The Real Deal
From left: 1740 Broadway, Vornado CEO Steven Roth, Darcy Stacom and Bill Shanahan
The 620,000-square-foot property, which rises 26 stories between West 55th and 56th streets, could go for $600 million, sources tell Crain's.
Tue Jul 29, 2014
White horse removed from White Horse Pike
The iconic statue that sits on a tower at the Historic Lawnside Village shopping center on White Horse Pike has been taken down and is headed to storage indefinitely.
Mon Jul 28, 2014
The Real Deal
Ad platform Yodle sets up HQ at Vornadoa s 330 West 34th
Yodle, a Manhattan-based advertising engine for small businesses, is establishing its new headquarters at Vornado Realty Trust's 330 West 34th Street, The Real Deal has learned.
Thu Jul 24, 2014
New Town Center concept a radical change from previous mall
This rendering, provided to Fairfax County by Vornado Realty Trust in 2009, outlines the new Springfield Town Center surrounded by potential development that could begin after the mall reopens in October.
At Skyline, Fish and Wildlife will be joined by Buffalo Wild Wings
Vornado Realty Trust has landed its first restaurant for the soon-to-be-tweaked future home of the U.S. Fish and Wildlife Service, and it involves neither fish nor wildlife.
Mon Jul 21, 2014
Vornado Realty Trust Price Target Raised to $112.00 at Barclays
The firm currently has an "overweight" rating on the stock. Barclays' target price would suggest a potential upside of 4.21% from the company's current price.
Wed Jul 16, 2014
Vornado Completes $130 Million Financing of Unencumbered Las Catalinas Mall
The 10-year fixed rate loan bears interest at 4.43% and amortizes based on a 30-year schedule beginning in year six.
Vornado eyes two more new Crystal City towers, one office and one residential
Vornado is proposing two stories of retail along 23rd Street S in Crystal City, with a soaring office building above it.
Wall Street Journal
A Tech Hub Treads in a Sea of Bureaucrats
Martin Ringlein recently moved his business to Crystal City in Washington's Virginia suburbs, but that is about all he has in common with the defense agencies and government contractors that for years dominated this area of boxy, low-slung office buildings.
Tue Jul 15, 2014
The Real Deal
Behind the deal: Vornado and Crowna s $700M buy of St. Regis retail
From left: Stanley Chera, 651 Fifth Avenue, St. Regis at 2 East 55th Street, 697 Fifth Avenue and Steven Roth When Vornado Realty Trust and Crown Acquisitions, two of New York's savviest retail investors, announced that they would pay a record price per square foot for a condominium along Fifth Avenue, it sounded like the epitome of the store-space ... (more)
Wide open spaces: Vornado plan to green massive PenPlace
Vornado Realty Trust's proposed PenPlace, its massiveness aside, will have publicly accessible green space.
Mon Jul 14, 2014
Vornado Announces Second Quarter 2014 Earnings Release Date and Conference Call Information
The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, August 5, 2014 at 10:00 a.m. Eastern Time .
New Stores Added to List at Springfield Town Center
Construction is continuing on the new Springfield Town Center - and dozens of new tenants have signed up for leases.
Wed Jul 09, 2014
Vornado to Acquire St. Regis Fifth Avenue Retail
The property has 100 feet of frontage on Fifth Avenue on the Southeast corner of 55th Street, in the heart of the area of Fifth Avenue favored by the world's luxury retailers.
Beverly Connection Fetches $260M
Mark your calendar for RealShare ORANGE COUNTY on August 21 at Hotel Irvine Jamboree Center.
Vornado Completes Sale of Beverly Connection Shopping Center for $260 Million
The sale resulted in a net gain of approximately $44 million, which will be recognized in the third quarter.
Tue Jul 08, 2014
Rizzoli Bookstore's Historic Ceiling Destroyed as Preservation Plan Fails
The demolition of the neoclassical plaster ceiling - which dates back to the building's original use as a Sohmer piano showroom in 1919 - is already underway, along with the demolition of the rest of the 31 W. 57th St. building, workers said.
Mon Jul 07, 2014
The Washington Post
Office REITs Plan Most U.S. Construction in Decade: Real Estate
Office buildings in top U.S. markets are getting so expensive that landlords are choosing to build rather than buy, spurring the most development by real estate investment trusts in at least a decade.
Vornado Realty Trust Rating Reiterated by Zacks
's stock had its "neutral" rating reiterated by Zacks in a research report issued to clients and investors on Monday.
Wed Jul 02, 2014
Destruction Watch: Rizzoli Bookstore Won't Even Be Able to Save Ceilings
Despite the best efforts of preservationists and the community, the Rizzoli Bookstore on 57th Street between Fifth and Sixth avenues was shut down in April and pretty much completely gutted last month , at the hands of Midtown land barons LeFrak and Vornado Realty .