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Vornado Realty Trust

2 years ago
Trump Is Said to Abandon Plan for Council on Infrastructure
News 2 days ago
Trump Is Said to Abandon Plan for Council on Infrastructure

Trump had tapped New York developers Richard LeFrak and Steven Roth, whom he described as friends, to lead the infrastructure panel. (Bloomberg)...

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By the numbers: The WeWork effect
News 1 week ago
By the numbers: The WeWork effect

There’s never a dull moment at WeWork. In 2014, the New York City real estate industry’s jaw dropped when the office-sharing start-up raised $150...

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Big Business is slamming Trump for his stance on Charlottesville. Real estate remains largely silent.
News 3 days ago
Big Business is slamming Trump for his stance on Charlottesville. Real estate remains largely silent.

After President Trump blamed “many sides” for the eruption of white supremacist and neo-Nazi violence in Charlottesville, Virginia, the titans of...

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UFC billionaire is mystery buyer of $70M penthouse at 520 Park Avenue
News 3 days ago
UFC billionaire is mystery buyer of $70M penthouse at 520 Park Avenue

Turns out billionaire Frank Fertitta, former owner of the Ultimate Fighting Championship mixed martial arts company, is the buyer of a $70 million...

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Real estate remains largely silent on Trump's Charlottesville stance, even as Big Business slams him
News 3 days ago
Real estate remains largely silent on Trump's Charlottesville stance, even as Big Business slams him

After President Trump blamed “many sides” for the eruption of white supremacist and neo-Nazi violence in Charlottesville, Virginia, the titans of...

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In condo marketing’s game of musical chairs, who’ll be left without a seat?
News 2 weeks ago
In condo marketing’s game of musical chairs, who’ll be left without a seat?

On a Friday morning in the middle of last month, news broke that the residential brokerage Compass had replaced Sotheby’s International Realty as...

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These major landlords are getting into co-living
News 1 week ago
These major landlords are getting into co-living

Co-living is no longer the exclusive domain of t-shirt wearing real estate executives. Major developers like the Durst Organization and Property...

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Government briefs: FBI’s 10-year search for new headquarters nixed, the mayor voices support of controversial Brooklyn development … & more
News 2 weeks ago
Government briefs: FBI’s 10-year search for new headquarters nixed, the mayor voices support of controversial Brooklyn development … & more

Federal government cancels search for new FBI headquarters The General Services Administration is abandoning its $2 billion proposal for a new...

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These were the biggest Manhattan real estate loans in July
News 2 days ago
These were the biggest Manhattan real estate loans in July

The 10 largest real estate loans recorded in July add up to more than $2.5 billion in deals, on everything from commuter rail to luxury condominium...

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One of Trump's most critical councils was just killed off
News 3 days ago
One of Trump's most critical councils was just killed off

President Donald Trump will not move forward with a planned Advisory Council on Infrastructure, a person familiar with the matter said Thursday....

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Barry Sternlicht wants a “train wreck” in Manhattan's luxe market, warns of less global money coming into CRE
News 6 days ago
Barry Sternlicht wants a “train wreck” in Manhattan's luxe market, warns of less global money coming into CRE

Barry Sternlicht sees doomsday waiting at the end of Billionaires' Row. And that could be a good thing for him. Speaking on a second-quarter...

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Investment firm snaps up Trump Modeling space
News 2 weeks ago
Investment firm snaps up Trump Modeling space

It didn't take long for Vornado Realty Trust to fill the space vacated by President Donald Trump's now defunct modeling agency. Vornado has signed...

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NY REIT sells first office property since liquidation for $135M
News 1 week ago
NY REIT sells first office property since liquidation for $135M

The New York REIT has sold an office condo at 50 Varick Street for $135 million, the first deal to close since the company started liquidating....

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By the numbers: The WeWork effect
News 1 week ago
By the numbers: The WeWork effect

There’s never a dull moment at WeWork. In 2014, the New York City real estate industry’s jaw dropped when the office-sharing start-up raised $150...

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How will retail bankruptcies impact CMBS and REITs?
News 5 days ago
How will retail bankruptcies impact CMBS and REITs?

Retailer bankruptcies are expected to only have a “limited” impact on CMBS loans and real estate investment trusts, according to Moody’s. The...

