Quote:
Originally Posted by Dac150
Well the first step is of course to do away with the Hotel Penn which seems to be happening later rather than sooner.
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I think that would be step number
two or
three. The first step would be getting the zoning approvals, a process currently underway. The hotel isn't doing so well for Vornado right now, but whether or not they will move on demolition before signing a tenant is questionable. Previously, I would have said no. But they seem more determined now.