The Real Deal New York

New renderings show what Vornado might have planned for Hotel Pennsylvania

The images show a greenery-draped skyscraper
October 03, 2018 10:30AM

The new Vornado renderings overlaid on 15 Penn Plaza (Credit: Hotels and The New York Post)

A new leafy, greenery draped skyscraper could stand just 900 feet from the Empire State Building if Vornado Realty Trust eventually moves forward with a plan to tear down Hotel Pennsylvania.

New renderings for a 2.8 million square foot tower at 15 Penn Plaza were revealed during a recent investor presentation, that show multi-level balconies filled with plants and trees, the New York Post reported. It is unclear who is behind the latest design or when it was created, though the images resemble L&L Holding’s 425 Park Avenue.

The site on Sixth Avenue has undergone multiple design iterations since Vornado won city approval for a 1,216-foot-tall office building to replace the Hotel Pennsylvania in 2007. A previous design for the tower was done by Pelli Clarke Pelli, that showed a 68-story tower in place of the current hotel.

The new Vornado renderings of 15 Penn Plaza (Credit: The New York Post)

Vornado was close to signing Merrill Lynch as a tenant, but the deal fell apart.  Last year, Financial heavyweights Morgan Stanley and Deutsche Bank were in talks to move into the new site.

Earlier this year, Vornado also considered razing 2 Penn Plaza to make way for a large office tower. [NYP] — David Jeans