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Rooted in New York City. Building the Future. Verizon announces new Manhattan headquarters at Vornado’s PENN 2
Globenewswire· 2025-07-28 20:28
Core Insights - Verizon is relocating its headquarters to PENN 2 in Midtown Manhattan, reinforcing its commitment to New York City and its community [2][3] - The new headquarters will house approximately 1,000 corporate employees and occupy over 195,000 square feet of office space [7] - Verizon has been a vital part of New York City's infrastructure, providing connectivity to public safety agencies and small businesses [3][4] Company Overview - Verizon generated revenues of $134.8 billion in 2024 and serves nearly all Fortune 500 companies [9] - The company operates more than 400 retail locations across New York City and is recognized for its network quality [7][11] Strategic Partnerships - Verizon has established partnerships with major sports teams and venues in New York City, enhancing its presence in the sports and entertainment sector [4][6] - The company will serve as the Official Mobile Wireless Partner for Madison Square Garden, improving fan experiences at various events [4] Location Benefits - PENN 2 offers direct access to 15 subway lines and other transit options, facilitating employee connectivity and collaboration [5][6] - The location is designed to foster innovation and collaboration among employees, aligning with modern workplace trends [6]
Rooted in New York City. Building the Future.
GlobeNewswire News Room· 2025-07-28 20:28
Core Insights - Verizon is opening a new headquarters at PENN 2 in Midtown Manhattan, reinforcing its commitment to New York City and its economic growth [2][3] - The new headquarters will house approximately 1,000 corporate employees and provide a collaborative environment [3][7] - Verizon has been a key player in New York City's connectivity and public safety for 25 years, with over 400 retail locations and a flagship store opening soon [3][7] Company Overview - Verizon generated revenues of $134.8 billion in 2024 and serves nearly all Fortune 500 companies [9] - The company is recognized as America's 'Most-Awarded Network for Quality' by J.D. Power and New York City's 1 'Best, Most Reliable and Fastest Network' by RootMetrics [7][9] Location and Facilities - The PENN 2 office will occupy over 195,000 square feet, including more than 25,000 square feet of outdoor space, and is strategically located above Penn Station [5][7] - The location offers direct access to 15 subway lines and various transit services, enhancing connectivity for employees [5][6] Community Engagement - Verizon has established partnerships with major sports teams in New York City, enhancing its presence in the local sports and entertainment landscape [4] - The company aims to create a vibrant workplace that reflects its culture and fosters collaboration among employees [3][6]