Carvajal. "It was very important for us to expand in the neighborhood that we love and move into a space that's well equipped for karaoke night."
Marc Shapses, executive managing director, and Jason Schwartzenberg, managing director, of international commercial real estate services firm, Studley, represented TheLadders.com in the transaction. "We've represented TheLadders.com from its beginnings in 2004 when it employed just six people," said Mr. Shapses. "The company has experienced dramatic growth in such a short period of time and now has over 220 employees. TheLadders.com is a classic New York success story and we're happy to play a part in keeping them here."
Jason Pizer and Tom Lynch negotiated the transaction in-house on behalf of Trinity Real Estate TheLadders.com was advised in the transaction by Pillsbury Winthrop Shaw Pittman LLP, and the firm of Carter Ledyard & Milburn LLP represented Trinity.