Will New York’s Hotel Pennsylvania survive neighborhood changes?

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    NEW YORK – Will the tourist-filled, money making Hotel Pennsylvania across from Penn Station someday be demolished? Maybe, according to Vornado Realty Trust CEO Steve Roth’s comments to Wall Street analysts last week during the company’s Q2 earnings call. The popular tourist hotel known for its low rates sits across the street from the busiest train station in the USA – an area that Vornado owns most of the real estate and for years has wanted to upgrade. ... Read More » The post Will New York’s Hotel Pennsylvania survive neighborhood changes? appeared first on Travel Update.

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