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fox 5 new york
Dramatic changes coming to office, retail and open space around Penn Station
December 12, 2022
Rosanna Scotto has an exclusive first look at the progress of the re-imagined Penn Plaza, which developer Vornado Realty Trust is calling THE PENN DISTRICT.
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The Real Deal
Verizon Moves HQ to PENN 2 in Boost for Vornado
July 29, 2025
Verizon is betting on the Penn District with plans to move its headquarters to Penn 2, the redeveloped office tower owned by Vornado Realty Trust. The telecom giant signed a lease for nearly 200,000..
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Commercial Property Executive
Vornado Signs 200 KSF Tenant in Manhattan
July 30, 2025
Verizon will relocate its New York City headquarters next year to 203,000 square feet at PENN 2, Vornado Realty Trust’s recently redeveloped 1.6 million-square-foot, 31-story office tower in Midtown
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LAW360
Verizon Inks Lease for HQ Move to Vornado's PENN 2 Tower
July 29, 2025
Vornado Realty Trust on Tuesday said telecommunications company Verizon will move its New York headquarters to the landlord's office tower above Penn Station. Vornado in a news release said Verizon
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REBusiness Online
Verizon Selects PENN 2 in Manhattan for New Corporate Headquarters, to Occupy Nearly 200,000 SF
July 29, 2025
NEW YORK CITY — Telecommunications giant Verizon (NYSE: VZ) has selected the PENN 2 office tower in Midtown Manhattan for its new corporate headquarters. The company will staff approximately 1,000
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New York Business Journal
Verizon to Move New York City Headquarters to PENN 2, Consolidating 1,000 Employees in Manhattan
July 29, 2025
Verizon also announced it is the new Official Mobile Wireless Partner for Madison Square Garden. Verizon Communications Inc. is relocating its New York City headquarters to Penn 2, a 1.8M SF
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CoStar
Verizon Signs HQ Lease at Vornado's PENN 2 Tower in Manhattan
July 29, 2025
Telecommunications giant Verizon is moving its headquarters to Vornado Realty Trust’s newly redeveloped Penn 2 trophy tower directly above Manhattan’s Penn Station. The relocation plan comes as
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The Commercial Observer
Verizon Inks 203K-SF Deal at Vornado's PENN 2 After Essex Crossing Shift
July 29, 2025
Nearly two years after abandoning its plans to move into offices at Essex Crossing, Verizon has signed an even bigger deal in the Penn District. The telecommunications firm signed a lease for 203,000
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Bisnow
Verizon Moving Headquarters to Vornado's PENN 2: The N.Y. Deal Sheet
July 29, 2025
Verizon has signed a massive lease relocating its global headquarters from Midtown to just next to Penn Station. Vornado Realty Trust’s Penn 2, where Verizon plans to consolidate its corporate
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Wall Street Journal
Verizon Hikes In-Office Requirement, Leases Larger NYC Office
July 28, 2025
Most of the company’s management employees will be required to report to the office three days a week. Telecommunications giant Verizon Communications is moving its headquarters to a larger office
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Crain's New York Business
Verizon is Moving Headquarters to PENN 2 in Coup for Vornado
July 28, 2025
Verizon Communications will move its headquarters a few blocks west to Penn 2, a newly redeveloped tower next to Penn Station, the company announced late Monday.
Verizon will lease nearly 200,000 SF
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Bloomberg
Verizon to Move NYC Headquarters to Manhattan’s PENN 2 Tower
July 28, 2025
Verizon 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...
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Commercial Observer
Universal Music Group Finalizes 336K-SF Deal at Vornado’s Penn 2
April 1, 2025
A deal by Universal Music Group (UMG) for new digs at Vornado Realty Trust (VNO)’s Penn 2 office tower has been finalized after weeks of negotiations. UMG signed a lease for 336,000 SF at PENN 2.
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Digital Media News
UMG Finalizes Paperwork on Gleaming 336,000 Square Foot ‘Penn 2’ Office in Midtown Manhattan
April 1, 2025
After weeks of negotiations, Universal Music Group (UMG) has finalized the paperwork for a 336,000 square foot office space in the Penn 2 building in midtown Manhattan.
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Bloomberg
Universal Music Nears Deal for Offices at NYC's PENN 2
March 5, 2025
Universal Music Group NV is in talks with Vornado Realty Trust to take office space at the landlord’s newly upgraded PENN 2 tower in Manhattan, according to people with knowledge of the matter.
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The Real Deal
Universal Music in talks for 300k sf lease at Vornado’s Penn 2
March 5, 2025
Vornado Realty Trust is close to landing another large lease at its reinvented Penn 2 office tower. Universal Music Group is in talks with the landlord to take 300,000 square feet at the recently...
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Crains New York
Vornado Spending $65M to Spruce up Area Around Penn Station for Commuters
May, 20, 2024
Vornado Realty Trust is working on a $65 million streetscape project around Penn Station even as broader plans for transforming the neighborhood remain up in the air.
The project aims to make...
