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Old Posted Oct 8, 2015, 9:02 PM
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Eidolon Eidolon is offline
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The new Hudson Yards station is scooping up business
By Steve Cuozzo
October 5, 2015

But Penson’s air rights seem anything but worthless. He can sell them to owners of at least five nearby development sites — the Roosevelt Hotel, MTA headquarters on Madison Avenue, 237 Park Ave., the Grand Hyatt Hotel and 355 Madison Ave.

My colleague Lois Weiss previously reported that 355 Madison owner Howard Milstein indeed might buy Penson’s air rights to build a larger tower.
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