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Rooted in New York City. Building the Future. Verizon announces new Manhattan headquarters at Vornado鈥檚 PENN 2

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Verizon (NYSE: VZ) has announced plans to establish its new Manhattan headquarters at PENN 2, Vornado AG真人官方ty Trust's reimagined office tower in THE PENN DISTRICT. The company has signed a long-term lease for over 195,000 square feet of office space, which will house approximately 1,000 corporate employees starting in 2026.

The new headquarters, located above Penn Station, will feature exclusive access to 25,000 square feet of outdoor space within The Bustle. Verizon will maintain its major corporate campuses in Basking Ridge, New Jersey, and Irving, Texas. The company will also open a new flagship retail store on Seventh Avenue, adding to its network of over 400 retail locations across NYC's five boroughs, where it currently employs nearly 6,000 people in various capacities.

Verizon (NYSE: VZ) ha annunciato l'intenzione di stabilire la sua nuova sede centrale a Manhattan presso PENN 2, la torre per uffici ripensata da Vornado AG真人官方ty Trust nel THE PENN DISTRICT. L'azienda ha firmato un contratto di locazione a lungo termine per oltre 195.000 piedi quadrati di spazio ufficio, che ospiter脿 circa 1.000 dipendenti aziendali a partire dal 2026.

La nuova sede, situata sopra la Penn Station, offrir脿 accesso esclusivo a 25.000 piedi quadrati di spazio esterno all'interno di The Bustle. Verizon manterr脿 i suoi principali campus aziendali a Basking Ridge, New Jersey, e Irving, Texas. Inoltre, aprir脿 un nuovo negozio di punta sulla Seventh Avenue, ampliando la sua rete di oltre 400 punti vendita distribuiti nei cinque borough di New York, dove attualmente impiega quasi 6.000 persone in diverse funzioni.

Verizon (NYSE: VZ) ha anunciado sus planes para establecer su nueva sede en Manhattan en PENN 2, la torre de oficinas reinventada por Vornado AG真人官方ty Trust en THE PENN DISTRICT. La compa帽铆a ha firmado un contrato de arrendamiento a largo plazo por m谩s de 195,000 pies cuadrados de espacio de oficina, que albergar谩 aproximadamente a 1,000 empleados corporativos a partir de 2026.

La nueva sede, ubicada sobre la estaci贸n Penn, contar谩 con acceso exclusivo a 25,000 pies cuadrados de espacio al aire libre dentro de The Bustle. Verizon mantendr谩 sus principales campus corporativos en Basking Ridge, Nueva Jersey, e Irving, Texas. Tambi茅n abrir谩 una nueva tienda insignia en Seventh Avenue, sum谩ndose a su red de m谩s de 400 puntos de venta en los cinco distritos de Nueva York, donde actualmente emplea a casi 6,000 personas en diversas funciones.

Verizon (NYSE: VZ)電� Vornado AG真人官方ty Trust臧 鞛惮靹表暅 THE PENN DISTRICT 雮挫潣 靷鞖� 牍岆敥 PENN 2鞐� 毵暣韸� 鞁犽掣靷ゼ 靹る頃� 瓿勴殟鞚� 氚滍憸頄堨姷雼堧嫟. 須岇偓電� 195,000韽夒癌頂柬姼 鞚挫儊鞚� 靷 瓿店皠鞐� 雽頃� 鞛リ赴 鞛勲寑 瓿勳暯鞚� 觳搓舶頄堨溂氅�, 2026雲勲秬韯� 鞎� 1,000氇呾潣 旮办梾 歆侅洂鞚� 攴茧頃� 鞓堨爼鞛呺媹雼�.

韼� 鞀ろ厡鞚挫厴 鞙勳棎 鞙勳箻頃� 靸� 氤胳偓電� The Bustle 雮� 25,000韽夒癌顶柬姼鞚� 鞎检櫢 瓿店皠鞐� 霃呾爯鞝侅溂搿� 鞝戧芳頃� 靾� 鞛堨姷雼堧嫟. Verizon鞚 雺挫爛歆 氚办姢韨� 毽鞕 韰嶌偓鞀� 鞏措箼鞐� 鞛堧姅 欤检殧 旮办梾 旌犿嵓鞀るゼ 鞙犾頃� 鞓堨爼鞚措┌, 靹鸽笎鞀� 鞎犽箘雺挫棎 靸堧鞖� 頂岆灅攴胳嫮 毵れ灔霃� 鞐挫柎 雺挫殨鞁� 雼れ劘 鞛愳箻甑棎 瓯胳硱 鞛堧姅 400臧� 鞚挫儊鞚� 毵れ灔 雱ろ姼鞗岉伂毳� 頇曥灔頃� 瓿勴殟鞛呺媹雼�. 順勳灛 鞚� 歆鞐棎靹� 鞎� 6,000氇�鞚� 歆侅洂鞚� 雼れ枒頃� 鞐暊搿� 攴茧頃橁碃 鞛堨姷雼堧嫟.

