50 years ago Penn Station was demolished

[ezdays]

It always surprises me when a historic structure like that can't be repurposed for something else. But my guess is that at the time the real estate in Manhattan was simply worth more than whatever else they could use the building for.

You got that right. How would you like to buy a condo in downtown Manhattan? I just saw a few, 700 sf for $1,000,000, a 750 sf one was almost $2,000,000. Just think what you'd get for that kind of money here. For 2 mil, one can get around a 5,000 sf house with pool and tennis court on a couple of acres in Paradise Valley. Yeah, no skyscraper views, but who needs that here in the Sonoran Desert? Plus, you have unlimited parking space too.