Brief
Snapchat Parent Company Subleases 199K SF From Verizon at Penn 2
Snap, the technology firm behind Snapchat, is taking over Verizon’s three-floor office lease in Manhattan’s Penn District. The 198,983-square-foot sublease spans the eighth through and 10th floors of

Summary
Snap, the technology firm behind Snapchat, is taking over Verizon’s three-floor office lease in Manhattan’s Penn District.
The 198,983-square-foot sublease spans the eighth through and 10th floors of Vornado Realty Trust’s 2 Pennsylvania Plaza, known as Penn 2, according to sources familiar with the transaction.
The long-term deal, struck at a premium to Verizon’s own […]
Source
- Commercial Observercommercialobserver.com

