Welcome to 31 Penn Plaza, a cutting edge office destination located steps from New York’s Penn Station, Herald Square, Lincoln Tunnel, and minutes from Grand Central Station. 31 Penn Plaza has recently been transformed through a $25 million capital improvement plan including a redesigned building entrance and lobby, elevator and base building modernizations, façade and roof restorations, as well as common area and bathroom upgrades. 31 Penn Plaza features efficient 23,000 to 27,000 RSF floor plates, and for a potential large block tenant, up to 105,000 RSF of contiguous available space with dedicated elevators and lobby off 30th Street.
The building has strong new ownership. Vanbarton Group is a privately owned, vertically integrated real estate investment and advisory firm with corporate offices in New York and San Francisco. Vanbarton pursues a domestic major market special situation real estate investment strategy across the debt/credit and equity spectrums, including core plus, value-add and opportunistic equity investments, preferred equity, junior participations, bridge loans, secondary market debt acquisitions and securitized credit.