{"id":159895,"date":"2025-05-20T18:12:42","date_gmt":"2025-05-20T22:12:42","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/05\/20\/universal-music-group-to-move-new-york-offices-in-2027-3\/"},"modified":"2025-05-20T18:12:42","modified_gmt":"2025-05-20T22:12:42","slug":"universal-music-group-to-move-new-york-offices-in-2027-3","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/05\/20\/universal-music-group-to-move-new-york-offices-in-2027-3\/","title":{"rendered":"Universal Music Group to Move New York Offices in\u00a02027"},"content":{"rendered":"

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\n\tUniversal Music Group (UMG) announced on Tuesday (May 20) that it will move its East Coast headquarters to Penn 2<\/a>, a recently redeveloped building that sits on top of the transportation hub Penn Station.\u00a0<\/p>\n

\n\t\u201cLocated in the heart of Midtown Manhattan and literally adjacent to Madison Square Garden, one of music\u2019s most storied venues where so many of our artists perform to a packed house, Penn 2 will serve as an ideal nexus for our employees, artists and songwriters,\u201d UMG COO Boyd Muir<\/strong> said in a statement. \u201cBeyond office space, Penn 2 will house music studios and retail spaces, featuring a range of artist merchandise and exclusive products.\u201d<\/p>\n

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\t\t\t\t\tUniversal Music Gets Strong Subscription Growth as Revenue Rises 12% in First\u00a0Quarter\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe building\u2019s fourth to seventh floors will now serve as the home base for Def Jam Recordings, Island Records, Mercury Records, Republic Records, Verve Label Group, the East Coast offices of Universal Music Publishing Group and the merchandise company Bravado. UMG will also take over a ground-floor space in Penn 2 that will eventually house a \u201cpremium retail experience dedicated to serving music superfans.\u201d<\/p>\n

\n\tUMG\u2019s new territory will cover 336,000 square feet, according to<\/a> The Commercial Observer<\/em>. That\u2019s a step up from its current office \u2014 242,505 square feet \u2014 which is further north in Manhattan at 1755 Broadway, a couple of blocks away from Central Park.<\/p>\n

\n\tThe 31-story Penn 2 building was built in 1968. It is owned, along with its neighbor Penn 1, by Vornado Realty Trust, which spent lavishly to revamp both properties. \u201cWe\u2019re creating a real new district in a district that has been starved of [many improvements] forever,\u201d Glen Weiss<\/strong>, executive vp of office leasing at Vornado, told<\/a> Urban Land <\/em>last year.<\/p>\n

\n\tUMG\u2019s new neighbors in Penn 2 will include Madison Square Garden Entertainment and Major League Soccer. In February, Vornado CEO Steven Roth <\/strong>told<\/a> analysts that he hoped the building would be 80 percent leased by the end of the year.\u00a0<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Universal Music Group (UMG) announced on Tuesday (May 20) that it will move its East Coast headquarters to Penn 2, a recently redeveloped building that sits on top of the transportation hub Penn Station.\u00a0 \u201cLocated in the heart of Midtown Manhattan and literally adjacent to Madison Square Garden, one of music\u2019s most storied venues where […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-159895","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/159895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=159895"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/159895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=159895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=159895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=159895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}