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Old Posted Apr 9, 2018, 2:46 PM
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https://www.google.com/amp/s/thereal...ant-tower/amp/

Quote:
Roth does seem, however, to envision a large-scale reboot of Penn Plaza, which he refers to in the letter as the “Promised Land.” He says the REIT’s “grand plan” is to construct three to five new buildings on the sites it owns in the district.

The company is eyeing the Hotel Pennsylvania for either a large-scale renovation or a total rebuild, something Roth has considered in the past.
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