MACY’S RENEWS LEASE FOR 646,000 SF AT ELEVEN PENN PLAZA

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NEW YORK CITY — Macy’s has renewed its 646,000-square-foot lease at Eleven Penn Plaza in Manhattan until 2035. Eleven Penn Plaza is a 1.1 million-square-foot office building in the Penn Plaza district where Vornado Realty Trust owns approximately 9 million square feet of office, retail and hotel space. The building was built in 1923 and has 23 floors. Macy’s, with corporate offices in Cincinnati and New York, is a national retailer with fiscal 2011 sales of $26.4 billion.

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