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The developer William Zeckendorf Jr. bought the Statler Hilton in 1979, after which the hotel was operated by Dunfey Hotels and renamed the New York Statler. The hotel was sold again in 1983 to a joint venture, renamed the New York Penta, and renovated extensively. The hostelry was renamed several times in the 1990s, eventually becoming the ...
The New York Daily News reported in June 1975 that the New Yorker owed the second-most real-estate taxes of any building in New York City, with $1.8 million in back taxes. [ 155 ] A syndicate led by Irving Schatz had acquired a purchase option for the hotel by early 1976; at the time, the New Yorker's only occupant was a ground-level bank ...
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In 1987, a rail connection to the West Side Rail Yard opened, [40] and in 1991, the opening of the Empire Connection allowed Amtrak to consolidate all of its New York City trains at Penn Station and save $600,000 a year in fees; [41] [42] [43] previously, trains from the Empire Corridor terminated at Grand Central Terminal, a legacy of the two ...
The Hyatt Grand Central New York is a hotel located at 109 East 42nd Street, adjoining Grand Central Terminal, in the Midtown Manhattan neighborhood of New York City.It operated as the 2,000-room Commodore Hotel between 1919 and 1976, before hotel chain Hyatt and real estate developer Donald Trump converted the hotel to the 1,400-room Grand Hyatt New York between 1978 and 1980.
One Penn Plaza in May 2005 14 Penn Plaza in September 2013. Pennsylvania Plaza (Penn Plaza) is a complex of 14 buildings in Midtown Manhattan, New York City, including New York Penn Station and Madison Square Garden. [1] It is one of the busier transportation, business, and retailing areas in Manhattan.