Vornado exploring new development options for current site of Hotel Pennsylvania. On January 27, 2009, the Department of City Planning held a public hearing on the draft scope of an environmental impact statement for the proposed developments at 15 Penn Plaza in Manhattan. Bounded by Seventh Avenue to the west, West 33rd Street to the north, and West 32nd Street to the south, the Vornado Realty Trust-controlled property currently houses the 1700-room Hotel Pennsylvania.

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