New location reaffirms IBM's commitment to the
growing technology industry ecosystem of New York City and State
NEW
YORK, Sept. 6, 2024 /PRNewswire/ -- IBM (NYSE:
IBM) today celebrated the opening of its new flagship office at One
Madison Avenue, marking a significant milestone for the
New York-based global technology
company. The ribbon cutting ceremony featured remarks from IBM
Chief Executive Officer Arvind
Krishna, Senate Majority Leader Chuck Schumer, New
York Governor Kathy Hochul,
President and CEO of the Partnership for New York City Kathryn
Wylde and others, as they welcomed IBM employees, partners and
community members.
"One Madison Avenue demonstrates a new chapter in the
partnership between IBM and the city and state of New York. It joins a long tradition of IBM
contributions to New York's
thriving technology industry, including our deep partnerships with
academic and research institutions across the state," said
Krishna. "This move will allow us to bring our employees,
clients and partners together to work on exciting technologies,
from enterprise AI to hybrid cloud to quantum."
"IBM's new flagship office in New
York is the latest sign that our post-pandemic economy is
roaring back to life," said Governor Hochul. "Since its
founding in Endicott in 1911, IBM
has been synonymous with science and technology, creating thousands
of jobs and boosting economic growth. Innovators, scientists and
coders from across the globe are flocking to New York, and we look forward to the next
century of success."
"With IBM's new office at One Madison, the future is bright for
IBM, for New York City, and for
our entire state," said Senator Schumer. "It's a new
chapter for IBM in NYC that will support thousands of jobs and
contribute to the incredible growth of the tech industry in
New York City. I'm proud to
support IBM's new investments to reimagine this wonderful, historic
building and position New York to
be a leader in innovation. I will work relentlessly to make New
York City—and all of our state—a leading hub for AI, semiconductor
chips, quantum computing, and more."
"New York City's economy is
stronger than ever, and we're creating more jobs and opportunities
for New Yorkers every single day," said New York City Mayor Eric Adams. "With yet another global-leading
company doubling down on its commitment to New York City, we are continuing to build the
foundation for a more prosperous, equitable, and affordable future
for New Yorkers across the five boroughs. Thank you to IBM for your
belief in our city, and congratulations on this opening."
"IBM as a company has been the anchor of New York City's fastest growing industry – the
tech sector – our greatest source of new talent," said
Wylde. "The company has played a huge role in the positive
trajectory of the city and they are an important source of support
to all our member companies keeping New
York a global commercial center. Whether it's the work they
do for our municipal government, state government, or the education
system, across the board they have been the innovation center for
the public sector as well as the private sector."
Located at the southeast corner of Madison Square Park, the new
270,000 square-foot IBM office spans five floors of One Madison
Avenue – owned and managed by SL Green Realty Corp. – and will be
home to more than 2,000 New
York-area employees. IBM enlisted global architecture and
design firm Gensler to co-create an agile, state-of-the-art
workspace that facilitates collaboration, fuels productivity and
spotlights innovation.
Employees, guests and the community will be welcomed into One
Madison Avenue through an expansive street-level lobby, featuring
floor-to-ceiling windows and a 40-foot-long Quantum Wave light
sculpture, prominently displayed as a symbol of emerging and future
technology. An escalator leads to the second-floor reception space,
where the circular IBM "Blue Bar" serves as a gathering space
overlooking Madison Square Park, and
the 22,000 square-foot Innovation Studio brings IBM's latest
technology to life through immersive experiences.
Workspaces were purposefully designed to meet the evolving needs
of IBM employees and future talent. A variety of different
environments have been incorporated throughout – including
individual zones (independent work), collaboration zones (meet and
congregate) that can accommodate groups of three to 300, and
community zones (unwind, reset, socialize) – offering flexibility
and choice.
