Altice USA, one of the country’s largest service providers, will move its headquarters from Long Island to Long Island City at the end of the year, Crain’s first reported.
Currently, headquarters are located in Bethpage, L.I but the company will move “several hundred employees” to Queens, a spokesperson told Crain’s. But sources have told the publication that the company is looking to move to One Court Square.
Lisa Anselmo, a spokesperson for the company, said they have notified employees about the move but are not ready to release the exact location.
The 50-story Citigroup building is owned by Savanna and is currently the tallest building in Queens, though that could change very soon. Corporate employees for Altice USA working in Manhattan and Long Island will move to the Queens location. The Bethpage location will turn into an operations center with the addition of a News 12 studio, according to Long Island Business News.
Though most of the building is used by Citigroup, the New York City Department of Health and Mental Hygiene also rents out two floors. At a real estate forum in March, Andrew Kurd, director at Savanna said he was not sure if Citigroup would stay at the building past its lease, which expires in 2020.
Altice USA owns Optimum, SuddenLink, Lightpath, AMS and News 12 Networks. It serves more than 4.9 million residential and business customers across 21 states. The company recently announced it was planning to go public and is estimated to be worth $1.35 billion.