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Finally, action: LaGuardia, Moynihan projects get going
News 1 week ago
Finally, action: LaGuardia, Moynihan projects get going

Gov. Andrew Cuomo, eager to tout progress on transportation amid a bad stretch for his subway system, was in groundbreaking heaven Tuesday. He...

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RXR, Walton Street Capital Tap CMBS Market for 237 Park Avenue Refi
News 1 week ago
RXR, Walton Street Capital Tap CMBS Market for 237 Park Avenue Refi

The loan on RXR Realty and Walton Street Capital’s 237 Park Avenue has been securitized in the Morgan Stanley/ Société Générale-sponsored MSSG 2017...

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10 Must Reads for the CRE Industry Today (August 2, 2017)
News 2 weeks ago
10 Must Reads for the CRE Industry Today (August 2, 2017)

Kushner Cos. has still not secured financing for the redevelopment of 666 Fifth Avenue, reports Reuters. Retail bankruptcies are up 110 percent...

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WeWork inks deal for new FiDi location
News 5 days ago
WeWork inks deal for new FiDi location

UPDATED, Aug. 15, 1:45 p.m.: WeWork may now be busy expanding in China and suing rivals in London, but it still finds time for the less exciting...

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See the limestone-clad 220 Central Park South loom over Central Park
Blog 2 weeks ago
See the limestone-clad 220 Central Park South loom over Central Park

Robert A.M. Stern’s Central Park South skyscraper may not have a publicly revealed completion date yet, but if new construction site photos are...

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By the numbers: The WeWork effect
News 1 week ago
By the numbers: The WeWork effect

There’s never a dull moment at WeWork. In 2014, the New York City real estate industry’s jaw dropped when the office-sharing start-up raised $150...

Share
Chinese overseas RE investment could nosedive this year: Morgan Stanley
News 2 weeks ago
Chinese overseas RE investment could nosedive this year: Morgan Stanley

Chinese overseas real estate investment could fall by 84 percent this year and another 18 percent in 2018 amid a government crackdown on capital...

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RXR Inks 14K-SF Lease With Austrian Bank At 75 Rockefeller Plaza
News 1 week ago
RXR Inks 14K-SF Lease With Austrian Bank At 75 Rockefeller Plaza

RXR Realty has a new neighbor: one of Europe's largest banks. Erste Group Bank AG, a Vienna-based financial services provider, has leased the...

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Beyond Billionaires' Row: the real estate reshaping Manhattan's 57th Street
Blog 2 weeks ago
Beyond Billionaires' Row: the real estate reshaping Manhattan's 57th Street

It doesn’t seem like so long ago that 57th Street was christened “Billionaires’ Row,” with a stream of supertall, super-pricey towers rising like...

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Building an Integrated Tech Network: Managing Data Across Multiple Systems
Blog 1 week ago
Building an Integrated Tech Network: Managing Data Across Multiple Systems

Technology is becoming increasingly important in all aspects of the commercial real estate industry. As that need grows, companies are forced to...

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Owner of large Bronx building gets $52M refi
News 1 week ago
Owner of large Bronx building gets $52M refi

JJ Operating has refinanced their large four-story retail building on Grand Concourse with $52.5 million from Bank of America. The money includes a...

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225-233 Park Avenue South Latest NYC Loan to Hit CMBS Market
News 2 weeks ago
225-233 Park Avenue South Latest NYC Loan to Hit CMBS Market

Orda Management Corp’s loan on 225–233 Park Avenue South is the latest to hit the CMBS market. According to a presale report from Kroll Bond Rating...

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WeWork is raising tons of money as it marches toward Asia
News 1 week ago
WeWork is raising tons of money as it marches toward Asia

Following a Series G funding round that put its value at approximately $20 billion, co-working giant WeWork raised another $500 million for its...

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New York REIT sells 50 Varick Street for $135M
News 1 week ago
New York REIT sells 50 Varick Street for $135M

New York REIT sells 50 Varick Street for $135M By Christian Brazil Bautista •   August 9, 2017 Christian Brazil Bautista 0 Likes 0 Comments Print...

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Amazon invader was fretted about on 15% of S&P 500 earnings calls
News 4 days ago
Amazon invader was fretted about on 15% of S&P 500 earnings calls

Amazon obsession: E-commerce invader was fretted about on 15% of S&P 500 earnings calls Amazon as a topic has been raised on earnings conference...

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