Vornado Realty Trust News

Not everyone is pardoning Google Inc.'s dust as the Merchandise Mart makes renovations for the arrival of the Internet giant's new mobile solutions unit next year.

Social networking titan Facebook is eyeing a Manhattan expansion and possible relocation, and is considering taking 160,000 square feet at Vornado Realty Trust's 770 Broadway, Crain's reported.

In what is the largest sublease of the year so far, Morgan Stanley has inked a 148,421-square-foot deal at Vornado Realty Trust's 1290 Avenue of the Americas, according to data from commercial real estate firm Cassidy Turley provided to The Real Deal .

Some shareholders of Vornado Realty Trust would like the real estate company to appoint an independent chairman of the board, allow for annual elections of board members and elect members by majority vote, according to non-binding votes announced at today's annual meeting.

Nearly five years after construction ground to a halt at the former Filene's site in Boston's Downtown Crossing leaving a crater in the city's shopping district, the new development team has set a groundbreaking for next month.

Penney's board unchanged despite losses

Vornado Realty Trust and a handful of key Lincoln Road property owners have endorsed South Beach Ace's proposal to modernize the Miami Beach Convention Center.

The priciest office lease deal signed in the first quarter of 2013 was Macy's $620-plus million renewal at 11 Penn Plaza, according to The Real Deal's first-ever quarterly ranking of Manhattan's most valuable leases.

Owners of the sprawling home to businesses including CineBistro, LA Fitness and Pottery Barn began seeking bidders over the past week but have given no listing price, said Madison Marquette senior vice president Chuck Taylor, whose firm is a partial owner.

The company has announced that Michael D. Fascitelli and Michael Ward have resigned their spots on the company's board of directors.

Green Street Advisors' Mike Kirby likes Equity Residential, Taubman Centers and Vornado Realty Trust.

There are a couple of malls in the area that could be accurately described as "Where Happiness Goes to Die" , but Springfield Mall might be in worse shape than any of them.

Vornado Realty Trust chairman Steven Roth could be ousted from the board of J.C. Penney for playing a role in recruiting the retailer's ousted CEO Ron Johnson, the Wall Street Journal reported.

We have been following J.C. Penney Company Inc. off and on since 2011 because Bill Ackman had taken a position in JCP and because Ackman was influential in recruiting Ron Johnson away from Apple Retail in order to become JCP's new CEO to succeed Myron Ullman, who was JCP's CEO from 2004-2011. Although we demurred from taking a stake in JCP, we were ... (more)

Vornado Realty Trust has locked in Whole Foods Market Inc. for its 700-unit residential project on the border of Pentagon City and Crystal City, company leaders said Tuesday in their quarterly earnings call.

Vornado Realty Trust recently reported its first quarter earnings and discussed the following topics in its earnings conference call.

's stock had its "overweight" rating reiterated by investment analysts at JPMorgan Chase in a note issued to investors on Tuesday, Analyst Ratings Network.com reports.

Michael Fascitelli as CEO for an expected short run in the post, deflected analysts' inquiries on the company's first-quarter call May 7 about his second tour as chief executive, but then was persuaded to provide some color.

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The shuttered Springfield Mall under reconstruction in late February. It will reopen in mid-2014 as the $225 million Springfield Town Center.