Monday, 9 April 2018

Vornado considers tearing down 2 Penn to make way for giant tower

Instead of getting a new skirt designed by Bjarke Ingels, a Midtown office building valued at $1.4 billion may instead be torn down. In his annual letter to investors, Vornado Realty Trust CEO Steve Roth said the company is considering razing 2 Penn Plaza to make way for a new building that would double the current tower’s footprint. Two years ago, Vornado unveiled renderings of a redeveloped 2 Penn designed by Bjarke Ingels. The design […]



source https://therealdeal.com/2018/04/09/vornado-considers-tearing-down-2-penn-to-make-way-for-giant-tower/

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