Vornado: Universal Music Group Finalizes 336K-SF Deal at Vornado's Penn 2

A deal by Universal Music Group (UMG) for new digs at Vornado Realty Trust's Penn 2 office tower has been finalized after weeks of negotiations. UMG signed a lease for 336,000 square feet at the 31-story Midtown building, according to Colliers' first-quarter 2025 office report. The deal represents a relocation for UMG, which will leave [...]