Return-Path: Delivered-To: andrew@sterlingcal.com Received: from reseller401.webserversystems.com by reseller401.webserversystems.com with LMTP id YIipLMs4iWh+dAAAchKAPA (envelope-from ) for ; Tue, 29 Jul 2025 16:10:35 -0500 Return-path: Envelope-to: andrew@sterlingcal.com Delivery-date: Tue, 29 Jul 2025 16:10:35 -0500 Received: from o13.ptr1224.officeinteractive.com ([168.245.9.66]:29864) by reseller401.webserversystems.com with esmtps (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_128_GCM_SHA256 (Exim 4.98.1) (envelope-from ) id 1ugral-000000007wj-0N6r for andrew@sterlingcal.com; Tue, 29 Jul 2025 16:10:35 -0500 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=jefftaborgroup.com; h=content-type:date:from:mime-version:subject:to:cc:content-type:date: from:subject:to; s=s1; bh=cHyXrQyX0W11sbWMl1/fk31f4JMvnVhWgx5ge86wP/E=; b=p9/nxWHrCmrh85eqVJTlMadviC6pm4K9gx7LD3lmtPvZqJKUBh1/nInr8faraWebcsDu MZ0Lwv/gz4g5O4v873h8h7PnKaSrVz1FpmbnrMoNzlpvL7R6Y3w/w8BZOZz8BxhMoodJ9e jghEcqBzJ+OKN72jDiHrn6Qd433NiBbsix5os4PqeGONgv17LWehTxSmwzwwI1Zz3d16vT TZW4gLIFbwG++mVyWdXrVWeHfsbnNrhqVL+7gkdcmItCAm0II6u32T4ZrRPdrvfBSWrFI6 rIMnO9S0SgA0u22l0Wvg3rzo2s6mIQ25g1b0xDzTKsvHa6d7MsBZItyo4QLZRbrA== Received: by recvd-65696df74f-t7g79 with SMTP id recvd-65696df74f-t7g79-1-688938BB-2D 2025-07-29 21:10:19.150920091 +0000 UTC m=+4767934.819364330 Received: from MjEzMTA1MDQ (unknown) by geopod-ismtpd-19 (SG) with HTTP id jVuNRubBRuSx8YoyEhkJSg for ; Tue, 29 Jul 2025 21:10:19.104 +0000 (UTC) Content-Type: multipart/alternative; boundary=796c9b36ef266e59d308cdb09b263060ace18f2e219497492b6f22e14550 Date: Tue, 29 Jul 2025 21:10:24 +0000 (UTC) From: Jeff Tabor Mime-Version: 1.0 Subject: Today's Wall Street Journal Message-ID: X-SG-EID: =?us-ascii?Q?u001=2E6XgS+aMGExnB1bqZZrdrz9qzQEbZ7BEjpKh5guDijZ5HYu1dYAKq1tDEG?= =?us-ascii?Q?Tygo2l3bpRSrRRtQO=2FYwkK2RsxQ5J4jfDxZfzuq?= =?us-ascii?Q?RNO=2Fr22PuRax9aprMb2XQyZr8vc52ayib38f1NZ?= =?us-ascii?Q?y1A0rxslQH0pJLPCcRKGNI+JUxIwi7LDgWXiGXJ?= =?us-ascii?Q?LzXNZ0+afaswqkVDI2uyW3fh05Ld+dpH7W9xzy3?= =?us-ascii?Q?CYqzNpMXcOX1qSesmNScn0TQaGeMIqhRZhVsD3g?= =?us-ascii?Q?0GBR?= X-SG-ID: =?us-ascii?Q?u001=2ESdBcvi+Evd=2FbQef8eZF3BvVjbkJvLQBsaYlfePI5pzrK+dBJgchZqhEIZ?= =?us-ascii?Q?4pD3nqOaC7cqKCYK3ESrhn8KFbSx6obOsluM=2FY1?= =?us-ascii?Q?nCmY3XML8zibEt8byLii98VWGMSic5QqQCS=2F+Kg?= =?us-ascii?Q?cVSN4u+tttaWnSw=3D=3D?= To: Andrew Sterling X-Entity-ID: u001.hZHiB6kKM9UW5e2fAO4iNQ== X-Spam-Status: No, score=-4.4 X-Spam-Score: -43 X-Spam-Bar: ---- X-Spam-Flag: NO --796c9b36ef266e59d308cdb09b263060ace18f2e219497492b6f22e14550 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=iso-8859-1 Mime-Version: 1.0
=20

