Posts Tagged ‘Fred Grapstein’

Vornado: Flexibility allows independent hotels to compete

by Eric Stoessel, VP of Marketing |

When you own residential and commercial real estate as well as hotels, it gives you a bit of a different perspective on things. That’s certainly what the guys at Vornado Realty Trust bring, and their strategy behind the 1,700-room Hotel Pennsylvania in the heart of Midtown Manhattan is a testament to their ability to think outside the box.

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