Inside the 6 Most Fascinating, Innovative Reconstruction Projects in NYC

Vornado Realty Corp. has reinvented the Penn Plaza area with both Penn 1 and now Penn 2.

It’s an extreme makeover of Seventh Avenue next to Madison Square Garden designed by MdeAS Architects. A rectangle structure was stripped and refitted with a new, multi-story glass “bustle” across its front held up by giant angled footings and a new, triple-glazed glass wall.

“It’s all brand-new construction attached to the existing property,” said Glen Weiss of Vornado.

The lower 12 floors have setbacks with outdoor spaces and every other upper story has loggias on the western corners. The northern end of the bustle on the second floor has a 280-seat, 4,000 square-foot town hall with large screens, a green room and terrace. “It’s a place where our tenants can do anything,” Weiss said.

The property is topped with a 17,582-square-foot outdoor park and pavilion.

Madison Square Garden Entertainment has leased the top seven stories, while Major League Soccer is onboard for 120,000 square feet. Remaining tower floors have asking rents of $110 to $125 per foot.

“There is great action now that the building is open with daily tours and proposals,” said Weiss.

Read the full New York Post article here.

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