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anObscurity t1_j9y112l wrote

I heard the whole “Penn District” complex including “PEN15” (lmao) is on hold

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Mcfinley t1_j9yig6g wrote

Yeah, Vornado said as much on their most recent earnings call. I think they're still going forward with renovations at One and Two Penn Plaza. Pretty sure they'll continue demolition at Hotel Pennsylvania too

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mowotlarx t1_j9ymejj wrote

Maybe they'll scale back all the office space they planned, but I doubt it. Look forward to.them going ahead and building a bunch of office buildings that will be almost entirely empty and rat infested in the first years they open.

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