PHOTO: Glenn Chapman/AFP/Getty Images/CNN
Now playing
03:38
He says Facebook's Libra is the future. Lawmakers aren't so sure
Chris, a Trump supporter, reacts to a fact check of a manipulated video shared by the Trump campaign.
Chris, a Trump supporter, reacts to a fact check of a manipulated video shared by the Trump campaign.
PHOTO: CNN
Now playing
03:58
What Trump supporters see on their Facebook feeds
PHOTO: CNN
Now playing
02:03
Watch this former exec compare Facebook to Big Tobacco
Screengrab Nick Clegg facebook
Screengrab Nick Clegg facebook
PHOTO: CNN
Now playing
07:34
Facebook exec explains the company's US election actions
Now playing
05:15
Misleading videos shared by Republicans get millions of views
Now playing
02:24
Under questioning, Zuckerberg admits Instagram was a 'competitor'
Now playing
03:31
Congresswoman grills Facebook CEO on copying competitors
PHOTO: From Facebook
Now playing
02:40
Zuckerberg blasts Trump administration for worsening pandemic
Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. This is the second day of testimony before Congress by Zuckerberg, 33, after it was reported that 87 million Facebook users had their personal information harvested by Cambridge Analytica, a British political consulting firm linked to the Trump campaign.  (Photo by Chip Somodevilla/Getty Images)
Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. This is the second day of testimony before Congress by Zuckerberg, 33, after it was reported that 87 million Facebook users had their personal information harvested by Cambridge Analytica, a British political consulting firm linked to the Trump campaign. (Photo by Chip Somodevilla/Getty Images)
PHOTO: Chip Somodevilla/Getty Images
Now playing
03:33
Facebook meeting 'disappointing,' says ad boycott organizer
PHOTO: Shutterstock
Now playing
01:57
Facebook removes Trump ads 'for violating our policy against organized hate'
This picture taken on July 4, 2019 in Nantes, shows logos of the US online social media and social networking service, Facebook. (Photo by LOIC VENANCE / AFP)        (Photo credit should read LOIC VENANCE/AFP via Getty Images)
This picture taken on July 4, 2019 in Nantes, shows logos of the US online social media and social networking service, Facebook. (Photo by LOIC VENANCE / AFP) (Photo credit should read LOIC VENANCE/AFP via Getty Images)
PHOTO: LOIC VENANCE/AFP/AFP via Getty Images
Now playing
02:41
He quit Facebook over Zuckerberg's handling of Trump posts. Hear why
PHOTO: Glenn Chapman/AFP/Getty Images/CNN
Now playing
03:38
He says Facebook's Libra is the future. Lawmakers aren't so sure
PHOTO: YouTube/Financial Services Committee
Now playing
02:15
Zuckerberg struggles to explain whether Facebook fact checks political ads
Mark Zuckerberg remained silent after Congressman Barry Loudermilk compared him to President Trump.
Mark Zuckerberg remained silent after Congressman Barry Loudermilk compared him to President Trump.
Now playing
00:43
Watch Zuckerberg react when a lawmaker compares him to Trump
Facebook
Facebook's CEO Mark Zuckerberg delivers his speech during the VivaTech (Viva Technology) trade fair in Paris, on May 24, 2018. (Photo by GERARD JULIEN / AFP) (Photo credit should read GERARD JULIEN/AFP/Getty Images)
PHOTO: GERARD JULIEN/AFP/Getty Images
Now playing
03:21
This is how Facebook kills its competition
facebook zuckerberg origin business orig _00011530.jpg
facebook zuckerberg origin business orig _00011530.jpg
Now playing
01:47
It took Facebook 15 years to take over the world. Here's how
(CNN Business) —  

Facebook signed a lease for more than 1.5 million square feet of office space in New York City’s Hudson Yards.

The lease includes 30 floors and three buildings in the luxury commercial and residential development complex, according to a statement released Thursday by Hudson Yards.

The $25 billion complex is located on the west side of Manhattan near the Hudson River and above the rail yards.

The deal is one of the largest real estate transactions in Facebook’s history, according to a statement from Facebook.

Facebook’s New York office is one of its largest and houses teams from all areas of the company, including Instagram, sales, engineering and other business functions, according to the statement. Facebook has yet to determine which teams will relocate to Hudson Yards.

Facebook will expand its offices there starting in 2020, John Tenanes, vice president of Facebook’s global facilities and real estate, said in the Hudson Yards statement.

“New York’s vibrant communities, strong business economy and diverse talent base first attracted us to the city in 2007,” Tenanes said.

The bulk of the leased space will be in 50 Hudson Yards with additional space in 30 and 55 Hudson Yards.

Among the other tenants in Hudson Yards are WarnerMedia, of which CNN is a part, L’Oreal USA, Guardian Life Insurance Co., Wells Fargo Securities and Equinox. There are also more than 100 shops and restaurants.