Vornado Realty Trust News

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.

This city is finally preparing to heal a hole in its heart: the site of the former Filene's department store that for more than three years has been a stalled real-estate development in the center of downtown.

What's in the foreclosure deal for New York. [Journal] Speaker Quinn wants to force landlords to fix their busted buildings.

At Bill Ackman's Harbor Investment Conference last week, the hedge funder posed a question to one of his guest speakers, Steven Roth of Vornado Realty, on "What makes a great negotiator?" The famed real estate mogul Roth gave a very simple answer of 3 steps - establish the price of the product carefully, move in very small increments and understand ... (more)

The long legal stand-off between Vornado Realty and the preservation crew working to protect the landmarked Manufacturers Hanover Trust building at 510 Fifth Avenue was finally settled this week, just in time for Valentine's Day.

A sculptural screen of 800 floating metal panels by the artist Harry Bertoia will be returned to its home at 510 Fifth Avenue as part of a legal settlement that was made public on Wednesday.

ON FRIDAY, Mayor Tom Menino announced an end to Boston's longest-running development soap opera.

FOR THE first time in more than three years, there is reason to believe that the hideous crater in Downtown Crossing will be filled with a legitimate development project run by a credible developer.

A proposed liquor store that was planned for a strip mall near the Walmart aroused questions last year from residents concerned that the traffic, congestion, and accidents in the area could only increase.

Boston has suffered through several years of the once-beloved Filene's department store site being a huge hole in the ground in Downtown Crossing, but no more, developers are saying.

The Globe reports Millennium Partners has struck a deal with the owner of the Hole to actually build a tower on the negative space on Washington Street.

STEVE ROTH is smarter than you, which is why he made loads of money last year. Huge, filthy piles of money! Also, he can help you score Broadway tickets.

With a potential casino in East Boston and the pit in the middle of Downtown Crossing as backdrops, tensions are flaring between the Menino administration and City Council President Stephen Murphy.

In the last three months of 2011, New York City real estate executives gave more than six times as much to Republican political committees as Democratic groups, a review of federal election documents released yesterday shows.

Mitt Romney's thumping victory in Florida on Tuesday was due in part to the wave of negative ads barraging his opponent, Newt Gingrich, in the week before the primary.

On a recent night in a pedestrianized square close to Penn Plaza, a group of intimidating-looking men drink beer from brown paper bags, swearing loudly.

The commercial real estate sector has been on fire since October 4, 2011. At that time, the iShares Dow Jones Real Estate ETF traded as low as $46.70 a share.

MAC Cosmetics is in talks to lease a small store for what could be the highest rent ever paid in Manhattan.

The demolition of the former Filene's site left a hole in Downtown Crossing. Vornado halted construction of a $700 million tower after it lost financing in the global economic downturn.

The Federal Reserve of New York has stepped in to buy 33 Maiden Lane, a 570,000 square foot downtown skyscraper that the Fed uses for a portion of its Manhattan offices.