VNO Talks about the future of the Hotel in 2nd quarter earnings conference call.

Vornado posted their 2nd Quarter earnings, and held a conference call to discuss. No word on Steve Roth’s retirement, but they did cover the current state of the renovations of the Hotel Pennsylvania (currently on hold). Mr. Roth talks about it at time index 1:13:00. “We are getting some very interesting, intriguing incomings as to office tenants that might want that site. So we are going down two paths. Path one Renovation of the Hotel, path two is putting our big toe into the market place for the site and the penn plaza district. We don’t have anything specific that we can go public with.” Roth stated.