NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower. Vornado's PENN 2Seventh Avenue between 31st and 33rd Streets The Cushman & Wakefield agency team will be led by Bruce Mosler and Josh Kuriloff, who have recently been responsible for more than 7.7 million square feet in office leasing across Midtown Manhattan's burgeoning West Side. PENN 2 has been completely transformed into a world-class office environment geared toward today's leading companies. The $750 million full-building redevelopment includes a highly efficient modern g

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company's Executive Vice President – Head of Capital Markets. Mr. Kirschner reports to Michael Franco, Vornado's President and Chief Financial Officer. Mr. Kirschner brings more than 20 years of experience in financing both existing buildings and new developments, particularly in Manhattan. During his career he has sourced and executed over $35 billion of real estate financings. Prior to joining Vornado, Mr. Kirschner was Managing Director – Finance & Capital Markets at Hudson Realty Capital, an RXR affiliate, for two years and previously served at Brookfi

NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE:VNO) announced today that it released its 2022 Environmental, Social, & Governance ("ESG") report. This ESG report is Vornado's fourteenth consecutive annual report which highlights the Company's industry-leading accomplishments in sustainability and provides key metrics on the Company's ESG priorities. Key ESG achievements include: Procured 100% renewable energy credits (RECs) for electricity directly managed by Vornado in the key markets in which we operate. These RECs include those sourced from hydroelectric, solar and wind facilities located in the States of New York and California.Achieved a 28% reduction in ove

NEW YORK, July 14, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today the appointment of Lauren Brust Moss as the Company's Senior Vice President – Chief Sustainability Officer. Ms. Moss has more than 20 years of experience managing sustainability, energy and capital improvements for large-scale buildings and portfolios, and is recognized as an industry thought leader and advocate on green policy, regulation and compliance. Prior to joining Vornado, Ms. Moss was Senior Vice President at Adai, the administrator of the Fitwel certification program, and previously worked in the sustainability practices at engineering firms NORESCO and Steven Winter Associates. Ms. Moss

NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Deirdre Maddock has been promoted to the position of Senior Vice President, Chief Accounting Officer of Vornado. Ms. Maddock succeeds Matthew Iocco, who will be retiring after 22 years with Vornado. The change continues the transition to Vornado's next generation of leaders. Mr. Iocco will remain with Vornado through December 31, 2021 to assist with the transition. Ms. Maddock currently serves as Vice President, SEC Reporting and Corporate Accounting. Prior to joining Vornado in 2016, Ms. Maddock worked in the audit practice at Deloitte & Touche LLP specializing in real estate and banking. Vo

NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed the previously announced sale to UNIQLO of the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture continues to own 23,832 square feet of retail space (7,416 square feet at grade) at 666 Fifth Avenue consisting of the Abercrombie & Fitch and Tissot stores. The $342 million of net proceeds from the sale were used to partially redeem Vornado's $390 million of preferred equity on the asset. Vornado Realty Trust is a fully-integrated equity real estate inve

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on December 27, 2024 to shareholders of record on December 16, 2024. For 2025, Vornado anticipates continuing its recent common share dividend policy of paying one common share dividend in the fourth quarter of 2025. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Fo

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) reported today: Quarter Ended September 30, 2024 Financial Results NET LOSS attributable to common shareholders for the quarter ended September 30, 2024 was $19,154,000, or $0.10 per diluted share, compared to net income attributable to common shareholders of $52,846,000, or $0.28 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended September 30, 2024 was $99,256,000, or $0.50 per diluted share, compared to $119,487,000, or $0.62 per diluted share, for the prior year's quarter. Adju

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per shareSeries L Cumulative Redeemable$.3375000per shareSeries M Cumulative Redeemable$.3281250per shareSeries N Cumulative Redeemable$.3281250per shareSeries O Cumulative Redeemable$.2781250per share     In each case, dividends are payable on January 2, 2025 to shareholders of record on December 16, 2024. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forward

PARAMUS, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE:ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 4, 2024, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE:VNO), the manager which conducts Alexander's operations, announced it will host its quarterly earnings conference call and an audio webcast on Tuesday, November 5, 2024 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander's may be discussed. The conference call can be accessed by dialing 88

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 4, 2024, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, November 5, 2024 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 1557554. A live webcast of the conference call will be available on Vorn

NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first Manhattan store at 150 West 34th Street in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan. "THE PENN DISTRICT is transforming into a dynamic new District offering the best in class of retail, restaurants and lifestyle offerings. We are excited for Primark to open its first Manhattan location in this vibrant neighborhood," said Ed Hogan, EVP Retail Leasing at Vornado. "As THE PENN DISTRICT is quickly becoming New York's top destination for exceptional shoppin

THE MART3.7 MM SF Property on the River North, Chicago, IL CHICAGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Medline and Vornado Realty Trust (NYSE:VNO) today announced an agreement to expand Medline's presence at THE MART by 110,000 square feet, making it one of the largest tenants at Vornado's iconic, 3.7-million-square-foot property in downtown Chicago. Medline will more than triple its offices in THE MART from 51,000 to 161,000 square feet as part of a single, contiguous space across the majority of the 12th floor, committing to a long term lease with Vornado which will run through 2036. Headquartered in Northfield, Illinois, Medline is the healthcare industry's largest medical-surg

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) reported today: Quarter Ended June 30, 2024 Financial Results NET INCOME attributable to common shareholders for the quarter ended June 30, 2024 was $35,260,000, or $0.18 per diluted share, compared to $46,377,000, or $0.24 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended June 30, 2024 was $148,944,000, or $0.76 per diluted share, compared to $144,059,000, or $0.74 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability liste

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has entered into an agreement to sell UNIQLO the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture owns the fee condominium interest in 17,295 square feet (6,477 square feet at grade) of UNIQLO's 90,732 square foot store. In conjunction with the closing, the pass-through leases between the office condominium owner and the retail joint venture will be terminated. The joint venture will continue to own 23,832 square feet of retail space (7,416 square feet at grade) at 666 Fifth Av