Sweeping park and city views are a focal point of the interior
across all five floors, bringing the beauty and energy of the
neighborhood inside, while a 25,000 square-foot outdoor terrace
features pollinator gardens with over 40 different plant species –
50% of which are native to the region. Positioned to be among the
most notable adaptive reuse projects of present-day New York, the LEED Gold CI certified building
will utilize IBM solutions including Maximo and Envizi to track,
analyze and report sustainability progress.
According to Marc Holliday,
Chairman and CEO, SL Green Realty Corp., "IBM is a global
technology innovator leading the way in AI, automation and
cloud-based solutions. It embodies resiliency, grit and the spirit
of progress and constant transformation. One Madison Avenue tracks
the history and evolution of New York
City and of IBM. We couldn't be more proud to be home to
their new flagship New York City
office."
"The One Madison Avenue workplace hub was designed as an
innovation engine and community forum that will extend IBM's legacy
as a leader in New York City's
digital economy," said Amanda
Carroll, Managing Director, Gensler. "Embedded in the
heart of Manhattan's Silicon
Alley, One Madison Avenue is an empowering platform for IBM's
employees and clients to connect, create and innovate on some of
the world's most complex technological problems."
One Madison Avenue consolidates previously held IBM offices
across New York City, bringing
employees together in one centralized hub. It is expected to
achieve full occupancy in October
2024.
Additional Statements on the Opening of IBM's
Office at One Madison Avenue
Joanne Wright, Senior Vice
President, Transformation and Operations, IBM
"In designing
One Madison Avenue, we set a bold vision to create a vibrant,
innovative, and inclusive work environment. Today, we're unveiling
a modern workplace experience in the era of AI, inspiring a culture
of collaboration and innovation that drives growth and prosperity
for clients, partners and IBM."
Sheena Wright, First Deputy
Mayor of New York City
"The opening of IBM's new flagship office is further indication of
New York City's strength as a
center for global commerce. The continued commitment from
businesses to our city, whether it be international corporations or
budding entrepreneurs, further galvanizes our economy and creates
more career opportunities for New Yorkers."
Andrew Kimball, New York City
Economic Development Corporation (NYCEDC) President and CEO
"IBM's commitment to deepen its roots here in New York City reaffirms that the city's tech
sector is unlike any other with its diverse economy, talent pool,
innovation ecosystem, and vibrant culture, making it the ideal
location for new and established companies to flourish. IBM's
brand-new office space at One Madison Avenue in the Flatiron
district will undoubtedly contribute to the city's robust tech
ecosystem and dynamic economy."
B.J. Jones, "New" New York Executive Director
"IBM's
new flagship office generates economic opportunity and vibrancy,
enhancing the live-work-play power of the Flatiron and NoMad
neighborhoods. In creating a place where people want to work, IBM
is further making our city the place where people want to be."
Maria Torres-Springer, Deputy
Mayor for Housing, Economic Development and Workforce
"IBM's new flagship office at One Madison only deepens New York City's strength as one of the
greatest tech ecosystems in the world. IBM's footprint in the area
will undoubtedly help to shape the future of Midtown, complementing
the City's work to create affordable housing and making the area
into a truly 24/7 mixed-use neighborhood."
About IBM
IBM is a leading provider of global hybrid
cloud and AI, and consulting expertise. We help clients in more
than 175 countries capitalize on insights from their data,
streamline business processes, reduce costs and gain the
competitive edge in their industries. Thousands of government
and corporate entities in critical infrastructure areas such as
financial services, telecommunications and healthcare rely on IBM's
hybrid cloud platform and Red Hat OpenShift to affect their digital
transformations quickly, efficiently and securely.
IBM's breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and consulting deliver open and
flexible options to our clients. All of this is backed by IBM's
long-standing commitment to trust, transparency, responsibility,
inclusivity and service. Visit www.ibm.com for more
information.
Media Contact
Jessica
Chen
IBM Communications
jessicachen@ibm.com
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SOURCE IBM