Real estate company VTS expands NYC headquarters, plans 200 jobs (NY)

NEW YORK CITY — VTS, a global commercial real estate and asset management company, will create 200 jobs in an expanded global headquarters in New York City. The company will also retain all 86 jobs currently in place at its offices in Midtown Manhattan.

“This is another example of how New York State is thriving for businesses and jobs in the competitive global economy,” said Gov. Andrew Cuomo. “The state is fully committed to helping the private sector thrive in order to create new opportunities for New Yorkers, and we will continue building on the progress of the past five years to create an even stronger business environment. I congratulate VTS on reaching this important milestone, and I look forward to seeing the company grow and succeed in the years to come.”

In addition to serving as the company’s global headquarters, the expanded space will also be home to the bulk of VTS’s engineering talent, with nearly half the new hires working in that field. The move to West 40th Street in Midtown Manhattan will provide VTS with nearly 16,000 square feet of office space, as well as an option to lease additional space in the building in the future.

Source: Gov. Cuomo’s office

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