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PayPal Expands in NYC: 10-Year Lease for 261K Sq Ft

1/11/2026

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Story summary
  • PayPal signed a 10-year lease for 261,000 square feet at 345 Hudson/555 Greenwich St. in New York City, one of 2025’s largest office deals.
  • Empire State Development president Hope Knight notes the expansion will create high-quality jobs and bolster New York’s fintech sector.
  • PayPal will occupy three floors in a complex that blends historic character with modern construction.