Pennsylvania Station

Penn Station East Coast Subs Named a Top 100 Franchise for Women by Franchise Business Review

Retrieved on: 
Tuesday, March 12, 2024

CINCINNATI, March 12, 2024 /PRNewswire-PRWeb/ -- Penn Station East Coast Subs, a leading fast-casual sandwich restaurant franchise, has been recognized by Franchise Business Review as a 2024 Top Franchise for Women. Only 100 brands were named to the annual list of award winners.

Key Points: 
  • CINCINNATI, March 12, 2024 /PRNewswire-PRWeb/ -- Penn Station East Coast Subs , a leading fast-casual sandwich restaurant franchise, has been recognized by Franchise Business Review as a 2024 Top Franchise for Women .
  • Penn Station was among 350 franchise brands, representing over 8,500 female franchise owners, that participated in Franchise Business Review's research on the Top Franchises for Women.
  • "We are very proud to be named as a top franchise for women by Franchise Business Review this year," said Penn Station Chief Operating Officer Craig Dunaway.
  • "Franchising is a terrific option for women seeking business ownership on a full- or part-time basis," said Michelle Rowan, president and COO of Franchise Business Review.

Madison Realty Capital Originates $133 Million Mortgage Loan for 379-Unit Hotel in Manhattan’s Hudson Yards

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $133 million mortgage loan to an affiliate of Marx Development Group for the completion of a 51-story, 379-key full-service luxury hotel located at 450 Eleventh Avenue in the Hudson Yards neighborhood of Manhattan.

Key Points: 
  • NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $133 million mortgage loan to an affiliate of Marx Development Group for the completion of a 51-story, 379-key full-service luxury hotel located at 450 Eleventh Avenue in the Hudson Yards neighborhood of Manhattan.
  • Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “We are pleased to provide flexible financing to Marx Development, a repeat borrower and established developer with a vast portfolio spanning multiple asset classes.
  • Hudson Yards is one of Manhattan’s most dynamic neighborhoods, rapidly evolving into a business epicenter surrounded by an abundance of restaurant and retail opportunities.
  • Upon completion, the hotel will comprise a unit mix of 61 double queens, 267 kings, 41 king corner suites, four luxury suites, and six luxury duplex suites with unobstructed views of the Hudson River.

Vornado Realty Trust Announces Famed Avra Group Will Open a New 20,000 SF Restaurant in THE PENN DISTRICT

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.
  • Avra Estiatorio in THE PENN DISTRICT will be reminiscent of a classic Mediterranean restaurant with an elegant design led by Rockwell Group Partner and Studio Leader Shawn Sullivan.
  • We are confident Avra will exemplify the standards of THE PENN DISTRICT through top-notch cuisine, exquisite design, and unparalleled service,” said Ed Hogan, Executive Vice President for Retail Leasing at Vornado Realty Trust.
  • The Avra Group was represented by Gary Trock at CBRE and Vornado was represented in house by Ed Hogan.

Penn Station East Coast Subs Taps Sparkfly to Build Best-In-Class Customer Engagement Ecosystem

Retrieved on: 
Tuesday, March 5, 2024

Penn Station East Coast Subs , a fast-casual sandwich franchise, has selected Sparkfly , an award-winning retail technology solutions company, to build a world-class digital customer engagement ecosystem.

Key Points: 
  • Penn Station East Coast Subs , a fast-casual sandwich franchise, has selected Sparkfly , an award-winning retail technology solutions company, to build a world-class digital customer engagement ecosystem.
  • Penn Station will leverage Sparkfly’s Offer & Reward Management Platform, Middleware and Digital Wallet solutions to connect with customers across various digital channels, track objective attribution from marketing efforts to actual purchases, and create personalized experiences and rewards.
  • This data-driven approach will enable Penn Station to understand their customers and drive sales.
  • “We look forward to working with Penn Station’s amazing leadership team and franchise ownership community to elevate the guest experience and exceed expectations at every touchpoint.”
    The initial phase of this digital transformation is set to go live in Q1 2024 across all Penn Station locations.

Manhattan Mini Storage Takes Over Management of Former Public Storage On West 29th Street

Retrieved on: 
Tuesday, March 5, 2024

NEW YORK, March 5, 2024 /PRNewswire/ -- Manhattan Mini Storage, the largest storage provider in New York City, proudly announces that the former Public Storage building at 155 West 29th Street is now managed and operated by Manhattan Mini Storage.

Key Points: 
  • NEW YORK, March 5, 2024 /PRNewswire/ -- Manhattan Mini Storage, the largest storage provider in New York City, proudly announces that the former Public Storage building at 155 West 29th Street is now managed and operated by Manhattan Mini Storage.
  • The addition of this property to the Manhattan Mini Storage brand marks the twenty-first location in the boroughs with eighteen properties in Manhattan, two in Brooklyn, and one in Queens.
  • Manhattan Mini Storage takes over former Public Storage on 29th Street in New York City, NY.
  • Manhattan Mini Storage on 29th St has made the following enhancements:
    Alex Burnam, Senior Vice President for Manhattan Mini Storage, expressed enthusiasm for this newest acquisition , "Manhattan Mini Storage is as New York as it gets when it comes to living in the city.

