Empire State Development Corporation

11/04/2026 | Press release | Distributed by Public on 11/04/2026 12:27

Governor Hochul Announces Grow Therapy’s Continued New York City Expansion, Creating 123 New Jobs and Investing $9.9 Million in Research and Development

Fast-Growing Mental Health Platform Will Invest an Additional $15 Million for New Manhattan Office

Building on 2025 Expansion, Grow Therapy's Total New York Commitment Reaches 309 New Jobs and $40.9 Million in Total Investment

Governor Kathy Hochul today announced that Grow Therapy (Grow), a mental health platform delivering in-person and online therapy and psychiatric care, will expand again in New York City with a new office of more than 78,000 square feet at 145 Delancey Street on the Lower East Side. The latest expansion will see the company create 123 new full-time jobs, invest $9.9 million in research and development, and invest an additional $15 million to build out the new space. Empire State Development is supporting the project with up to $1.4 million in performance-based Excelsior Jobs Program tax credits. Combined with the prior expansion project announced in November 2025, Grow has now committed to creating 309 new jobs, retaining 94 jobs, and investing $40.9 million in its New York operations.

"New York City continues to be where ambitious companies come to grow, innovate and build for the future," Governor Hochul said. "Grow Therapy's decision to deepen its roots here reflects the strength of our talent and innovation economy, and we are proud to support a company using technology to expand access to mental health care while creating new opportunities for New Yorkers."

Empire State Development President, CEO and Commissioner Hope Knight said, "Under Governor Hochul's leadership, New York continues to create the conditions for innovative companies like Grow Therapy to expand, invest and create jobs here. Grow's latest expansion will deepen the company's roots in New York City while supporting new technology that can help improve access to high-quality mental health care."

Read the full press release here.

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