The U.S. unit of Tokyo-based Nomura Holdings is in talks for new offices on Manhattan’s West Side, Bloomberg News reported, citing people familiar with the matter. Nomura is discussing a lease with Vornado Realty Trust for space at Penn 2, joining a wave of companies that have sought to upgrade to new or redeveloped offices in the city.
Vornado recently redeveloped Penn 2, adding a new facade, lobby and rooftop lounge to the 31-story office building. Tenants include Major League Soccer, and Vornado has been in talks with Universal Music Group NV for space at the building.
Nomura has been on the hunt for new offices in Manhattan with plans to downsize its footprint, Bloomberg reported in 2023. In 2011, the firm signed a lease for more than 900,000 square feet at Worldwide Plaza for its Americas headquarters. The lease expires in 2033, but Nomura has an option to exit in 2027.
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