Nike's New York Headquarters (NYHQ) will cover nearly 150,000 square feet across six floors at 855 Avenue of the Americas.
Nike believes its new headquarters will drive its global initiative to add resources in influential sports and fashion hubs around the world.
The building includes several conference rooms, a roof terrace and a 4,000-square-foot indoor basketball court, with seating for 400. The court will host local leagues, high school teams, and community partners, and is also available for Nike staff.
"The teams at NYHQ are positioned to bring locally-inspired product to New York City faster. This means forging deeper relationships and accelerating real-time insights, feeding directly into NYHQ's Nike Express Lane," Nike said.
The company's global headquarters and North America headquarters will remain in Oregon.
Shares of Nike were climbing over 1% during midday trading on Monday.
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