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15 Penn Plaza

15 Penn Plaza, also known as PENN15 and Vornado Tower, is a planned supertall office tower to be constructed by Vornado Realty Trust on Seventh Avenue between 32nd and 33rd Streets in the Midtown Manhattan neighborhood of New York City. The building, designed by Foster and Partners, will contain 430 units on 50 floors and 2,200,000 square feet (200,000 m2) of floor space as well as passageways to the adjacent Pennsylvania Station, 34th Street–Herald Square station, and the 33rd Street terminal of the PATH. It was originally planned to be 1,270 feet (390 m) tall and have 61 floors, 20 feet (6.1 m) taller than the mooring mast or spire of the Empire State Building, two blocks east, but plans were reduced in November 2025 to 1,000 feet (300 m) tall, as well as its floor count to 50. The timing of construction will be dependent on market conditions. Vornado is currently exploring using the site for "fashion shows or other temporary uses" until market conditions warrant construction of the building.

History
Zoning approval and controversy Anthony and Peter L. Malkin, owners of the Empire State Building, had requested the creation of a 17-block exclusion zone that would prohibit large buildings from being built that would obstruct views of their historic structure and suggested that the proposed skyscraper be limited to in height. They embarked on what The New York Times described as "a fierce public relations, advertising and lobbying campaign" to derail the project. On August 25, 2010, in a 47–1 vote, the City Council voted to approve construction of the building. In December 2011, the building project was postponed due to low office market rents. On March 4, 2013, Vornado announced that it was abandoning plans to build the tower; instead it will "invest aggressively" into the Hotel Pennsylvania to make it into "a really profitable, really good hotel for our purposes." In August 2014, citing increased interest from tenants, the project was unshelved and the proposed renovation of Hotel Penn was put on hold indefinitely. Still, as of February 2015, Vornado Chairman & CEO Steven Roth was non-committal to the project: "The Hotel Penn is important, but not the main event. The main event is to get the office buildings so that they command higher market ranch than they do currently. And by the way, they are rising with the marketplace, quite smartly, currently. So we're not prepared to commit to what our plan for the Hotel Pennsylvania is." Manhattan Community Board 5 voted against the proposed project in December 2017, citing a request for higher energy efficiency and more public and transit improvements. The New York City Department of City Planning approved the plan, which would allow the building to be 56% larger than standard zoning rules provide under special regulations that encourage the development of high-density office space near transit hubs. Henry Stern, former Commissioner of the New York City Department of Parks and Recreation said the proposed building "could do irreparable harm" to the city. However, Daniel Biederman, president of the 34th Street Partnership joined union and construction officials in saying that "If there's anywhere a building of this size and bulk should be built, it's at Penn Station." Site clearing In April 2021, Vornado again announced plans to demolish the hotel to make way for the new skyscraper, known as Penn15. Demolition of the hotel was underway by January 2022 and was completed by July 2023. After the Hotel Pennsylvania was demolished, Vornado explored using the site for "fashion shows or other temporary uses" until market conditions warrant construction of the building. Vornado briefly considered obtaining a gambling license for a building on the site in 2023, but the plan was dropped amid competition from other developers. In February 2024, Vornado considered a temporary event venue for the site, which might include a 10-story billboard and tennis courts. Vornado again considered developing 15 Penn Plaza in late 2025. ==See also==
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