NEW YORK CITY—Facebook has leased all 730,000 square feet of the office space at Vornado Realty Trust's The Farley Building.
The Farley Building is a cornerstone of Vornado's new Penn District, where the REIT owns 10 million square feet and is in the midst of a more than $2 billion transformation of the neighborhood alongside government infrastructure and transportation improvements of more than $3 billion.
Farley occupies a double-wide block between 31st and 33rd Streets and stretches from 8th to 9th Avenues. It is adjacent to Penn Station and across the street from Madison Square Garden.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
