Vornado Realty Trust plans will soon kick off the first phase of its “megacampus” redevelopment at Pennsylvania Plaza. The real estate investment trust expects to start work before the end of the year on the $200 million renovation of One Penn Plaza, Vornado CEO Steve Roth said on the company’s third-quarter earnings call Tuesday morning. The plan includes a new double-height lobby for the 2.5 million-square-foot building, and is projected to take two years to […]
source https://therealdeal.com/2018/10/30/vornado-to-start-first-phase-of-penn-plaza-redevelopment-before-years-end/
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