Grand Central Terminal Station 100th Anniversary, New York City, United States

Penn Central went into bankruptcy in 1970 in what was then the biggest corporate bankruptcy in American history. Title to Grand Central passed to Penn Central's corporate successor, American Premier Underwriters (APU) (which in turn was absorbed by American Financial Group). The Metropolitan Transportation Authority (MTA) signed a 280-year lease in 1994 and began a massive restoration. Midtown TDR Ventures, LLC, an investment group controlled by Argent Ventures, purchased the station from American Financial in December, 2006.
• Bombing
On September 11, 1976, a group of Croatian nationalists planted a bomb in a coin locker at Grand Central Terminal. The group also hijacked a plane. After stating their political demands, they revealed the location and provided the instructions for disarming the Grand Central Terminal bomb. The disarming operation was not executed properly and the resulting explosion wounded over 30 and killed one NYPD bomb squad specialist.