Hotel Pennsylvania to be renovated, not razed

March 7, 2013 • Business

FILE – In this Feb. 9, 2008 file photo, cars pass the Hotel Pennsylvania on Seventh Ave. in New York. New York’s famed Hotel Pennsylvania will not be knocked down as originally planned. The weak economy caused the hotel’s owner, Vornado Realty Trust, to reinvest in the building, rather than demolish it and build a 67-story office tower as originally planned. (AP Photo/Frank Franklin II)

NEW YORK (AP) — New York’s famed Hotel Pennsylvania is safe from the wrecking ball, rescued by the economy rather than preservationists.

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,” Login to read more

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