|Bid||65.21 x 200|
|Ask||65.27 x 200|
|Day's Range||65.19 - 65.78|
|52 Week Range||64.13 - 82.89|
|PE Ratio (TTM)||77.15|
|Forward Dividend & Yield||2.52 (3.75%)|
|1y Target Est||N/A|
Real estate investment trusts have been out of favor recently as investors assess the impact of rising interest rates on the sector. is simple: the REIT's portfolio consists of a unique and unrivaled collection of real estate properties in New York City. Vornado is as close as it gets to being a pure-play New York City real estate company, deriving 89% of its operating profit within some of the scarcest and most valuable submarkets in the world.
A Manhattan office tower co-owned by Kushner Cos. and Vornado Realty Trust had its worst year since the two firms became partners in the building in 2011.
Vornado Realty (VNO) reaches a "handshake" deal to vend off the office tower at 666 Fifth Avenue to Kushner Companies, retaining the retail wing of the building.
Kushner Cos. has reached a “handshake” deal to buy the 49.5% stake in the office tower at 666 Fifth Ave. in Manhattan that it doesn’t already own from its partner Vornado Realty Trust.
Eight months after heart bypass surgery, Vornado Realty Trust Chairman and Chief Executive Officer Steven Roth said he feels “fine” and plans to continue running the company.
Vornado Realty Trust has a “handshake” deal to sell its interest in 666 Fifth Ave. to its partner in the midtown Manhattan office tower, which is Kushner Cos., the firm run by the family of presidential ...
Vornado space heaters are being recalled this week because a certain model can potentially overheat while in use, posing a fire hazard. Other recalled consumer products include toy sets with a battery ...
Vornado Air has recalled 350,000 space heaters sold over the past 8 1/2 years for fire and burn hazards. The recall involves Vornado VH101 Personal Vortex electric space heaters sold in multiple colors ...
The venture behind the commercial redevelopment of the old Farley Post Office Building is focusing on a modern and high-tech use of the 105-year old building as its long-delayed makeover into a grand train ...
REITs have focused on strengthening their portfolios, deleveraging, and capital recycling in the face of higher bond yields and new construction.
Vornado Realty Trust (NYSE: VNO ) is a real estate investment trust considered to be one of New York's premier office and retail landlords with an underappreciated outlook that investors should take advantage ...
Creditors decided they can get more from liquidating assets of the toy seller, the largest in the United States and one of the best known in the world, rather than finding a way to keep the business alive, the person said on condition of anonymity to discuss the private negotiations. The planned closure in coming months is a blow to generations of consumers and hundreds of toy makers that sold products at the chain, including Barbie maker Mattel Inc, board game company Hasbro Inc and other large vendors such as Lego. With shoppers flocking to online platforms like Amazon.com Inc and children choosing electronic gadgets over toys, Toys 'R' Us has struggled to service debt from a $6.6 billion (£4.7 billion) leveraged buyout by private equity firms KKR & Co LP and Bain Capital and real estate investor Vornado Realty Trust in 2005.
Vornado (VNO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Strong New York business and diversified tenant base is anticipated to keep the growth momentum alive for Vornado Realty (VNO). However, asset pruning efforts are likely to tamper growth in near term.
GlaxoSmithKline PLC (GSK), Equity Residential (EQR), Campbell Soup Co. (CPB) and Vornado Realty Trust (VNO) have declined to their respective three-year lows
Kushner Cos. is negotiating to buy the portion it doesn’t already own of 666 Fifth Ave., the financially ailing Manhattan office tower that last year became a lightning rod for criticism of conflicts between ...
The family real estate company once run by White House adviser Jared Kushner is in talks to buy out its partner in a Manhattan skyscraper that has been losing money for years. Kushner Cos. is negotiating ...
The property, a 41-story tower at 666 Fifth Avenue in Midtown Manhattan, has been at the heart of scrutiny over potential conflicts of interest involving Jared Kushner, who is married to Trump's daughter and is a top aide to the president. Christine Taylor, a spokeswoman for Kushner Cos, said the company was in talks to purchase the 49.5 percent stake in the office portion of the building held by Vornado, confirming an earlier report by the Wall Street Journal.
JBG Smith announced Monday it has closed a deal with a joint venture partner for a major equity stake in a $225 million Dupont Circle office project. “This transaction represents continued interest from institutional investors in high-quality assets in the Washington, D.C., market, and is consistent with our strategy to bring in well capitalized partners, deleverage our balance sheet, and position JBG Smith for future growth opportunities within our portfolio,” JBG Smith CEO Matt Kelly said in a statement. JBG Smith (JBGS) will develop, manage and lease the property, which will include an 8,000-square-foot indoor-outdoor rooftop amenity space and a triple-height column-free lobby.
Kushner Cos. says it’s negotiating to buy the 49.5 percent of a debt-laden office tower on Manhattan’s Fifth Avenue that it doesn’t already own from partner Vornado Realty Trust.
In past annual shareholder reports, Urban Edge Properties routinely delivered warnings about the impact of retailer distress and bankruptcies on its business, but in its 2017 annual report, the real-estate ...