Verizon has revealed plans to relocate its Manhattan headquarters to PENN 2, a freshly revamped office tower in Midtown’s Penn District. Starting in 2026, roughly 1,000 of its corporate employees will move into more than 195,000 square feet of modern workspace across multiple floors — complete with around 25,000 square feet of shared outdoor space. This marks a significant step in Verizon’s longstanding commitment to New York City.
According to the official release, the move keeps the company firmly rooted in its hometown. Verizon has operated in NYC for a quarter century, serving public safety agencies and small businesses across all five boroughs. Over 400 retail locations plus a new flagship store on Seventh Avenue underline its local presence.
The location itself is a standout benefit. Positioned above Penn Station, PENN 2 offers direct access to 15 subway lines plus LIRR, NJ Transit, PATH, Amtrak, and soon Metro‑North. This transit hub positioning is expected to make commuting much more convenient for staff across the region.
Verizon’s corporate leadership sees PENN 2 as more than office space—it’s a place built to foster teamwork, creativity, and connection. The move aligns with the company’s brand as a New York institution and enhances its access to key cultural and business networks within the city.
The shift also continues Verizon’s presence across multiple campuses—the company maintains major offices in Basking Ridge, New Jersey, and Irving, Texas. But by consolidating its corporate NYC team into a single high-profile tower in Midtown, Verizon underscores how central the city is to its identity and growth strategy.
In addition, Verizon remains deeply involved in New York’s entertainment and sports scene. As the new official mobile wireless partner across Madison Square Garden properties, Verizon promises enhanced experiences for fans at iconic venues including MSG, Radio City Music Hall, and Beacon Theatre—a partnership expected to dovetail nicely with its HQ relocation.
Overall, this move to PENN 2 puts Verizon at the heart of one of the nation’s premier business and transit nodes—showing that even in a post‑pandemic era, physical presence and local investment matter.
