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Vornado Realty Trust News

News on Vornado Realty Trust (Ticker: VNO) continually updated from thousands of sources around the net.

Wednesday Apr 16 | Freshnews

Spinoffs Soar 70%, Unlocking Reckitt Benckiser, Baxter, Vornado...

Spinoffs Soar 70%, Unlocking Reckitt Benckiser, Baxter, Vornado Realty, Hertz and Consumer Staples Stocks for New Investors - TSR LONDON & NEW YORK -- -- With a +37% return achieved on average two-years post separation / break-up, Corporate Spinoffs are fast moving to the forefront of investment growth strategies used by prominent money managers as ... (more)

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Related Topix: Real Estate, Financial Markets

Wednesday Apr 16 | Matrix

[Video] Steve Witkoff on future of Helmsley Park Lane Hotel

Daniel Geiger of Crains New York Business interviews well know developer Steve Witkoff on his plans for the Park Lane Hotel , formerly owned by Leona and Harry Helmsley .

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Related Topix: Real Estate

Tue Apr 15, 2014

Seeking Alpha

Oh, Ho, Ho, It's New York REIT, You Know

Today, Nick Schorsch takes the stage again in his 6th liquidity event, and this magic is close to home in New York City.

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Related Topix: REIT, Personal Finance, New York, Healthcare, Startups, SL Corp, Real Estate, Manhattan, NY, New York, NY

Mon Apr 14, 2014

The Verona-Cedar Grove Times

Toys a Ra Us leveraged like a 05 as loss mounts

Toys "R" Us' debt ratios returned to levels last seen following its $6.6 billion leveraged buyout in 2005, underscoring heightened concern among investors that the retailer may not be able to recover from its biggest loss in nearly three decades.

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Related Topix: Real Estate, Financial Services, Moodys, Financial Markets, Retail, Wal Mart Stores

AmericanBankingNews.com

Citigroup Inc. Increases Vornado Realty Trust Price Target to $110.00

The firm currently has a "buy" rating on the stock. Citigroup Inc.'s price objective would suggest a potential upside of 12.07% from the stock's previous close.

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Related Topix: Real Estate

The Washington Post

Paul Singh on Crystal City, Silicon Valley and the 'unsexy' truth about venture capital

Paul Singh, the founder of Crystal Tech Fund , speaks with with Sen. Mark Warner and Vornado's Mitchell Schear during a tour of the new headquarters in Crystal City on April 10, 2014.

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Related Topix: Venture Capital, Emerging Technology, Real Estate, Ashburn, VA, Business News

GlobeSt.com

Vornado Plans Shopping Center Spinoff

Start each day with GlobeSt.com's National AM Alert for original coverage of the latest transactions and trends shaping the commercial real estate industry.

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Related Topix: Real Estate, REIT, Personal Finance, Equity One, Beverly Hills, CA

Fri Apr 11, 2014

DNAInfo.com

Locals Demand Protections for 57th Street on Rizzoli Bookstore's Last Day

As deal-hunting customers streamed in and out of the Rizzoli Bookstore on its last day, neighborhood activists and politicians said they fear its closure could lead to a "canyon of glass and steel towers" along 57th Street.

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Related Topix: Real Estate

The Verona-Cedar Grove Times

Bergen Town Center in Paramus among Vornado spinoff properties

Vornado Realty Trust will spin off its U.S. strip shopping centers into a new publicly traded real estate investment trust as part of an effort to focus primarily on properties in New York and the Washington area.

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Related Topix: Real Estate, Equity One, REIT, Personal Finance

Benzinga

Vornado Confirms Will Spin Off Shopping Center Business

VORNADO REALTY TRUST announced today its Board of Trustees has approved a plan to spin off its shopping center business consisting of 81 strip shopping centers and four malls into a new publicly traded REIT .

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Related Topix: Real Estate, REIT, Personal Finance

Business Journal

Springfield Town Center update: More retailers, more construction progress

When last we visited the Springfield Town Center, Vornado Realty Trust had agreed to sell the massive asset to a Pennsylvania-based REIT for a cool $465 million.

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Related Topix: Real Estate

Thu Apr 10, 2014

DNAInfo.com

Rizzoli Bookstore Interior Won't Be Landmarked, Officials Say

Manhattan Borough President Gale Brewer filed an application last month to give landmark status to the 109-year-old building's interior after the commission declined to protect the building as a whole .

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Related Topix: Real Estate

The Washington Post

Disruption Corp.'s Paul Singh launches N.Va. venture fund for established tech firms

Seven years ago, Paul Singh left the Washington suburbs for Silicon Valley, where he built a start-up investment empire that helped hundreds of technology ventures get started.

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Related Topix: George Mason University, Mountain View, CA, Real Estate, Business News

Wed Apr 09, 2014

The Real Deal

Tech company takes more space at 90 Park Avenue

Financial data company FactSet Research has renewed its lease and expanded its 90 Park Avenue spread by 40,000 square feet.

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Related Topix: Computers, FactSet Research Systems, Media, IT Services, Real Estate

The Miami Herald

NY in accord for disabled shoppers' parking access

New York's attorney general has reached an agreement with Vornado Realty Corp. to pay $70,000 and ensure disabled drivers' access to parking in lots and garages at 20 shopping centers the company owns around the state.

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Related Topix: Real Estate

Tue Apr 08, 2014

LongIsland.com

AG Schneiderman Secures Agreement with Major Commercial Real Estate...

Parking Lots and Garages in Up to 20 Retail Outlets in NYS to Be Upgraded to Meet Accessibility Requirements New York, NY - April 8, 2014 - Attorney General Eric T. Schneiderman today announced an agreement with Vornado Realty Corporation, one of the largest owners and managers of commercial real estate in the U.S., that will ensure that ... (more)

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Related Topix: York, NY, Real Estate, us Travel, Travel, New York, Law, Employment / Labor Law

Long Island Business News

Disability-access review set for LI shopping centers

Twenty New York shopping centers owned by national commercial real estate giant Vornado Realty Group will be re-evaluated to meet disability access standards, as part of a settlement announced today by New York State Attorney General Eric Schneiderman .

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Related Topix: Real Estate, Law, Employment / Labor Law, Hicksville, NY

GuruFocus.com

Weekly 52-Week Highs Highlight: DPS, VNO, EIX, ADM, TOT

According to GuruFocus list of 52-week highs ; Dr. Pepper Snapple Group Inc., Vornado Realty Trust, Edison International, Archer-Daniels Midland Company and Total SA have all reached their 52-week highs.

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Related Topix: Total Sa, Oil & Gas, Food, Agriculture, ADM, Real Estate, Edison International, Energy, Financial Markets

Mon Apr 07, 2014

DNAInfo.com

Last-Minute Landmarking Bid Could Save Rizzoli Bookstore Building

The historic Rizzoli Bookstore is closing its doors Friday after nearly 30 years on West 57th Street - but its longtime home has one last chance to be saved.

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Related Topix: Real Estate

Thu Apr 03, 2014

Fairfax Times

Springfield Town Center owners agree to sell

New York–based Vornado Realty Trust announced in a news release last month that once renovations are complete it will sell the property to Pennsylvania Real Estate Investment Trust in exchange for $465 million, including $340 million in cash and $125 million of “PREIT operating partnership units.” According to a PREIT news ... (more)

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Related Topix: Real Estate, Pennsylvania Real Estate Investment Trust, Retail, Dicks Sporting Goods, Sporting Goods

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