No Plans for Move to Vornado’s ‘Penn15’

It took only about a week, but it appears the plans that Vornado had for moving their existing tenant, Facebook, to the site of the Hotel Pennsylvania, is not going to happen.    In an recent article by The Real Deal, Facebook, has declined the offer proposed by Vornado to move to the not yet constructed building that was being proposed by the real estate investment trust.

“We constantly re-evaluate our facilities needs and we don’t have anything new to share about our plans in New York at this time,” Facebook spokesperson Anthony Harrison told Bloomberg in an email.

“Facebook Inc. won’t be taking office space in Vornado Realty Trust’s proposed midtown Manhattan skyscraper, a person with knowledge of the matter said after renderings showing the company’s logo on the building leaked on the internet.

Vornado had pitched the tower near the Pennsylvania Station rail hub to Facebook, which has been scouting out office space around New York City, said the person, who asked not to be identified because the matter is private. Facebook never seriously considered the building — dubbed “Penn15” by Vornado — as an option, the person said.”

https://therealdeal.com/2019/06/13/facebook-isnt-moving-to-vornados-hilariously-named-penn15-after-all/