Verizon moves HQ to Penn 2 in boost for Vornado 

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 square feet at the 1.8 million-square-foot building formerly known as 2 Penn Plaza, Vornado disclosed late Monday, according to Crain’s. The move brings roughly 1,000 corporate employees to the tower, which was about 50 percent leased before the deal.  Details of the lease, including asking rent and length, were not disclosed. In the past, Vornado head Steven Roth has said he hopes that asking rents at […]This article originally appeared on The Real Deal. Click here to read the full story.