Coinbase will relocate to a new office in Manhattan, New York, with double the space and a lease lasting eleven years

ChainCatcher news, according to TheBlock, Coinbase is relocating to a new office in Manhattan, New York, and in the process is abandoning its previous workplace at Hudson Yards.

It is reported that Coinbase has signed an eleven-year lease for a space at 1 Madison in the Flatiron District of Manhattan, covering an area of 67,208 square feet. This office space is approximately twice the size of the original Hudson Yards space, but the company has neither changed its remote work policy nor indicated plans to expand its team in New York. Sources revealed that the number of Coinbase employees has remained relatively stable this year.