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**SOLD OUT** ULI New York: A Tour of THE PENN DISTRICT: A newly pedestrianized district with sustainability at its core in NYC’s busiest transit, commercial and entertainment hub
Explore THE PENN DISTRICT, a transit rich neighborhood in the center of Manhattan which recently humanized its streetscapes and added acres of green space to its buildings and public gathering areas - sitting directly atop Penn Station and steps from the City’s new Moynihan Train Hall. Property developer Vornado Realty Trust has recently invested $2.4 billion in a sustainable campus filled with mixed-use, pedestrian-friendly plazas and Class A office, curated retail, locally sourced restaurants, and open green space.
To attract newcomers and meet their various needs, the Company transformed the District by including over a half-mile of new sidewalk paving covering more than two acres of green space and open air plazas, and 73,000 square feet of outdoor tenant space. In parallel, the James A. Farley Post Office Building (now the celebrated Moynihan Train Hall) and the adjacent PENN 1 and PENN 2 buildings were entirely renovated and are now cohesive and collaborative destinations focused on health, wellness, hospitality, accessibility, and sustainability. Of note is the district’s full reliance on zero-carbon electricity sourced entirely in-state from renewable resources, and the redevelopment of PENN 2 as a carbon neutral building. That building was also completely reclad with a high efficiency modern curtain wall and new mechanical equipment, as well as new tenant amenities to be shared in concert with PENN 1. Similarly, all PENN 1’s windows were replaced and now have triple pane glazing. Best of all, PENN 1 now offers community space, a fitness center, restaurants, and conference areas.