3 World Trade Center

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Al Gore-Backed Tech Startup Takes Space at 3 World Trade Center

Al Gore-Backed Tech Startup Takes Space at 3 World Trade Center

Feb 01, 2019
By Lily Katz / Bloomberg | Bloomberg

Asana Inc, a work-management software startup backed by former U.S. Vice President Al Gore, agreed to lease space at 3 World Trade Center as it looks to expand in New York City.

The company, led by Facebook co-founder Dustin Moskovitz, will take about 17,000 square feet (1,600 square meters) of space on the 36th floor of the lower Manhattan tower. Asana said it expects to move in this summer.

The firm, started in 2008, offers productivity software that helps teams assign and oversee project tasks. In November, San Francisco-based Asana said it was valued at $1.5 billion after raising $50 million in venture funding led by Gore’s Generation Investment Management, which also led a prior $75 million round. It already has offices in New York, Dublin and Sydney and plans to continue growing overseas.

Asana joins major companies such as Spotify, Disney and Google that have announced moves downtown in recent years, said Jeremy Moss, head of leasing for Silverstein Properties, the building’s landlord. They’re attracted by the convenient commute and concentration of top talent in the area, he said.

Current tenants at 3 World Trade Center include advertising company GroupM, consulting giant McKinsey & Co. and stock-exchange operator IEX Group Inc. Silverstein also recently signed leases with mattress startup Casper, quantitative-trading firm Hudson River Trading and beverage company Diageo Plc. The 80-story skyscraper, which opened in June, is just over 50 percent leased.

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