Vornado Realty Trust
People:
Vornado Realty Trust portfolio
$9.3 billion – office 60.0%, condo 24.0%; Manhattan 99.0%, Bronx 0.0%
6th largest portfolio by dollar value
18,899,531 sqft – office 64.0%, condo 18.0%;
11th largest by SF
90 properties – Manhattan 93%, Bronx 3%
73th largest
25 residential units – Manhattan 100.0%, Bronx 0.0%
773th largest by residential units
0 foreclosures, 1 bankruptcy, 15 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $40 million
Seller company: 6 for $211.1 million
Borrower company: 4 for $1.1 billion
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Reuben Brothers (7), JPMorgan Chase (4), KPG Funds (2), LaSalle Investment Management (2), Goldman Sachs (2), Morgan Stanley (2), Landesbank Baden-Wurttemberg (2), Citibank (2), Deutsche Bank (2), Portfolio4 LLC (1)
Top Ten Associated People:
Eric S. Orenstein (4), Gregory Kraut (2), Eileen Sawyer (2), Paul Xuereb (1), Brandon Atkins (1), David Bistricer (1), David Werner (1), Elisabeth Cohen (1), Robert Grossman (1), Jiashu Xu (1)
Latest Stories:
• Billionaire Garavoglia family borrows $34M against six Manhattan properties (July 19, 2024)
• Vornado, Blackstone, Hudson Pacific memorialize deal with city for Pier 94 (September 12, 2023)
Litigation: