penn station


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Governor Kathy Hochul with rendering of redesigned Penn Station (Getty, MTA)

Hochul taps team to redesign Penn Station

State officials have awarded a contract of up to $57.9 million to redesign Penn Station. Gov. Kathy Hochul announced that a joint venture between FXCollaborative Architects and WSP USA will complete preliminary design and...

Hochul taps team to redesign Penn Station
Vornado ceo Steven Roth and One Penn Plaza (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Vornado Realty Trust)

Vornado’s Roth sees “choppy” market, chides Penn skeptics

Vornado Realty Trust’s second-quarter earnings beat expectations, but the firm is facing “choppy conditions” and analyst anxiety over its...

Vornado’s Roth sees “choppy” market, chides Penn skeptics
Vornado’s Steven Roth and Governor Kathy Hochul with Penn 15 and Penn Station (Getty, DBOX, MTA)

Penn Station vote clears way for deals with developers

State officials can now begin negotiations with developers to build 10 new towers around Penn Station. The Public Authorities...

Penn Station vote clears way for deals with developers
From left: MSG's James Dolan and Related’s Steve Ross with Madison Square Garden

Dolan rejected Stephen Ross pitch to move MSG

Madison Square Garden this spring nixed a proposal by the Related Companies to move the Midtown arena a few...

Dolan rejected Stephen Ross pitch to move MSG
City Planning Commissioner Hope Knight and a rendering of the new Penn Station (NYC Department of City Planning, Getty Images)

State greenlights massive Penn Station development plan

State officials have approved plans for a development surrounding Penn Station that could one day rival the scale of...

State greenlights massive Penn Station development plan
Vornado’s Penn plan, decades in making, reaches inflection point
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Vornado’s Penn plan, decades in making, reaches inflection point

On the seventh floor of Vornado Realty Trust’s office building Penn One is a 12,000-square-foot showroom dedicated to CEO...

Vornado’s Penn plan, decades in making, reaches inflection point

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