Quote:
Originally Posted by mrnyc
if its to be done in seven and a half years that means the penn hotel teardown will need to be very soon. looks like this year!
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No. The tower construction would likely take up to 4 years. Hotel demo could take a year or two. That hotel is not re-opening, but I doubt they would start any demo this year.
It’s interesting that 15 Penn would be the only tower projected in the first phase. But Vornado would also be focusing on building 350 Park in that timeframe.