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	<title>Betabeat &#187; It&#8217;s Official! Foursquare Inks Office Deal</title>
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		<title>Betabeat &#187; It&#8217;s Official! Foursquare Inks Office Deal</title>
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		<title>It&#8217;s Official! Foursquare Inks Office Deal</title>

		<comments>http://betabeat.com/2011/12/its-official-foursquare-inks-office-deal/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 13:55:30 -0400</pubDate>
					<link>http://betabeat.com/2011/12/its-official-foursquare-inks-office-deal/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
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		<description><![CDATA[<p><img class="alignnone size-full wp-image-23488" style="margin-top: 5px; margin-bottom: 5px; margin-left: 10px; margin-right: 10px;" title="568 broadway" src="http://nyobetabeat.files.wordpress.com/2011/12/568-broadway.png" alt="" width="523" height="454" /></p>
<p>Betabeat broke the news no less than six weeks ago: <a href="http://www.betabeat.com/2011/10/25/end-of-an-era-foursquare-moving-to-soho/">Foursquare is moving to Soho</a>. And today, <em>The Wall Street Journal</em> confirms <a href="http://online.wsj.com/article/SB10001424052970204770404577080861475042998.html">the deal is done</a>. "The company, which makes a smartphone application that lets users 'check in' at bars, restaurants and other locations, will sublease the space from Scholastic Corp. for just under 10 years," the paper reports.</p>
<p>Foursquare has had to try working in the kitchen and eating area in its overstuffed office at 36 Cooper Square, operations manager Derek Stewart told the <em>WSJ. </em>No longer!<em><!--more--></em></p>
<p>The company will settle into the top two floors of 568 Broadway, beating out fellow startups Tumblr and ZocDoc, which were <a href="http://www.betabeat.com/2011/10/28/rumors-acquisitions-foursquare-vs-zocdoc-groundlink-vs-uber-and-pinterest-vs-america/">both interested in the space</a>. Startups seem to love Soho (see Thrillist, ZocDoc, Huffington Post, Kickstarter, Canv.as, we could go on). But office space for fast-growing startups is getting scarce for companies with more than 50 employees.</p>
<p>Foursquare's lease is for about 10 years, indicating the New York startup will stick around the East Coast despite having opened a San Francisco office.</p>
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		<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-23488" style="margin-top: 5px; margin-bottom: 5px; margin-left: 10px; margin-right: 10px;" title="568 broadway" src="http://nyobetabeat.files.wordpress.com/2011/12/568-broadway.png" alt="" width="523" height="454" /></p>
<p>Betabeat broke the news no less than six weeks ago: <a href="http://www.betabeat.com/2011/10/25/end-of-an-era-foursquare-moving-to-soho/">Foursquare is moving to Soho</a>. And today, <em>The Wall Street Journal</em> confirms <a href="http://online.wsj.com/article/SB10001424052970204770404577080861475042998.html">the deal is done</a>. "The company, which makes a smartphone application that lets users 'check in' at bars, restaurants and other locations, will sublease the space from Scholastic Corp. for just under 10 years," the paper reports.</p>
<p>Foursquare has had to try working in the kitchen and eating area in its overstuffed office at 36 Cooper Square, operations manager Derek Stewart told the <em>WSJ. </em>No longer!<em><!--more--></em></p>
<p>The company will settle into the top two floors of 568 Broadway, beating out fellow startups Tumblr and ZocDoc, which were <a href="http://www.betabeat.com/2011/10/28/rumors-acquisitions-foursquare-vs-zocdoc-groundlink-vs-uber-and-pinterest-vs-america/">both interested in the space</a>. Startups seem to love Soho (see Thrillist, ZocDoc, Huffington Post, Kickstarter, Canv.as, we could go on). But office space for fast-growing startups is getting scarce for companies with more than 50 employees.</p>
<p>Foursquare's lease is for about 10 years, indicating the New York startup will stick around the East Coast despite having opened a San Francisco office.</p>
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