Meta Opens Retail Flagship at Vornado Realty Trust's 697 Fifth Avenue in New York City

NEW YORK — Vornado Realty Trust (NYSE: VNO) announced March 18, 2026, that Meta has established its New York City retail flagship, Meta Lab, at 697 Fifth Avenue in Midtown Manhattan.

Meta Lab Arrives on Fifth Avenue

The new Meta Lab location at 697 Fifth Avenue represents a leasing transaction for Vornado Realty Trust. The flagship brings Meta's consumer-facing presence to a marquee address along Fifth Avenue.

Vornado Realty Trust announced the deal via a press release distributed through GlobeNewswire on March 18, 2026.

Retail Concept at 697 Fifth Avenue

Financial terms of the lease, including rent, lease duration, and square footage, were not disclosed in the announcement.

697 Fifth Avenue is part of Vornado Realty Trust's New York retail real estate holdings.

Vornado Realty Trust

Vornado Realty Trust trades on the New York Stock Exchange under the ticker VNO and is headquartered in Paramus, New Jersey.

Sources: GlobeNewswire — Vornado Realty Trust, March 18, 2026