Grow Therapy Plans $24.9M NYC Expansion, 123 Jobs
Grow Therapy plans a $24.9 million expansion in Manhattan, relocating to a 78,000-square-foot office at 145 Delancey Street on the Lower East Side and creating 123 full-time jobs, according to a November 4 announcement by New York State.
The multi-year project, announced by Governor Kathy Hochul and [Empire State Development Media Center](https://esd, will receive up to $1.4 million in performance-based Excelsior Jobs Program tax credits.
The assistance supports the company’s planned hiring and investment in New York City.
The new office is approximately four times the size of Grow Therapy’s previous 19,000-square-foot headquarters at 100 Broadway in the Financial District. Its expanded premises will occupy the fourth and fifth floors of the mixed-use Essex Crossing development.
Investment Supports Office and AI Research
The investment comprises $15 million for office improvements and interior construction and $9.9 million for research and development focused on proprietary artificial intelligence tools and automating clinicians’ administrative work.
Grow Therapy operates a digital mental health care platform offering in-person and online therapy and psychiatric care. Its planned technology development aims to help clinicians manage administrative responsibilities and improve the delivery of mental health services.
The state’s performance-based tax credits connect the proposed economic assistance to the company’s fulfillment of applicable program commitments rather than providing unconditional upfront funding.
Expansion Builds on Earlier Commitments
The move shifts Grow Therapy’s corporate operations from the Financial District to the Lower East Side, where its larger premises will also accommodate software engineering activities.
According to the [Governor’s Office](https://www.governor, the latest project follows a November 2025 expansion announcement involving the relocation of the company’s headquarters from SoHo to 100 Broadway.
That earlier agreement included commitments to create 186 jobs over five years and invest $16 million in research and development.
Across both expansion projects, Grow Therapy has committed to 309 new jobs, retaining 94 existing positions and investing a combined $40.9 million in New York operations.
The latest employment target concerns future positions in technology, marketing and operations, rather than jobs already filled.
Executives Highlight New York Investment
Governor Kathy Hochul said the expansion reflected New York City’s ability to attract technology businesses while supporting employment growth and wider access to mental health services.
Grow Therapy Chief Financial Officer Seth Bressack emphasized the company’s relationship with New York and its nationwide operations.
The announcement identifies technology, marketing and operations as the areas targeted for additional hiring.
Empire State Development President, CEO and Commissioner Hope Knight linked the company’s additional investment to technology development aimed at improving access to mental health care.
The expansion establishes a larger corporate base for Grow Therapy while extending its research and employment commitments in New York City.