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Commerical Observer
New York City Office Owners adn Brokers Tout Recovery
May 17, 2024
The optimism around the office sector was palpable Thursday morning at Vornado Realty Trust (VNO)’s new trophy tower, PENN 2, a glittering 31-story, 1.6 million square-foot office property...
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Commerical Observer
Vornado's Bustle Aims to Be a Hangover That Cures Office Ills
April 30, 2024
If you pause at the threshold of the new Foster + Partners-designed glass canopy beforedescending into the Seventh Avenue entrance of Pennsylvania Station and take in your surroundings, you will...
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Commercial Observer
Major League Soccer Relocating to PENN 2 with 12K-SF Lease
March 29, 2024
Major League Soccer is doubling its footprint in a relocation to Vornado Realty Trust (VNO)’s PENN 2. The professional soccer league will move its offices from the 64,200 square feet...
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New York Post
Inside the 6 most fascinating, innovative reconstruction projects in NYC
April 21, 2024
It’s often cheaper to rip is up and start again. But a handful of NYC’s Best New Buildings are preservation and reconstruction jobs. - Vornado Realty Trust, and others...
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Urban Land
PENN DISRICT: Vornado’s New Office Towers—PENN 1 and PENN 2—Will Help Revitalize Midtown Manhattan
April 5, 2024
One of New York City’s busiest corridors is set for one of its biggest transformations in years. The area around Manhattan’s Penn Station has long been considered a sore spot for the city...
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The Real Deal
Vornado Scores MLS Lease at PENN 2
March 29, 2024
After years of reinventing its PENN 2 office property, Vornado Realty Trust is scoring another tenant. Major League Soccer is nearly doubling its Manhattan office footprint in a move to 126,000 SF...
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YIMBY
Construction At PENN 2 Continues At Two Penn Plaza In Midtown Manhattan
August 14, 2023
Construction and expansion work continues at PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust...
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YIMBY
PENN 2’S Cantilever LED Display Begins Testing At Two Penn Plaza In Midtown, Manhattan
March 23, 2023
Modernization work is shaping up on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust...
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New York YIMBY
PENN 2’S Overhaul Continues At Two Penn Plaza In Midtown, Manhattan
January 1, 2023
Work continues on the renovation of PENN 2, a 31-story mid-century commercial
building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects
and developed by Vornado Realty Trust...
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New York Post
Why NYC companies are betting on big office space
October 29, 2022
Vornado’s buildings by Penn Station have been snagging tenants with 300,000 square
feet leased at PENN 1 alone. Blue Cross Blue Shield has recently moved into its new
70,000 square feet of offices...
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Commercial Observer
Under Construction
September 27, 2022
The renovation of PENN 2 — which houses both Pennsylvania Station and Madison Square Garden — reached an important milestone last week with the topping out of "the bustle", a new entrance...
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New York Post
Developer hustles to build ‘Bustle’ in Penn Station area
September 25, 2022
Vornado Realty Trust isn’t waiting for final approval of the state’s Empire Station
Complex plan, in which Vornado would play a central role, to pursue its dream for the
Penn Station/MSG area.
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CoStar
Vornado’s Penn 2 Redevelopment Project in New York Reaches Construction Milestone
September 19, 2022
Vornado Realty Trust’s 88,000-square-foot, two-block addition above New York’s Penn
Station, part of its Penn 2 redevelopment project, has completed its framework.
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ConnectCRE
Vornado Tops Out Construction on PENN 2’s The Bustle
September 19, 2022
Vornado Realty Trust topped out construction of the Bustle, spanning two full block
frontages along Seventh Avenue in Midtown South to create an imposing new arrival for Penn Station...
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New York YIMBY
PENN 2’s Eight-Story Addition Tops Out At 2 Penn Plaza In Midtown, Manhattan
September 19, 2022
Last week, Vornado, Turner Construction, and Skanska
celebrated the topping out of the new eight-story expansion at PENN 2, a 31-story
commercial tower at Two Penn Plaza in Midtown.
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Real Estate Weekly
Vornado’s PENN 2 Bustle Tops Out at the PENN District
September 19, 2022
Vornado Realty Trust and the Ironworkers celebrated the topping out of PENN 2’s new Bustle – a
dramatic reimagining of the most trafficked entrance to Penn Station.
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New York YIMBY
PENN 2’s Renovations Continue At 2 Penn Plaza In Midtown, Manhattan
August 5, 2022
Renovation work is progressing on PENN 2, a 31-story commercial building at Two
Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by
Vornado Realty Trust...
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New York YIMBY
PENN 2’s Cantilevering Expansion Takes Shape At Two Penn Plaza In Midtown, Manhattan
May 18, 2022
Renovation work and construction continue on PENN 2, a 31-story commercial tower at
Two Penn Plaza in Midtown. Designed by MdeAS Architects and developed by
Vornado Realty Trust...
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New York YIMBY
PENN 2’S Re-Cladding Progresses At Two Penn Plaza In Midtown, Manhattan
January 31, 2022
Renovation work continues to progress on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown. Designed by MdeAS Architects and developed by
Vornado Realty Trust...
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