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VNO's 92.2% New York office occupancy, robust leasing and prime Manhattan investments bolster its outlook, but debt and high interest expenses remain risks.
350 PARK AVENUE 66-story, 1,400 foot trophy tower will deliver more than 1.9 million square feet of world-class office space and luxury amenities – setting a new standard in New York City Citadel Enterprise Americas LLC leases 1.05 million SF Construction is underway NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO), Ken Griffin and Rudin today announced: The closing of their 350 Park Avenue joint venture with ownership comprised of 60% by an affiliate of Ken Griffin, the founder and CEO of Citadel, 36% by Vornado and 4% by Rudin; Execution of a 1.05 million square foot anchor tenant lease with global investment firm Citadel Enterprise Americas LLC; Closing of a $3.3 billion construction loan Construction of the tower is underway. 850,000 SF in the tower's high rise with spectacular panoramic views will be available to the market.
NEW YORK, Oct. 19, 2026 (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, 2026 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 2, 2026, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, November 3, 2026 at 10:00 a.m. Eastern Time (ET).
Vornado Realty Trust (NYSE: VNO - Get Free Report) has earned a consensus rating of "Hold" from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company.
Alexander's (NYSE: ALX - Get Free Report) and Essential Properties Realty Trust (NYSE: EPRT - Get Free Report) are both real estate companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, analyst recommendations, earnings, valuation and profitability. Analyst Recommendations This is a breakdown
Vornado Realty Trust holds a high-quality portfolio but faces pressure from rising interest rates impacting both common and preferred shares. VNO's common stock trades at a price-to-book of 1.37 and a forward AFFO yield of 3.9%, justifying a 'Hold' rating amid a premium valuation and low yield. VNO's preferred stocks yield 8.00%–8.35% and trade below par, but credit risks and rate sensitivity warrant a 'Hold' stance despite attractive income.
Vornado Realty Trust (VNO) Presents at BofA NY Global Real Estate Conference 2026 Transcript
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Vornado (VNO) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?