• Betabeat, Friday, March 18, 2011 12:56 PM

Like Google and other tech titans with West Coast origins, Twitter is looking for a more permanent presence on Madison Avenue -- literally. The Observer's Betabeat blog is reporting that the microblogging platform plans to sublease Facebook's former space on Madison Avenue.

"Facebook first leased 11,000 square feet on the sixth floor of the glass birthday cake-shaped building, wherein the Office of the Comptroller of the Currency was also housed," Betabeat explains. Facebook later relocated to another Madison Avenue address. Now, "With the world's two most powerful social media companies just blocks from one another, for better or for worse, it seems only a matter of seconds before the classy office strip is dubbed Silicon Avenue (there, done)."

According to Betabeat, Twitter has set up a temporary home base in Soho back in November, and has since been looking for something more long term.

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