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Snap Moves Into NYC’s Hot Office Market | Real Estate News
Snap Inc. just snagged a massive 200,000-square-foot sublease in Manhattan’s buzzy Penn 2 building — one of the city’s biggest office deals last month. While details like rent and lease length remain under wraps, the move signals Snap’s continued push for prime real estate despite its California HQ. Penn 2, recently spruced up with a $750M renovation, is now home to big names like Madison Square Garden and Universal Music Group — and it’s drawing tech giants like Altana, Veeva Systems, and Current, who’re paying premium rates. With Manhattan’s office inventory hitting its lowest since 2020…
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