The original sign was nearly destroyed in the December 1992 nor'easter, and by the end of 1993, the entire sign had been removed.
Artkraft Strauss rebuilt the sign in its Manhattan plant, with lettering resembling the original sign.
A city spokesperson was quoted as saying, "To change that sign would mean losing a little bit of the texture of New York".
Because the LPC had still "calendared" the sign for designation, it was still considering the sign as a landmark, and so aspects of the reconstruction had to be approved by the LPC.
By 2000, PepsiCo announced plans to vacate its bottling facility.
PepsiCo, Queens West, and the LPC all advocated for the Pepsi-Cola sign to be preserved, with the LPC holding another hearing on whether to preserve the sign.
PepsiCo moved all its Queens operations to College Point, and the PepsiCo plant's site was subsequently to become part of the northern portion of Gantry Plaza State Park.

PepsiCo sold its bottling plant in 2003.
However, the company stipulated that the sign should remain part of Long Island City's waterfront, and retained ownership of the sign.
PepsiCo also kept ownership of a tract of land near its facility, measuring 200 by 60 feet (61 by 18 m), for the sign.
In 2004, the PepsiCo sign was relocated 300 feet (91 m) to the south, next to Gantry Plaza State Park, and a new base was constructed.
The temporary relocation was necessitated because of the demolition of the plant and subsequent construction of Gantry Plaza State Park.
The process of removal and deconstruction was documented by photographer Vera Lutter.
The sign was then relocated to its original position again in 2008, and was dismantled by late 2008 in preparation for the reinstallation in its permanent position.
In early 2009, the sign was reassembled in its permanent location in Gantry Plaza State Park.
PepsiCo continued to maintain the sign.
The nearby 46-10 Center Boulevard development, within Hunter's Point South immediately east of the park, recessed its lowest eight stories by 21 feet (6.4 m) so that the facade would be 45 feet (14 m) behind the sign.

In late 2015, the LPC hosted a public hearing on whether to designate the Pepsi-Cola sign as a city landmark; most comments supported the designation, but some parties including the sign's owner opposed it.
This was part of a review of 95 listings that had been calendared by the LPC for several decades, but never approved as city landmarks.
The Pepsi-Cola sign was designated a New York City landmark in June 2016.
Under LPC regulations, landmarks typically had to be 30 years old, but the reconstructed sign's design was historically accurate to the original at the time that the latter was destroyed.
A JetBlue logo was temporarily installed under the Pepsi-Cola sign between August and October 2019 as part of a promotion approved by the LPC.
The presence of the JetBlue sign was criticized by residents as well as online commentators.
The original sign was nearly destroyed in the December 1992 nor'easter, and by the end of 1993, the entire sign had been removed. Artkraft Strauss rebuilt the sign in its Manhattan plant, with lettering resembling the original sign. A city spokesperson was quoted as saying, "To change that sign would mean losing a little bit of the texture of New York". Because the LPC had still "calendared" the sign for designation, it was still considering the sign as a landmark, and so aspects of the reconstruction had to be approved by the LPC. By 2000, PepsiCo announced plans to vacate its bottling facility. PepsiCo, Queens West, and the LPC all advocated for the Pepsi-Cola sign to be preserved, with the LPC holding another hearing on whether to preserve the sign. PepsiCo moved all its Queens operations to College Point, and the PepsiCo plant's site was subsequently to become part of the northern portion of Gantry Plaza State Park.
PepsiCo sold its bottling plant in 2003. However, the company stipulated that the sign should remain part of Long Island City's waterfront, and retained ownership of the sign. PepsiCo also kept ownership of a tract of land near its facility, measuring 200 by 60 feet (61 by 18 m), for the sign. In 2004, the PepsiCo sign was relocated 300 feet (91 m) to the south, next to Gantry Plaza State Park, and a new base was constructed. The temporary relocation was necessitated because of the demolition of the plant and subsequent construction of Gantry Plaza State Park. The process of removal and deconstruction was documented by photographer Vera Lutter. The sign was then relocated to its original position again in 2008, and was dismantled by late 2008 in preparation for the reinstallation in its permanent position. In early 2009, the sign was reassembled in its permanent location in Gantry Plaza State Park. PepsiCo continued to maintain the sign. The nearby 46-10 Center Boulevard development, within Hunter's Point South immediately east of the park, recessed its lowest eight stories by 21 feet (6.4 m) so that the facade would be 45 feet (14 m) behind the sign.
In late 2015, the LPC hosted a public hearing on whether to designate the Pepsi-Cola sign as a city landmark; most comments supported the designation, but some parties including the sign's owner opposed it. This was part of a review of 95 listings that had been calendared by the LPC for several decades, but never approved as city landmarks. The Pepsi-Cola sign was designated a New York City landmark in June 2016. Under LPC regulations, landmarks typically had to be 30 years old, but the reconstructed sign's design was historically accurate to the original at the time that the latter was destroyed. A JetBlue logo was temporarily installed under the Pepsi-Cola sign between August and October 2019 as part of a promotion approved by the LPC. The presence of the JetBlue sign was criticized by residents as well as online commentators.
Pepsi-Cola sign