Squarespace, the one-stop platform for website construction, is set to expand its global headquarters in New York City, furthering its presence in the city by nearly 20% over the next two years. This growth will create at least 150 new tech jobs in engineering, design, support, and more.
New York’s tech employment sector has grown 23 percent, since 2011. Squarespace’s expansion in New York City is paralleled by other recent tech sector projects like Netflix, Yext and Nanotronics growing in N.Y.
“As a tech company that has grown up in New York City over the past decade, I strongly believe the diversity of talent and industry in our great city has offered us unique advantages while inspiring our design-led approach. Our vision at Squarespace is to be the leading brand platform for the next generation of independent businesses and creators, and we’re proud to invest in our headquarters to attract new employees who will help our customers around the world succeed in their pursuits.”Squarespace Founder and CEO Anthony Casalena
To accommodate this rapid growth, Squarespace will move into two more floors in the West Village Maltz Building where it already occupies three floors. The company’s growth is in line with Governor Andrew M. Cuomo’s efforts to advance tech jobs and industry across NY. Empire State Development offered Squarespace as much as $2.2 million in performance-based Excelsior Tax Credits over the next 10 years to encourage and motivate the growth. The company will only receive the full value of the credits if at least 156 jobs are created and filled by 2022, and those jobs, as well as 700 existing jobs, are retained by 2029.