SHARE
Facebook X Pinterest WhatsApp

DoubleClick Reportedly to Relocate in New York City

Written By
thumbnail
Beth Cox
Beth Cox
Feb 3, 1999

Ad network DoubleClick Inc. will move to another New York City location in a
$67 million real estate transaction that includes as much as $4 million in tax
breaks and other incentives, according to published reports.

The New York Daily News said
that
DoubleClick will move from two locations in the financial district to 450 West
33rd St., where it will lease space from John Hancock Mutual Life Insurance
Co. The report said it was the largest ever incentive deal for a new media
company in Manhattan.

The company will get $1 million in city and state incentives if it maintains
its current staff of 260 during its 15- year lease, plus as much as $3 million
more if it adds at least 704 more jobs, the newspaper said.

Recommended for you...

13 Internet Marketing Trends for Small Businesses in 2022
14 Internet Communication Etiquette Tips: Emojis, Hashtags and More
The Logic Behind Renaming Facebook
Rob Enderle
Oct 21, 2021
7 Maddeningly Addictive Features That Make Pinterest Special
Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.