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Anthropic Takes Over a Hudson Square Skyscraper and Plans to Double Its New York Workforce

7/10/2026, 12:05:59 PM

Core Event: Massive Hudson Square Lease and Workforce Expansion

Anthropic announced it will lease the entire 16-story, 466,000-square-foot building at 330 Hudson Street in Manhattan’s Hudson Square. The company intends to move in over the summer and expects the space to accommodate up to 1,700 desks. By the end of 2026, Anthropic aims to have more than 1,000 employees in New York City, up from fewer than 500 earlier in the year.

Background & Context: AI-Driven Office Boom in New York

The lease follows a broader surge in AI-related office demand. JLL data released earlier in 2026 showed AI firms leasing space at roughly twice the pace of the previous year, accounting for more than a third of tech-sector demand in the first quarter. While San Francisco remains the primary AI hub, New York has emerged as the second-largest market, attracting rivals such as OpenAI, which recently secured 90,000 sq ft in the Puck Building.

Data & Statistics: Scale of the Deal and Company Growth

  • Building size: 466,000 sq ft (entire 16-story tower).
  • Current NYC footprint: 15,000 sq ft at 155 Sixth Avenue (set to expire 2026).
  • Planned headcount: >1,000 employees by year-end (capacity for 1,700 desks).
  • Revenue run rate: $47 billion (up from $30 billion earlier 2026).
  • Valuation: $965 billion after a $65 billion Series H round.
  • Compute contracts: 20-year, $19 billion lease with TeraWulf for a Kentucky data-center campus expected to be operational in 2027-2028; separate agreements with SpaceX, Amazon, Google and Microsoft.

Official Statements & Responses

Anthropic’s chief commercial officer Paul Smith said the move will place the firm “closer to that work, and to the people driving it forward.” Governor Kathy Hochul praised the lease, noting it “demonstrates that New York City — with its unparalleled talent pool, vast industry diversity, and close proximity to the world’s largest academic and research institutions — remains the premier place for companies to do business.”

Criticism & Opposition: Capacity Strain Amid Rapid Expansion

While the office expansion signals confidence, Anthropic simultaneously announced that its flagship Claude Fable 5 model will require metered credits—$10 per million input tokens and $50 per million output tokens—because server capacity cannot meet demand. Industry observers highlight the mismatch between hiring speed and compute availability, noting that the Kentucky data-center will not deliver power for Claude queries until 2027-2028.

Verbatim Quotes

  • “Doubling our team here and deepening our long-term commitment to the city will allow us to sit closer to that work, and to the people driving it forward,” — Paul Smith, Chief Commercial Officer, Anthropic
  • “New York is one of the main hubs for how AI is being put to work, and Anthropic is in the middle of it as a technology partner to the financial institutions, media companies, and cultural organizations that help define the city,” — Paul Smith, Chief Commercial Officer, Anthropic
  • “demonstrates that New York City — with its unparalleled talent pool, vast industry diversity, and close proximity to the world’s largest academic and research institutions — remains the premier place for companies to do business.” — Gov. Kathy Hochul
  • “when it comes to how to use the technology in practice, what works and what doesn’t in business, they come here.” — Julie Samuels, President, Tech:NYC
  • “is the bigger competitive question, and it is one that the city can absolutely win,” — Rudina Seseri, Founder and Managing Partner, Glasswing Ventures
  • “The AI market is growing fast enough that multiple regional hubs can thrive simultaneously,” — Angela Lee, Professor, Columbia Business School

What’s Next: Relocation and Infrastructure Timeline

Anthropic plans to begin moving staff into 330 Hudson Street this summer, with full occupancy targeted before year-end. The TeraWulf Kentucky data-center, a critical component for scaling Claude models, is slated to reach initial capacity in the second half of 2027 and full operation by early 2028. The company’s ability to align its expanded workforce with forthcoming compute resources will shape its competitive standing against rivals such as OpenAI.