03.05.2025 Universal Music nears deal for offices at Vornado’s Penn 2

Universal Music Group NV is in talks with Vornado Realty Trust to take office space at the landlord's newly upgraded Penn 2 tower in Manhattan, according to people with knowledge of the matter.

Universal Music is discussing a lease that would total roughly 300,000 square feet, according to the people, who said negotiations are ongoing and asked not to be identified discussing private information.

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