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They didn't want to demolish it, they were bankrupt. They were legally obligated to liquidate everything they could to pay off their creditors.
by nerfhammer 10y ago
They didn't want to demolish it, they were bankrupt. They were legally obligated to liquidate everything they could to pay off their creditors.
- Aloha 10y agoNo.. thats not right either - Penn Station was demolished in 1962-63 - well before the Pennsylvania and New York Central merged. They did want to demolish it, because of prohibitively high maintenance costs.