Big Block Lease at 225 Park Ave South Terminated by Facebook

Facebook, now known as Meta, has terminated its lease for the more than 200,000-square-feet the social media giant occupies at 225 Park Avenue South. After leasing more than 2 million square feet at the Hudson Yards complex and the nearby Farley Post Office redevelopment, it was decided that the company no longer needed the “bridge space” that the Midtown South office provided. News of the termination represents a change in directions by Meta from the previous years of continued expansion of office space in New York City.