Real Estate
Verizon to Move NYC Headquarters to Manhattan’s Penn 2 Tower
The Penn 2 building, right, and the Penn District in New York.
Photographer: Stephanie Keith/BloombergVerizon Communications Inc. will open a new Manhattan headquarters at Vornado Realty Trust’s Penn 2, a redeveloped office tower near Penn Station.
Verizon, which currently has its headquarters at 1095 Avenue of the Americas, signed a long-term lease to take more than 195,000 square feet (18,100 square meters) of space spanning multiple floors at Penn 2, according to a statement Monday. About 1,000 employees will work out of the new space starting next year.