This post has been read 2907 times!
May 7, 2013- Now we know why Verizon is shipping Manhattan jobs to other boroughs. They are selling all, or portions of, the headquarters on 140 West Street. That building was flooded by Hurricane Sandy, and perhaps they are transitioning to safer ground. According to Crain’s NY, “Verizon announced on Tuesday that it will sell or lease half of its historic corporate headquarters at 140 West St., a move that comes after the company decided earlier this year to move about 1,100 workers from the site to downtown Brooklyn. In a February memo, Verizon had told its workers that they were being moved because the building was in a flood zone, and had been forced to close in consecutive years by Hurricanes Irene and Sandy. In the company’s announcement Tuesday about its consolidation plan, however, Sandy was not mentioned.”