Empire State Development (ESD) has announced that Roc360, a technology-focused asset-based finance and investment management platform, will expand its headquarters in New York City. The company plans to double its office space at 645 Madison Avenue and create 60 new full-time jobs. This expansion is supported by up to $1.5 million in performance-based tax credits through the Excelsior Jobs Program.
Hope Knight, President, CEO and Commissioner of Empire State Development, said, “Roc360’s expansion in Manhattan reflects New York’s position as a global center of innovation, where finance, technology, and entrepreneurship converge. By deepening their investment here, Roc360 is advancing the next generation of technology-driven financial services that support business growth and economic opportunity. Their decision to grow in New York underscores the strength of our ecosystem—one that continues to attract companies redefining industries and creating high-quality jobs across the state.”
Maksim Stavinsky, Co-Founder and CEO of Roc360, stated: “New York City has always been the foundation of Roc360’s story — a place that embodies ambition, resilience, and innovation. Our expansion here is a reaffirmation of our long-term commitment to the city, its people, and its role as a global hub for finance, technology and innovation. We’re proud to keep growing where our journey began.”
Founded in 2014, Roc360 operates a vertically integrated platform providing residential real estate investment lending services. The company employs over 400 people globally and has financed more than $18 billion in residential real estate investments. Its proprietary system connects property investors with institutional capital using automated workflows and data-driven tools.
As part of this project, Roc360 will lease an additional 6,900 square feet on the 18th floor at its current location. The company expects to invest $1.4 million into renovations including design work, planning activities, furniture acquisition and upgrades to technology infrastructure; completion is anticipated by late 2025.
In addition to expanding physical operations in Manhattan—a city recognized for its strong fintech sector—Roc360 will invest $12.5 million over five years into research and development efforts aimed at enhancing analytics capabilities with machine learning technologies.
The new positions created will span several functions such as software engineering; artificial intelligence; data science; financial services; operations; marketing; insurance; appraisals; and loan administration.
This move highlights New York City’s continued appeal for fintech firms due to access to skilled talent pools within finance/engineering sectors alongside established networks supporting financial institutions.
For more information about Empire State Development visit https://esd.ny.gov/.
