Travel

TripAdvisor shares decline 1.4 percent

Stock of Newton-based TripAdvisor fell on a down day for the markets.
Stock of Newton-based TripAdvisor fell on a down day for the markets.

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TripAdvisor, the travel website operator, signed a 10-year lease for 38,000 square feet in a New York office building following last year’s acquisition of New York-based Jetsetter, GateGuru, and Oyster. TripAdvisor plans to move into its new space at 330 Hudson in June. Separately, the commercial real estate firm HFF said it has arranged an $85 million construction loan for a six-story building in Needham that will be TripAdvisor’s corporate headquarters, with about 280,000 square feet.

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