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Pearson to Relocate Near Penguin In NY

September 19, 2011
By Michael Cader

Pearson intends to relocate Education division employees from White Plains, NY and Upper Saddle River, NJ to Manhattan in 2014, right near Penguin’s NYC offices. The company says it expects to add 600 new media and technology jobs as well. The mayor’s office says in a press release Pearson will reap “at least $13.5 million in city-granted energy-cost savings and state tax credits over 10 years” for the 270,000 square feet of space they are taking at 330 Hudson Street, with the possibility of other incentives as well. Pearson is said to be investing $21 million in renovating the space. […]

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Filed Under: Finance

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