Verizon Moves HQ to Vornado’s Penn 2 Tower in Midtown Manhattan

The new headquarters, set to accommodate around 1,000 employees by 2026, will consolidate Verizon’s existing offices at Salesforce Tower and 140 West Street. This shift comes as the company intensifies its return-to-office policy, requiring hybrid employees to be in-office three days a week starting after Labor Day — a notable increase from the previous eight-day monthly requirement.

The lease deal is a major win for Vornado, which invested $750 million to transform Penn 2 as part of its broader Penn District redevelopment. The building now features a new curtain wall, triple-height lobby, enhanced retail spaces, and a rooftop glass pavilion. With this lease, Penn 2 is now 60% occupied, and Verizon joins other major tenants including Madison Square Garden and Universal Music Group.

Strategically located above Penn Station, Penn 2 offers unmatched transit access and premium amenities — positioning it as one of Midtown’s most desirable trophy assets. Verizon’s commitment not only underscores the ongoing flight to quality in office leasing but also highlights the growing demand for modern, high-performance work environments in prime urban locations.