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Vornado to Exit J.C. Penney Investment

2013-09-16 16:19:00| National Real Estate Investor

The REIT currently owns 6.1 percent of the retailer's stock. TrafficCourt read more

Toys 'R' Us Exit Got Vornado Stumped?

2013-08-07 17:26:00| National Real Estate Investor

It may have seemed like a great deal in the mid-2000s, but it appears as though Vornado Realty Trust might be facing a challenge in how to make money off its investment in the Toys 'R' Us retail chain in the new market environment. Earlier this year, it became clear that a profitable IPO would not be in the cards for some time. TrafficCourt read more

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Vornado Sells Remaining Stake in Boston's Downtown Crossing

2013-04-25 20:24:00| National Real Estate Investor

Millennium Partners now owns 100 percent of the project. TrafficCourt read more

Tags: remaining downtown crossing sells

Vornado Enters Agreement to Sell Harlem Park Land for $65M

2013-04-24 02:45:00| National Real Estate Investor

Vornado Realty Trust, which has an administrative office in Paramus, N.J., has entered into an agreement to sell a parcel of land located at 1800 Park Ave. in New York City for $65 million plus additional amounts, which may be received for brownfield credits. read more

Tags: land sell park agreement