Manhattan Telecommunications Upgrades New York City Headquarters
The investment will transform the 55 Water Street HQ into a cutting-edge workspace that fosters collaboration, creativity, and innovation.
"MetTel is excited to renew its commitment to the city that has been instrumental in our success,” said MetTel CEO Marshall Aronow said. “New York City has always been a driving force of innovation and resilience, and we are proud to be part of its thriving business community. With our continued presence in the heart of Manhattan, we look forward to fostering stronger partnerships and delivering even greater value to our clients."
The project is being supported by up to $2.2 million in performance-based Excelsior Jobs Program tax credits from Empire State Development.
"New York City stands as a beacon of innovation where creativity flourishes and the entrepreneurial spirit thrives," Governor Kathy Hochul noted. "The expansion of MetTel serves as a testament to the region's stature as a dynamic tech hub, reaffirming our position at the forefront of innovation, growth, and job creation."
MetTel is a leading global provider of integrated digital communications solutions for enterprise customers. The company enables enterprise companies to easily deploy and manage technology-driven voice, data, wireless and cloud solutions.
"ESD is proud to support the expansion of MetTel, a shining example of a company grown in the heart of New York City's vibrant tech sector,” added Empire State Development President, CEO and Commissioner Hope Knight . “Our city's dynamic environment and access to top-tier talent have propelled MetTel's growth and innovation. This expansion demonstrates the power of New York City as a catalyst for success in the tech industry and we are thrilled that MetTel will continue to grow its legacy in the Empire State."
Additionally, the New York City Economic Development Corporation (NYCEDC) Business Development team worked alongside MetTel and ESD. Currently, MetTel is working with NYCEDC on bolstering workforce development related activities and strengthening their role within the Lower Manhattan business community.
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