Real estate experts say the more than 20 planned developments in the Herald Square vicinity – which include retail, office buildings and hotels – will transform the area over the next several years. Vornado Realty Trust is the most active developer in the area, counting seven Herald Square office buildings among its holdings. Last week the company announced plans to raze the historic Hotel Pennsylvania at 401 Seventh Avenue in order to construct an office tower. more [Sun]
A transforming Herald Square
January 11, 2007 12:00AM
