a high Spotify
Spotify’s mushrooming workforce will soon be streaming to Larry Silverstein’s Four World Trade Center, Gov. Cu o mo announced Wednesday afternoon — and the deal is even bigger than it sounds.
The world’ s leading musicstreaming company signed a mega-lease for 378,000 square feet on floors 62-72 of the 2.3-million-square-foot skyscraper.
But the deal also includes an expansion option on floors 59-61 which, if exercised, would bring the 72-story tower to 100 percent occupancy.
Spotify boasts 40 million paying subscribers worldwide. It will add 1,000 new jobs to the 800 it already has in the city, Cuomo said, when it moves next year from 620 Sixth Ave. at 18th Street.
The firm had outgrown 160,000 square feet there.
The landmark deal further solidifies downtown’ s stature as the go-to neighborhood for media, creative and tech firms — such as Condé Nast, GroupM and MediaMath at the World Trade Center and Time Inc. at Brookfield Place.
The Post first reported on Nov. 18 Spotify’s WTC talks. Downtown sources said the asking rent was in the $80s per square foot.
Cuomo credited the Empire State Development Corp. with “providing a state subsidy to make the transaction financially viable .” The agency will spot Spotify up to $11 million in World Trade Center rent credits over 15 years.
What Cuomo didn’t mention, sources said, is that the credits were harvested from a shrunken deal at the Port Authority and Durst Organization’s One World Trade Center — where Beijingbased China Center scaled back a nearly 200,000-square-foot lease to just 35,000 square feet in 2015