And= rew,

The below was in today’s editi= on of the Wall Street Journal. Companies are getting more and more serious = about having their folks back to the office.

I hope you find it of i= nterest.

Sincerely,

=

= 		Jeffrey A. Tabor – Founder/CEOJeff@JeffTaborGroup.com
JeffTaborGroup.com
(800) 507-6673
RE License # 01015287

Connect with me on= LinkedIn: Jeffrey = A. Tabor

=


Verizon Hikes In-Office Requ= irement, Leases Larger NYC Office

Most of the com= pany’s management employees will be required to report to the office = three days a week


Verizon has leased 200,000 square feet in a r= ecently renovated office tower near Manhattan’s Penn Station, accordi= ng to people familiar with the matter. Verizon plans to consolidate next ye= ar over 1,000 employees currently working in two other Manhattan locations.=

Ahead of the move, Verizon is tighte= ning up its return-to-office policy. Management and corporate employees app= roved for hybrid work will be required to report to the office three days a= week, beginning the day after Labor Day, said a company spokesman.<= /span>

Previously, the company required these emplo= yees to work from the office eight days a month. Employees approved for ful= l-time remote work likely won’t be affected.

“We believe that our teams perform best when we are tog= ether,” the Verizon spokesman said.

Numerou= s companies have been requiring workers to spend more time in the office. S= tarbucks this month required corporate workers to come to the office a mini= mum of four days a week, up from three. JPMorgan and Amazon have also tough= ened their requirements.


The new mandates have been good n= ews for the New York City office market, which has been rebounding from one= of the worst office downturns since World War II. Business districts in Ne= w York, along with the rest of the country, have suffered weak demand ever = since they were emptied out by the pandemic more than five years ago.

But, in the past year, companies have become more= demanding in requiring workers to be in offices. Financial-services compan= ies, a major driver of New York’s economy, have been among those lead= ing the return-to-office charge.

Offi= ce tenants have leased more than 20 million square feet in Manhattan so far= in 2025, the strongest first-half-year period in more than a decade, accor= ding to Frank Wallach, a Colliers executive managing director of research. = Manhattan’s availability rate fell in the second quarter to 15.4%, it= s lowest level since January 2021.

Ve= rizon’s new headquarters will be in Penn 2, a recently renovated buil= ding owned by office giant Vornado Realty Trust. Vornado spent $1.2 billion= overhauling Penn 2 and another nearby office tower during the depths of th= e pandemic. The 1.8 million-square-foot Penn 2 includes a rooftop park and = pavilion, auditorium space that can seat 300 and several cafes.

With the Verizon deal, Penn 2 is now 60% occupie= d. Verizon will also open a retail store on the building’s ground flo= or.

Penn 2 also houses the corporate = headquarters for the nearby Madison Square Garden sports and entertainment = complex as well as Major League Soccer. Earlier this spring, Universal Musi= c Group, home to Def Jam Recordings and other labels, signed a 22-year leas= e for four office floors and a ground-floor retail location.<= /p>

 Verizon plans to focus on three core campuses going forward= —its global headquarters in New York City, its operational headquarte= rs in Basking Ridge, N.J., and another core campus in Irving, Texas, accord= ing to a person familiar with the matter.

