Vornado Realty Trust is paying $50M to refinance a 1.2M office tower in its prized Midtown South domain around Penn Station. The REIT locked down a $450M CMBS loan for Penn 11, it announced Wednesday. The five-year interest-only loan has a fixed rate of 6.35% and will mature in August 2030.

Reports of a suspicious package led to parts of New York Penn Station being evacuated and train delays during rush hour Thursday. "As a precaution, Amtrak PD evacuated the concourse due to a ...

News New York Penn Station opens new Seventh Avenue and 32nd Street entrance Top: The old Penn Station entrance at West 32nd Street and Seventh Avenue as it looked in Oct. 2020.

Penn Station on Tuesday received a $72 million federal grant for a sweeping renovation plan to boost amenities -- and try to make it easier for commuters to navigate the New York City transit hub.

The Trump administration is taking the helm of the $7 billion dollar makeover of New York’s Pennsylvania Station, booting the Metropolitan Transportation Authority as the original leader of the ...

Renderings of the proposed redesign for New York City's Penn Station were released on Wednesday, June 28, 2023. The plan, debuted by ASTM, would cost around $6 billion and take six years to ...

A GPS server issue is impacting both Amtrak and New Jersey Transit rail service in and out of New York City Penn Station on Friday morning.

The redesign of the 7th Avenue and 32nd Street entrance at New York’s Penn Station is finally complete — marking the latest in a massive overhaul of the country’s busiest train hub.

A New York City subway flooded, brown water overflowed a New Jersey street and partially submerged vehicles, and the East Coast saw a torrent of rain that broke several rainfall records on Monday. The rainfall was part of a series of storms that set off flash flood warnings from Virginia to Pennsylvania.