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Square to Open New 40,000-Square-Foot NYC Office

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Square, the digital payments company, announced on Thursday that its New York City employees will move into a new 40,000-square-foot office this summer located in Manhattan’s SoHo neighborhood. The space can hold 350 employees, and the company can receive up to $5 million in New York state tax credits if it meets certain hiring commitments.

This article originally appeared on Recode.net.