In a major real estate move, Big Four accounting firm Deloitte is set to leave its longtime home at 30 Rockefeller Plaza and relocate its New York City headquarters to a new tower at 70 Hudson Yards. The firm has signed an 800,000-square-foot lease, consolidating its current offices at 30 Rock and 1221 Sixth Avenue, marking one of the largest corporate relocations in the city since the pandemic.
The new skyscraper, being developed by Related Companies and Oxford Properties, is designed to be fully electric and carbon-neutral. Scheduled to break ground in mid-2025 and open between 2027 and 2028, the building will rise 717 feet and offer modern amenities such as a media studio, wellness areas, and a private 8,000-square-foot terrace exclusively for Deloitte.
Deloitte emphasizes the need to unify its teams on neighboring floors and a desire to align with sustainability goals as key reasons behind the move. The current setup, split across unconsolidated floors and fragmented locations, is no longer suited to the firm's collaborative and flexible work style. This reflects a broader trend in the corporate world: More companies seek innovative, eco-conscious workspaces that prioritize employee experience.
As one of the largest professional services firms in the world, Deloitte's bold decision could set a precedent. It raises the question: Will other major firms in the industry begin rethinking their office strategies in favor of more modern, sustainable spaces?