AI Employee Management Platform Warp Triples Footprint at 156 Fifth Avenue

Warp, an artificial intelligence-driven employee management platform, has more than tripled its office footprint for the second time in 12 months. 

The startup recently secured a 16,500-square-foot expansion to fully occupy the seventh floor at 156 Fifth Avenue, less than a year after settling at the Flatiron District building. Warp’s footprint now totals 24,500 square feet. The five-year deal carried an asking rent of $75 per square foot. 

The transaction brings 156 Fifth Avenue to 100 percent occupancy, according to Newmark’s Eric Cagner, who represented landlord HRC alongside Dylan Weisman, Leo Koné and Claire Koeppel.

Warp signed its initial lease at 156 Fifth in the fall of 2025, taking 8,000 square feet on its eighth floor. That move quintupled Warp’s office footprint. It previously leased just 1,500 square feet at 14 East Fourth Street in NoHo.

Warp has been full speed ahead ever since. Its most recent funding round raised $60 million, and subsequent headcount growth required a lot more elbow room. Current Real Estate Advisors’ Rob Kluge assisted Warp in its recent expansion. 

“I think that they thought that they would grow, but I don’t think they thought they would grow this quickly,” Kluge told Commercial Observer. “It was fortuitous timing that the floor below them was available.”

HRC made upgrades to the seventh floor over the summer, prior to Warp taking occupancy in July. The landlord opened a new amenity space on the third floor, as well.

“We are thrilled to see our existing tenant Warp continue to grow and to have been in a position where we could accommodate their needs,” Newmark’s Cagner said in a statement to CO.

The possibility for future expansions at 156 Fifth Avenue cemented Warp’s decision to sustain growth inside the 13-story tower rather than look elsewhere, according to Kluge. Such a deal exemplifies the uniquely ravenous office appetite of New York City’s rapidly growing AI industry.

“I think that’s a pattern we’re seeing with AI companies, much more than other industries,” Kluge said. “Going from 5,000 feet to 20,000 feet, or 20,000 feet to 100,000 feet. It’s not incremental growth. It is tripling and quadrupling.”

A spokesperson for HRC declined to comment.

Emily Davis can be reached at edavis@commercialobserver.com.