NEW YORK | Penn 15 (401 7th Ave) | 1,200 FT | 61 FLOORS

New York Proposed
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NE corner

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The one with the bacon avocado sign and the Sbarro? That’s the NE corner of 33rd and 7th.

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Yes it’s covered in netting last time I saw it.

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That’s interesting because that building still isn’t owned by Vornado and the owner has been clear that they are not willing to sell. So I wonder what the netting is for, if it’s for demolition and they plan to build something else there on their own that’s gonna suck because then Site 6 will not be a complete assemblage as intended and will have to wrap around that site.

Have the screens also been covered/turned off?

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Thanks. That would be a dream, but I checked ACRIS and that PoS hasn’t been sold. It’s possible that the deed just hasn’t been put online yet. I’m not holding my breath though.

Anyway, this area has two glaring Achilles Heels: this block and the one between 33rd and 34th on the west side of Seventh (below). Vornado owns the latter. They should forego revenue and build a temporary park until they’re ready to build an office tower.

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As of yesterday.

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:frowning::frowning::frowning::frowning::frowning:

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If that’s yesterday I must be wrong. I may have been looking at the hotel and thought it was the next block. I was looking casually from a few blocks further downtown. I thought it was weird that they would put up netting after installing that giant screen.

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Just really hope this doesn’t sit as an empty lot for 5-10 years.

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There is no reality where a site with this one’s proximity to a major commuter hub stays an empty lot for very long. All they had to do to get the ball rolling was demo the old building. They never took that step. Now they’ll have a shovel ready plot of land right next to Penn Station that companies will line up to call their home.

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Idk why but I find it so funny that the whole building is in a black death shroud except for the giant verizon ads

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Surely someone here can come up w/a joke about Verizon and a lack of coverage.

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I of course hope you’re right. Time will tell

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Vornado’s statement didn’t mention a partner, but a source confirmed that chairman Steven Roth is talking to Midwest gaming mogul Neil Gary Bluhm, the managing principal of Walton Street Capital, who has a net worth estimated by Forbes at $6 billion.

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Because nothing classes up the joint like a casino.

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The area isn’t nice anyway.

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But we don’t need to be resigned to it being a dump forever. A casino is not a step in the right direction to improving the area.

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In twenty years, it will be amazing. The area around GCT was a dump in the 90s, and now, it’s magnificent.

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