New YorkApr 18, 2024SL Green, Vornado kick in $100M to extend 280 Park loan$1.1B in debt went to special servicing in December
New YorkDec 5, 2023Moody’s downgrades Vornado’s debt rating to junkAgency cites increased financing costs and ability to pay off debt
New YorkJul 5, 2023Office downturn sparking ground-lease disputesRent resets complicated by slow office sales