Verizon (NYSE : VZ) a annonc茅 son projet d鈥櫭﹖ablir son nouveau si猫ge social 脿 Manhattan, dans PENN 2, la tour de bureaux r茅am茅nag茅e par Vornado AG真人官方ty Trust dans le THE PENN DISTRICT. La soci茅t茅 a sign茅 un bail 脿 long terme pour plus de 195 000 pieds carr茅s d鈥檈space de bureaux, qui accueillera environ 1 000 employ茅s corporatifs 脿 partir de 2026.

Le nouveau si猫ge, situ茅 au-dessus de Penn Station, offrira un acc猫s exclusif 脿 25 000 pieds carr茅s d鈥檈space ext茅rieur au sein de The Bustle. Verizon conservera ses principaux campus d鈥檈ntreprise 脿 Basking Ridge, New Jersey, et Irving, Texas. L鈥檈ntreprise ouvrira 茅galement un nouveau magasin phare sur Seventh Avenue, ajoutant 脿 son r茅seau de plus de 400 points de vente r茅partis dans les cinq arrondissements de New York, o霉 elle emploie actuellement pr猫s de 6 000 personnes dans diverses fonctions.

Verizon (NYSE: VZ) hat Pl盲ne angek眉ndigt, seinen neuen Hauptsitz in Manhattan im PENN 2, dem neu gestalteten B眉rogeb盲ude von Vornado AG真人官方ty Trust im THE PENN DISTRICT, einzurichten. Das Unternehmen hat einen langfristigen Mietvertrag 眉ber mehr als 195.000 Quadratfu脽 B眉rofl盲che unterschrieben, die ab 2026 etwa 1.000 Unternehmensmitarbeiter beherbergen wird.

Der neue Hauptsitz, oberhalb des Penn Station gelegen, bietet exklusiven Zugang zu 25.000 Quadratfu脽 Au脽enbereich innerhalb von The Bustle. Verizon wird seine gro脽en Unternehmensstandorte in Basking Ridge, New Jersey, und Irving, Texas, beibehalten. Zudem wird ein neues Flaggschiff-Gesch盲ft an der Seventh Avenue er枚ffnet, das das Netzwerk von 眉ber 400 Einzelhandelsstandorten in den f眉nf Bezirken von New York City erweitert, wo derzeit fast 6.000 Mitarbeiter in verschiedenen Funktionen t盲tig sind.

Positive
  • None.
Negative
  • Potential increased operational costs associated with premium Manhattan office space
  • Logistical challenges of relocating 1,000 corporate employees

Key Highlights:

  • The new headquarters will serve as the hub for approximately 1,000 corporate employees beginning in 2026
  • Verizon signed a long-term lease to occupy more than 195,000 square feet of premier office space across multiple floors
  • New flagship retail store to open on nearby Seventh Avenue
  • Verizon has more than 400 retail locations across all five boroughs, as well as administrative offices, technical locations and garage centers operated by nearly 6,000 Verizon employees in the NYC metro area
  • America鈥檚 鈥楳ost-Awarded Network for Quality鈥� by J.D. Power1 and聽New York City鈥檚 #1 鈥楤est, Most Reliable and Fastest Network鈥� by RootMetrics2 relocates to THE PENN DISTRICT

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Verizon (NYSE, Nasdaq: VZ), born and bred in New York City, today announced it will open its new Manhattan headquarters at PENN 2, Vornado AG真人官方ty Trust鈥檚 reimagined office tower in THE PENN DISTRICT in the heart of Midtown Manhattan. This move marks a bold step in Verizon鈥檚 ongoing commitment to the city that shaped it 鈥� fueling economic growth and deepening its roots in the community it has always called home. In addition to PENN 2, Verizon will continue to maintain two major corporate campuses in Basking Ridge, New Jersey, and Irving, Texas, as well as operate additional offices across the U.S. and internationally.

