Robin Hood, New York’s largest poverty-fighting philanthropic group, signed a lease to move its Manhattan headquarters to a historic Union Square office building, underscoring continued demand from mission-driven organizations for central, well-located space.
Empire State Development announced Coinbase will expand in New York City, while Manhattan office leasing showed a strong quarter — together underlining the city’s drive to attract and retain high-value tech roles.
Harvey AI’s office at 1 Madison and other AI deals are increasingly visible in Manhattan leasing, real‑estate trackers report, suggesting AI firms are moving from a peripheral storyline to a recognizable driver of absorption.
State announcement of Coinbase’s expansion—alongside a stronger quarter for Manhattan office leasing—illustrates how public agencies, employer hiring plans and improving premium office demand are lining up in New York’s campaign to attract tech work.
Bloomberg reported on April 3, 2026 that finance executives used March Madness bracket pools as a workplace ritual and small-scale fundraising vehicle, with participation ranging from casual pickers to executives outsourcing their entries.
Two recent market reports say AI firms — highlighted by Harvey AI’s tenancy at 1 Madison — are now a meaningful component of Manhattan office absorption, helping lift leasing results for the quarter.
Early April reporting shows Manhattan office leasing posted a strong first quarter, with AI companies taking more than 600,000 square feet and major commitments such as Clay’s 163,000‑square‑foot lease at 11 Madison Avenue.
Empire State Development announced Coinbase will expand in New York City with more than 600 high‑tech jobs and significant R&D spending, as Manhattan office leasing shows a stronger quarter.
Harvey AI’s lease at 1 Madison is cited by market reports as one of several AI-related deals that helped lift Manhattan office absorption in the quarter, signaling AI tenants are moving into the market’s mainstream.
Empire State Development’s announcement on Coinbase and a stronger Manhattan leasing quarter together highlight New York’s effort to attract and retain higher‑value technology employment.