Overview
- Vornado named Newmark as exclusive leasing agent to create a cohesive street-level retail corridor on Seventh Avenue between West 33rd and 34th Streets.
- Primark’s 78,000-square-foot flagship is slated to open this spring alongside Macy’s as key anchors for the corridor.
- Vornado has assembled parcels on the block and plans phased demolition starting later this year with completion targeted for 2027, according to published reports.
- New storefronts are planned as three-level retail boxes aimed at national and local retailers rather than restaurant or fast-food uses, based on reporting.
- The retail push builds on prior Penn District investments that include more than 5 million square feet of office redevelopment, over 300,000 square feet of public plazas, and upgrades to Moynihan Train Hall and the LIRR concourse, with longer-term tower plans under discussion for the former Hotel Pennsylvania site.