Ernst & Young to Create more than 1,000 Jobs in New York

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On the other hand, Richard Jeanneret, a regional managing partner at EY said the move aligns with the company’s focus on business innovation.

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He said One Manhattan West is a great addition to the company’s footprint in Metro New York because of its convenient location and focus on connectivity and technology. EY has two growth and innovation “wavespace” centers in Union Square and Chelsea.

Additionally, Jeanneret said, “We are constantly evaluating opportunities to expand EY’s ability in helping our clients navigate the transformative age.”

New York strategies attract global companies

Meanwhile, Howard Zemsky, the head of Empire State Development said, “Global companies choose New York because of our skilled, diverse workforce.”

In addition, Zemsky said the State’s investments in infrastructure and economic development strategy also attract international companies.

The Empire State Development offered EY up to $12 million in performance-based tax credits to the company. It is one of its strategies to encourage EY’s expansion in New York.