New location reaffirms IBM’s commitment to the growing technology industry ecosystem of New York City and State.
IBM has unveiled its new flagship office at One Madison Avenue. The opening ceremony featured remarks from IBM Chief Executive Officer Arvind Krishna, Senate Majority Leader Chuck Schumer, New York Governor Kathy Hochul, President and CEO of the Partnership for New York City Kathryn Wylde and others, as they welcomed IBM employees, partners and community members.
“One Madison Avenue demonstrates a new chapter in the partnership between IBM and the city and state of New York. It joins a long tradition of IBM contributions to New York’s thriving technology industry, including our deep partnerships with academic and research institutions across the state,” said Krishna. “This move will allow us to bring our employees, clients and partners together to work on exciting technologies, from enterprise AI to hybrid cloud to quantum.”
“IBM’s new flagship office in New York is the latest sign that our post-pandemic economy is roaring back to life,” said Governor Hochul.
“With IBM’s new office at One Madison, the future is bright for IBM, for New York City, and for our entire state. It’s a new chapter for IBM in NYC that will support thousands of jobs and contribute to the incredible growth of the tech industry in New York City. I’m proud to support IBM’s new investments to reimagine this wonderful, historic building and position New York to be a leader in innovation. ,” said Senator Schumer.
Located at the southeast corner of Madison Square Park, the new 270,000 square-foot IBM office spans five floors of One Madison Avenue – owned and managed by SL Green Realty Corp. – and will be home to more than 2,000 New York-area employees. IBM enlisted global architecture and design firm Gensler to co-create an agile, state-of-the-art workspace that facilitates collaboration, fuels productivity and spotlights innovation.
Workspaces were purposefully designed to meet the evolving needs of IBM employees and future talent. A variety of different environments have been incorporated throughout – including individual zones (independent work), collaboration zones (meet and congregate) that can accommodate groups of three to 300, and community zones (unwind, reset, socialize) – offering flexibility and choice.
One Madison Avenue consolidates previously held IBM offices across New York City, bringing employees together in one centralized hub. It is expected to achieve full occupancy in October 2024.
