The NYT does not have the prize in their possession
http://www.nytco.com/company-awards-pulitzer-note.html
Some of Duranty's editors criticized his reporting as tendentious, but The Times kept him as a correspondent until 1941. Since the 1980's, the paper has been publicly acknowledging his failures. Ukrainian-American and other organizations have repeatedly called on the Pulitzer Prize Board to cancel Duranty's prize and The Times to return it, mainly on the ground of his later failure to report the famine.
The Pulitzer board has twice declined to withdraw the award, most recently in November 2003, finding "no clear and convincing evidence of deliberate deception" in the 1931 reporting that won the prize (see Pulitzer Board statement), and The Times does not have the award in its possession.