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Classified in: Business
Subject: CXP

EY Opens Hoboken Office And Learning Hub, Further Expanding Metro New York Footprint


NEW YORK, Jan. 16, 2018 /PRNewswire/ -- Ernst & Young LLP (EY) announced today the opening of the organization's new 170,000 square-foot office and learning center in Hoboken, New Jersey. The new location will be home to more than 1,000 EY professionals, and will feature advanced technologies to support high performance teaming and learning. 

Shifting Strategies: 2014 EY Global Hedge Fund and Investor Survey (PRNewsFoto/Ernst & Young LLP)

"EY continues to grow and expand in serving our clients and our people across the Tri-State region. Today's opening of the Hoboken office and learning center, an inspiring, state-of-the-art environment, aligns with EY's focus on innovation across all aspects of business," said Ray Mikovits, Partner, Ernst & Young LLP, and Hoboken Office Managing Partner. 

In addition to expanding EY's New York metro footprint, the Hoboken office at 121 River Street is part of the EY@Work initiative, emphasizing EY's dedication to offering energizing and efficient environments for its workforce. EY believes providing its people more choice in where, when and how work gets done allows them to better deliver exceptional client service, whether individually or as part of a team, and better supports their well-being.

"We are constantly exploring ways to expand our presence and show our commitment to our clients in the Tri-State region. We believe Hoboken is a key solution in accomplishing these efforts and we look forward to continuing to grow as an innovation leader in the NYC metro area," said Richard M. Jeanneret, Vice Chair and Northeast Region Managing Partner, Ernst & Young LLP. 

The office design is focused on integration, collaboration and innovation. It features more than 100 collaboration rooms and nearly 130 flexible work areas, as part of its efforts to promote teamwork.

Many EY professionals dedicated to the financial industry will call the Hoboken office home base. "We are investing in strategic locations in the areas where our clients and prospects have a strong presence," said Anthony Caterino, Vice Chair, Ernst & Young LLP, and Regional Managing Partner for the Financial Services Organization. "Opening EY Hoboken, and our recent announcement of our future US headquarters at One Manhattan West, place our talented professionals in close proximity to the prime areas where financial services companies conduct their business."

The Hoboken office opening comes on the heels of EY's new One Manhattan West lease agreement and the opening of two New York City flagship EY wavespacetm locations. EY's wavespaces are part of a global network of growth and innovation centers helping clients catch the next wave in radical breakthroughs in business transformation and tap into innovative thinking across EY disciplines, experience and industry sectors. The office is also ideally located one block from the transportation hub as well as the city's main shopping and dining areas.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.

SOURCE EY


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