Penn Central

Latest stories

7d
CNBC
Trump's empire built with father's network, and nearly $900 million in tax breakshis attention on the failing Commodore Hotel on East 42nd Street, next to Grand
Trump's empire built with father's network, and nearly $900 million in tax breaks
CNBC / Posted 7 days ago
his attention on the failing Commodore Hotel on East 42nd Street, next to Grand Central Terminal. The owner, the bankrupt Penn Central Railroad, was keen to sell. It did not seem like an auspicious plan. The city was in the midst of both its own... Read more
11d
Detroit Free Press
Michigan Trails Week the perfect time to get outdoorsPaint Creek Trail was the first non-motorized rail-to-trail in Michigan; it was
Michigan Trails Week the perfect time to get outdoors
Detroit Free Press / Posted 11 days ago
Paint Creek Trail was the first non-motorized rail-to-trail in Michigan; it was converted to a trail from the former Penn Central Railroad. Open to the public since 1983, the Paint Creek Trail receives over 100,000 visitors annually. “It... Read more
11d
Fortune
Trump Has a Long History of Seeking Political Favors. Here’s How It BeganTrump new very well. At the appointed hour he welcomed Donald Trump, his father
Trump Has a Long History of Seeking Political Favors. Here’s How It Began
Fortune / Posted 11 days ago
Trump new very well. At the appointed hour he welcomed Donald Trump, his father, and Ned Eichler, who was managing the old Penn Central Railroad’s dispersal of properties in Manhattan. Donald wanted to develop them. According to Barrett, Beame... Read more
25d
Baltimore Sun
The right leader for AmtrakAmtrak has been a financial orphan since it was born out of the bankruptcy of P
The right leader for Amtrak
Baltimore Sun / Posted 25 days ago
Amtrak has been a financial orphan since it was born out of the bankruptcy of Penn Central 45 years ago. Passenger rail does not — cannot on most routes — make money, so Congress created Amtrak to take over the passenger trains. The new company got... Read more

People in this news