New York
Inside the $1.6B Moynihan Train Hall redevelopment
It took nearly three decades for the Moynihan Train Hall transformation to reach its destination. The successful conversion of...
Vornado Realty Trust
The Latest
National Issue
A long road ahead for office landlords
Manhattan’s Paramount Group received an unsolicited takeover bid early last month for about two-thirds of what the company was worth prior to Covid. Just a few weeks later, the real estate investment trust’s board...
National
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
National
Vornado halts sale of office towers co-owned with Trump
Vornado Realty Trust has suspended its efforts to sell two trophy office towers that it co-owns with the Trump...
New York Issue
The inside story of the world’s most profitable condo
If not for 220 Central Park South, Vornado Realty Trust’s recent financials would have been a horror show. Vornado,...
National
Office unease: Tenants are paying up but staying away
A pattern has emerged among office landlords reporting their third quarter results: The vast majority of tenants kept up...
New York
Steve Roth: No Democratic sweep is good news for NY real estate
As the possibility of a Democratic sweep fades, Steve Roth says his biggest concern now is “stupid legislation.” The...
National Insights
Remote work threatens cash flows for office REITs
The rise of remote work puts cash flows for U.S. office real estate investment trusts at risk in the...
What tenants are paying at Vornado’s theMART
When Chicago’s Merchandise Mart opened in 1930, it was the largest building in the world. Though it no longer...
National
Trump’s fortune erodes with commercial property decline
Donald Trump’s businesses are on the wrong side of the Covid-19 divide. While the stock market has roared back...
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