Penn Station East Coast Subs Named a 2024 Top Franchise by Franchise Business Review

Retrieved on: 
Wednesday, February 14, 2024

CINCINNATI, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Penn Station East Coast Subs, a leading fast-casual sandwich restaurant franchise, was recently named a Top Franchise for 2024 by Franchise Business Review. This is the 19th annual ranking of the 200 best franchise opportunities as rated by franchise business owners. The list is available at https://franchisebusinessreview.com/lists/top-200-franchises/.

Key Points: 
  • CINCINNATI, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Penn Station East Coast Subs , a leading fast-casual sandwich restaurant franchise, was recently named a Top Franchise for 2024 by Franchise Business Review.
  • Penn Station was among more than 375 franchise brands, representing over 35,000 franchise owners, that participated in Franchise Business Review's research.
  • "We are extremely proud to be recognized by Franchise Business Review as a top franchise for 2024," said Penn Station Chief Operating Officer Craig Dunaway.
  • That's extremely encouraging news for franchise owners and anyone considering investing in a franchise," said Michelle Rowan, president and COO of Franchise Business Review.

ProShares Announces that ProFunds Distributors Opens NYC Office at The Spiral Hudson Yards, Strengthens Commitment to New York Talent Market

Retrieved on: 
Wednesday, February 7, 2024

ProShares announces the opening of ProFunds Distributors’ (“PDI”) NYC office location at The Spiral in the Hudson Yards complex, a sign of the firm’s success and dedication to the NYC market.

Key Points: 
  • ProShares announces the opening of ProFunds Distributors’ (“PDI”) NYC office location at The Spiral in the Hudson Yards complex, a sign of the firm’s success and dedication to the NYC market.
  • “Amid such a pivotal time in the ETF market, it’s critical for us to attract top talent in the industry,” says CEO Michael L. Sapir.
  • “This best-in-class NYC office space in a premier building positions our firm and employees at the forefront of the industry.”
    PDI will be located at the 28th floor of Tishman Speyer’s Spiral, a landmark 66-story skyscraper in Hudson Yards.
  • The Hudson Yards location, a five-minute walk to Penn Station, offers excellent access to transportation options.

Culture House Opening First Adult-Use Cannabis Dispensary in Midtown Manhattan February 2024

Retrieved on: 
Wednesday, January 31, 2024

Culture House today announced the opening of its first retail location in Midtown Manhattan.

Key Points: 
  • Culture House today announced the opening of its first retail location in Midtown Manhattan.
  • Located at 958 Sixth Ave, across the street from Macy’s Flagship Store, the iconic blue building was formerly the Cookies Clothing Store.
  • Culture House is a fully licensed dispensary, open 7 days a week and features a sought-after suite of authentic, lab-tested cannabis products, now available to adults 21 and older.
  • The building’s first two floors have been beautifully built out with a state-of-the-art cannabis retail experience.

Bahamas Ministry of Tourism Rolls Out Branding Domination at New York Penn Station

Retrieved on: 
Tuesday, January 9, 2024

NASSAU, Bahamas, Jan. 9, 2024 /PRNewswire/ -- On the heels of a record-breaking year in tourism, the Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) on 2 Jan. rolled out an expected month-long brand domination at New York Penn Station. The activation will see the placement of some 200 eye- catching giant size Bahamas posters at strategic locations throughout the busiest rail hub in the United States. The advertising campaign aims to heighten visibility of The Islands of The Bahamas brand during peak travel season and drive increased visitor traffic to the destination from the U.S. Northeast, the country's number one source market. The brand domination will run 2 - 29 Jan.  

Key Points: 
  • NASSAU, Bahamas, Jan. 9, 2024 /PRNewswire/ -- On the heels of a record-breaking year in tourism, the Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) on 2 Jan. rolled out an expected month-long brand domination at New York Penn Station.
  • The brand domination will run 2 - 29 Jan.
    BMOTIA has partnered with JetBlue Vacations to run a sweepstake in tandem with The Bahamas activation at New York Penn Station.
  • The Bahamas giveaway will be featured on some of the poster board placements throughout the station to make the activation more interactive.
  • I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation, said: "Our tourism business is in robust growth mode.

Vornado Realty Trust Names Cushman & Wakefield to Launch Leasing Program at Reinvented PENN 2 Office Tower in the Heart of Vornado’s PENN DISTRICT Campus

Retrieved on: 
Monday, January 8, 2024

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.
  • PENN 2 has been completely transformed into a world-class office environment geared toward today’s leading companies.
  • “We are excited to partner on PENN 2 with Cushman & Wakefield to continue our momentum in the PENN DISTRICT.
  • The PENN DISTRICT campus is situated directly above North America’s most accessible and active mass transit hub.