Jeff Tabor Group=A0| 501 W. Broadway, Suite 800= =A0| San Diego=A0| CA | 92101
Unsu= bscribe | =20
--796c9b36ef266e59d308cdb09b263060ace18f2e219497492b6f22e14550 Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=iso-8859-1 Mime-Version: 1.0
=20

And= rew,

The below was in today’s editi= on of the Wall Street Journal. Companies are getting more and more serious = about having their folks back to the office.

I hope you find it of i= nterest.

Sincerely,

=

Jeffrey A. = Tabor – Founder/CEO
Jeff@JeffTaborGroup.co= m
JeffTaborGroup.com
(800) 507-6673
RE License #= 01015287

Connect with me on LinkedIn: Jeffrey A. Tabor



Verizon Hi= kes In-Office Requirement, Leases Larger NYC Office

<= span style=3D'font-family: "Times New Roman", Times, serif; font-size: 15px= ;'>Most of the company’s management employees will be required to rep= ort to the office three days a week

Telecommunications giant Verizon Communications is moving its = headquarters to a larger office space in Manhattan as it ramps up in-office= requirements for most of its management employees.

Verizon has leased 200,000 square feet in a recently renovated offi= ce tower near Manhattan’s Penn Station, according to people familiar = with the matter. Verizon plans to consolidate next year over 1,000 employee= s currently working in two other Manhattan locations.

<= span style=3D"font-size: 15px;">Ahead of the move, Verizon is tightening up its return-to-= office policy. Management and corporate employees approved for hybrid work = will be required to report to the office three days a week, beginning the d= ay after Labor Day, said a company spokesman.

Previously, the company required these employees to work from the = office eight days a month. Employees approved for full-time remote work lik= ely won’t be affected.

“W= e believe that our teams perform best when we are together,” the Veri= zon spokesman said.

Numerous companies have been re= quiring workers to spend more time in the office. Starbucks this month requ= ired corporate workers to come to the office a minimum of four days a week,= up from three. JPMorgan and Amazon have also toughened their requirements.=


The new mandates have = been good news for the New York City office market, which has been reboundi= ng from one of the worst office downturns since World War II. Business dist= ricts in New York, along with the rest of the country, have suffered weak d= emand ever since they were emptied out by the pandemic more than five years= ago.

But, in the past year, companies have = become more demanding in requiring workers to be in offices. Financial-serv= ices companies, a major driver of New York’s economy, have been among= those leading the return-to-office charge.

Office tenants have leased more than 20 million square feet in Manha= ttan so far in 2025, the strongest first-half-year period in more than a de= cade, according to Frank Wallach, a Colliers executive managing director of= research. Manhattan’s availability rate fell in the second quarter t= o 15.4%, its lowest level since January 2021.

Verizon’s new headquarters will be in Penn 2, a recently ren= ovated building owned by office giant Vornado Realty Trust. Vornado spent $= 1.2 billion overhauling Penn 2 and another nearby office tower during the d= epths of the pandemic. The 1.8 million-square-foot Penn 2 includes a roofto= p park and pavilion, auditorium space that can seat 300 and several cafes.<= /span>

With the Verizon deal, Penn 2 is now = 60% occupied. Verizon will also open a retail store on the building’s= ground floor.

Penn 2 also houses the= corporate headquarters for the nearby Madison Square Garden sports and ent= ertainment complex as well as Major League Soccer. Earlier this spring, Uni= versal Music Group, home to Def Jam Recordings and other labels, signed a 2= 2-year lease for four office floors and a ground-floor retail location.

 Verizon plans to focus on three core campuses go= ing forward—its global headquarters in New York City, its operational= headquarters in Basking Ridge, N.J., and another core campus in Irving, Te= xas, according to a person familiar with the matter.

Jeff Tabor Group=A0| 501 W. Broadway, Suite 800= =A0| San Diego=A0| CA | 92101
Unsub= scribe | =20
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