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Meta Lab Signs with Vornado for NYC Flagship Location
Vornado Realty Trust has secured the New York flagship location for Meta Lab at 697 Fifth Ave. Meta signed a 10-year lease agreement with Vornado for Meta Lab New York to occupy the entire five-level, 15,000-square-foot townhouse building adjacent to the base of the St. Regis Hotel. This marks the first flagship retail location for Meta in Manhattan, following its initial flagship store opening in Los Angeles in 2025.
“As evidenced by Meta Lab’s immediate and tremendous success during its introductory pop-up at this location, Fifth Avenue remains one of the most attractive retail corridors in the world for today’s most innovative and iconic brands,” said Vornado EVP and co-head of real estate Glen Weiss. “We are thrilled to further extend our long-standing relationship with Meta and applaud their permanent entry into New York City’s retail landscape.”
Meta has invested heavily in New York City since joining its business and civic community in 2007. In 2020, Meta leased 730,000 square feet comprising all the office space at The Farley Building in Vornado’s PENN DISTRICT. The location serves as Meta’s New York City headquarters and a hub for its tech and engineering teams.
Photo credit: Meta.
- ◦Lease
