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Re: Hotel Pennsylvania Demolition Begins

Posted by Sir Ray on Tue Sep 25 18:49:59 2007, in response to Re: Hotel Pennsylvania Demolition Begins, posted by Fred G on Tue Sep 25 05:07:21 2007.

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"Maybe they'll erect some luxury condos"
Not sure about that (besides some people posting in this thread about an office tower) as Crain's NY had an article last week about a stop to Office->Condo conversions that were planned around Manhattan, because the condo market is very soft right now, and office tower refurbishment is much cheaper than residental conversion.

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