Rippling, a workforce management platform based in San Francisco, is expanding its operations in New York City. The company will triple its footprint and create 390 new jobs by occupying 69,000 square feet on the 59th and 60th floors of 4 World Trade Center.
This expansion is expected to result in a $29 million investment in research and development over the next decade for New York. It aligns with Governor Kathy Hochul’s dedication to attracting innovative businesses, promoting economic growth, and generating high-quality jobs within the state. Rippling will receive up to $3.5 million worth of performance-based Excelsior Jobs Program tax credits from Empire State Development.
“By investing in fast-growing companies like Rippling, we are solidifying New York’s position as a global tech hub that fosters innovation while creating well-paying job opportunities,” stated Hope Knight, President CEO & Commissioner at Empire State Development.” By nurturing tomorrow’s industries today , we are unlocking promising futures for all New Yorkers while fueling inclusive prosperity.” This news was originally published on Connect CRE.
