Three key Cuomo projects now on Kathy Hochul’s plate
Gov. Andrew Cuomo’s resignation leaves an air of uncertainty hanging over several big-scale projects and initiatives significant to the...
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Kathy Hochul faces tough decisions on real estate
Real estate has a lot riding on Kathy Hochul. Billions of dollars in rent aid. An expiring ban on...
State bill would give NYC control of Cuomo’s Penn Station plan
In a rebuke of Gov. Andrew Cuomo, state lawmakers are seeking to give New York City more control over...
“Inevitable”: Vornado will demolish Hotel Pennsylvania
Manhattan’s Hotel Pennsylvania is once again facing the wrecking ball. Vornado Realty Trust CEO Steven Roth told the REIT’s...
Cuomo’s $1.3B for Penn Station work can’t go to towers
Gov. Andrew Cuomo’s request for $1.3 billion in funding to redevelop Penn Station is getting approved, but not without...
Towers planned around Penn Station face backlash
Razing Midtown buildings to make way for an expanded Penn Station and nearly a dozen new towers isn’t sitting...
Cuomo adds housing to $51B Midtown West project
The state’s massive development plans for the area surrounding Penn Station now includes affordable housing. Gov. Andrew Cuomo announced...
Inside the $1.6B Moynihan Train Hall redevelopment
It took nearly three decades for the Moynihan Train Hall transformation to reach its destination. The successful conversion of...
Insights
Here’s what tenants are paying at Vornado’s 11 Penn Plaza
Vornado’s Penn Plaza properties have been a hotbed of tech leasing activity this year. Months before Facebook’s 730,000-square-foot lease...
For giant Vornado, even $87K in missing rent matters
Vornado Realty Trust, which manages over $7.3 billion in assets, is suing a Midtown eatery for $87,000 in unpaid...