Etsy Doubles-Down on DUMBO

After much speculation on who the new tenants will be, Etsy has announced their move into 200,000 square feet of office space as one of the anchor tenants of the newly created DUMBO Heights campus in 2016. This is the first confirmed tenant of the former Watchtower properties.

“Etsy was founded in New York, and we’re excited to commit to our future here. New York is where creativity and commerce come together,” CEO Chad Dickerson stated in a post on the Etsy Blog. “It couldn’t be a more natural home for Etsy and for the burgeoning technology industry.”

The online marketplace for everything from crochet scarves to twee wedding decor has established itself as one of the leaders in the New York City tech community. This new space will allow the company of 350 to solidify that position as they look to fill 300 more tech, creative and media jobs once they move to the new space.

The new location will also allow Etsy to bolster it's b-corp status. According to the Etsy statement, the new space, "Will be LEED-certified and support our bike-to-work program, enabling us to continue our efforts to reduce Etsy’s environmental footprint."

"Etsy's creativity and innovation epitomize the DUMBO startup scene. They're civic minded, socially conscious and have long been an amazing anchor tenant in this neighborhood," stated DUMBO BID Executive Director Alexandria Sica. "We're thrilled that they will continue to grow here and inspire the next generation of startups flocking to DUMBO.

Congratulations on the new space Etsy!