When you turn 89, and have been neglected by your parents, lets see how good of a shape you wind up being in.
Don't blame the hotel for its current state. They have tried everything they have to make the place better looking. But when Vornado is your owner, what do you expect?
Think of it this way your forced to pay off 24 million in debt that your "parents" acquired, because they got greedy and went on a shopping spree. It wasn't until around 2006 the Hotel even managed to pay off its mortgage with Vorndano.
When you turn 89, and have been neglected by your parents, lets see how good of a shape you wind up being in.
Don't blame the hotel for its current state. They have tried everything they have to make the place better looking. But when Vornado is your owner, what do you expect?
Think of it this way your forced to pay off 24 million in debt that your "parents" acquired, because they got greedy and went on a shopping spree. It wasn't until around 2006 the Hotel even managed to pay off its mortgage with Vorndano.
http://www.vno.com/press/display.phtml?id=2444