Vornado formally concludes $11M exterior rehab including retail at Hotel Pennsylvania

Vornado Realty Trust, on September 1, formally completed an $11 million exterior rehabilitation of the Hotel Pennsylvania at 401 Seventh Avenue in Penn Plaza.

The plans, pre-filed on December 7, 2001, call for a rehab of the facade of the building.

The project is described in the filings as: facade renovation and upgrade as indicated on drawings including replacement of cornice at roof and storefront at grade. No change in use egress/occupancy. The initial cost as reported in the DOB filing for the work described in this permit application is $11,000,000.

Vidaris, Inc. was the architect listed.

it has long been rumored that Hotel Pennsylvania would be replaced by a supertall skyscraper, with initial renderings released over a decade ago. However, new renderings were released last year for a 2.8-million-square-foot tower, called Penn15, which would be occupied by Facebook. However, no official plans have been filed with the DOB yet.

Direct link to Acris document.LINK

Direct link to DOB document.LINK