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Hotel Pennsylvania saved from the wrecking ball

2013-03-07 23:43:14| Real Estate - Topix.net

Plans to knock down the nearly century-old hotel, where jazz great Glenn Miller and his orchestra broadcast in the 1940s, and replace it with a 67-story office tower are "on the shelf," said Steven Roth, chairman of the Vornado Realty Trust, which has owned the building since 1998.

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