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Snap Subleases 199,000 Sq Ft at Vornado’s Penn 2 in Manhattan

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Snap’s parent company agreed to sublease 199,000 square feet at Vornado Realty Trust’s Penn 2 in Manhattan, according to a Colliers monthly report. The deal was described as the second-largest in Manhattan’s July market. The report also cited surging leasing activity in the area and tighter office supply, alongside other major tenants’ long-term leases.

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