Vornado Realty Trust

https://www.vno.com/

Vornado Realty Trust is a fully integrated equity real estate investment trust (REIT) primarily engaged in the ownership, management, and development of premier office and retail properties. The company's mission is centered on maximizing shareholder value through a focused strategy on high-quality assets, predominantly in New York City. Vornado Realty Trust maintains its headquarters in New York, NY, at 888 Seventh Avenue.

Vornado's portfolio is strategically concentrated in New York City, with a significant emphasis on Manhattan office and high street retail properties, encompassing millions of square feet. Beyond its dominant New York presence, the company also holds substantial assets in other major urban markets, including THE MART in Chicago and 555 California Street in San Francisco. Additionally, Vornado's offerings extend to a residential portfolio in New York City and significant advertising signage in high-visibility locations such as Times Square and the Penn District.

Steven Roth serves as the Chairman of the Board and Chief Executive Officer, leading the company's strategic direction. Vornado is recognized for its strong commitment to sustainability, with a substantial portion of its buildings achieving LEED certification. Recent corporate activities include the announcement of a new $300 million share repurchase program in April 2026 and an agreement to acquire a 49% interest in Park Avenue Plaza for $1.1 billion, with the transaction anticipated to close in the second quarter of 2026. The company continues to solidify its market position by focusing on irreplaceable assets within key urban markets.

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