鈥淣ew York City isn鈥檛 just where we work 鈥� it鈥檚 who we are,鈥� said Sam Hammock, EVP and Chief Human Resources Officer, Verizon. 鈥淥ur employees deserve a workplace that is just as vibrant as our culture. PENN 2 is more than an office. It鈥檚 a space designed to bring us together 鈥� to collaborate, to celebrate, to think boldly and to build the future side-by-side. New York has played a central role in Verizon鈥檚 story, and there鈥檚 no better place to create our next chapter. As the network New Yorkers trust, we鈥檙e proud to invest in the city that鈥檚 always inspired us.鈥�

For 25 years, Verizon has been the backbone of New York City, keeping New Yorkers connected, moving and safe by delivering mission-critical connectivity to New York City agencies and tens of thousands of small businesses across all five boroughs. With more than 400 retail locations citywide, a new flagship retail store opening on Seventh Avenue, and growing Fios availability, Verizon remains at the heart of daily life in the city. The move to PENN 2 will bring approximately 1,000 corporate employees together under one roof, providing the ideal environment for innovation and collaboration.

Verizon is also a cornerstone of New York City's sports and entertainment landscape. Existing partnerships with the Giants, Jets, Knicks, Rangers, Islanders and New York City Football Club underscore Verizon's unparalleled commitment to NYC. As the new Official Mobile Wireless Partner across Madison Square Garden鈥檚 iconic portfolio, Verizon will deliver an enhanced fan experience, offering Verizon customers exclusive access to events at premier venues including Madison Square Garden, Radio City Music Hall and Beacon Theatre.

During the term of the lease, Verizon will occupy more than 195,000 square feet of premier office space across multiple floors, with exclusive access to more than 25,000 square feet of outdoor space within The Bustle. Located directly above Penn Station at the crossroads of Midtown, PENN 2 offers unmatched convenience for employees, with direct access to 15 subway lines, the Long Island Railroad, New Jersey Transit, PATH, Amtrak, and soon Metro-North鈥搈aking it easier than ever for teams to connect and collaborate from across the region. This location will support employees鈥� best work and places Verizon at the heart of the city鈥檚 economic energy and innovation.

鈥淲e are thrilled to welcome Verizon to the growing roster of world-renowned business, communications, technology, finance, and entertainment firms that have chosen THE PENN DISTRICT for their corporate homes,鈥� said Glen Weiss, Executive Vice President - Office Leasing and Co-Head of AG真人官方 Estate for Vornado AG真人官方ty Trust. 鈥淥ur reinvention of THE PENN DISTRICT has produced a vibrant gateway to New York鈥檚 new West Side and represents a new era of workplace thinking, where dynamic environments, unparalleled connectivity, and employee-focused design come together to inspire collaboration and innovation.鈥�

Verizon will join other flagship tenants at PENN2, including Madison Square Garden and Major League Soccer, completing a new cultural and business epicenter in Midtown. The campus offers access to premier amenities, flexible workspaces, and is conveniently located above one of the nation鈥檚 busiest transit hubs.

Additional information on PENN 2 and images can be found at .

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon鈥檚 world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON鈥橲 ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

  1. J.D. Power:
    Verizon is #1 for Network Quality in 5 regions (tied in the Southwest and North Central regions). Verizon has also received the highest number of awards in network quality for the 35th time as compared to all other brands in the J.D. Power 2003-2025 Volume 1 and 2 U.S. Wireless Network Quality Performance Studies. Network Quality measures customers鈥� satisfaction with their network performance with wireless carriers. For J.D. Power 2025 award information, visit jdpower.com/awards for more details.

  2. Rankings based on the RootMetrics庐 NY City and Tri State RootScore庐 Report: 1H 2025. Tested with best commercially available smartphones on three mobile networks across all available network types. Your experiences may vary. The RootMetrics award is not an endorsement of Verizon.

Media contacts:
Katie Magnotta

Diana Alvear


FAQ

When will Verizon's new Manhattan headquarters at PENN 2 open?

Verizon's new Manhattan headquarters at PENN 2 will open in 2026, serving as a hub for approximately 1,000 corporate employees.

How many square feet will Verizon occupy at its new PENN 2 headquarters?

Verizon will occupy more than 195,000 square feet of premier office space across multiple floors, including exclusive access to over 25,000 square feet of outdoor space within The Bustle.

How many retail locations does Verizon have in New York City?

Verizon operates more than 400 retail locations across all five boroughs of New York City, with plans to open a new flagship store on Seventh Avenue.

How many employees does Verizon have in the NYC metro area?

Verizon employs nearly 6,000 people in the NYC metro area, working across retail locations, administrative offices, technical locations, and garage centers.

Will Verizon maintain its other corporate campuses after moving to PENN 2?

Yes, Verizon will continue to maintain its major corporate campuses in Basking Ridge, New Jersey, and Irving, Texas, while operating additional offices across the U.S. and internationally.
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