Vimeo Relocating NYC Headquarters within Penn District – Connect CRE

Vimeo is relocating its New York City headquarters to Haymes Investment Company’s 5 Penn Plaza from 330 W. 34th St. The video hosting and sharing company, recently acquired by Bending Spoons, will occupy a newly constructed 15,172-square-foot prebuilt space on a portion of the building’s 15th floor. Avison Young principals Joe Gervino and Larry Zuckerman and director Alexis Odgers represented Vimeo. Haymes was represented by JLL’s Mitchell Konsker, Daniel Turkewitz, Greg Wang, Christine Colley, Kristen Morgan and Kate Roush. Ownership has invested approximately $45 million into new infrastructure, lobby, café, amenities, and building systems at 5 Penn “The Penn District’s ongoing revitalization continues to attract and retain leading companies, and Vimeo’s decision to remain in the neighborhood while relocating its headquarters to 5 Penn Plaza is a strong example of that trend,” said Odgers. “The neighborhood has emerged as one of Manhattan’s premier office destinations, driven by significant investment in modernized buildings, transit improvements and an expanding mix of amenities.” Inside The Story About Paul Bubny Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In
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