Vornado Realty Trust

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Vornado Realty Trust (NYSE: VNO) is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's.

Contents

[edit] History

On February 15, 2001, the Port Authority announced that Vornado Realty Trust had won the lease for the World Trade Center, paying $3.25 billion for the 99-year lease.[1] Silverstein Properties was outbid by $50 million by Vornado. However, Vornado later withdrew and Silverstein's bid for the lease to the World Trade Center was accepted on July 24, 2001.

Vornado, which announced plans to buy the Manhattan Mall in Herald Square in November 2006, is also part of the development team picked by New York state to turn the James Farley Post Office into an extension of Penn Station. Though the Farley conversion is now stalled, Vornado and its partner, The Related Companies, are also pushing a much larger project. It would tack a new Madison Square Garden on the Ninth Avenue end of the post office complex and replace the existing arena with office towers and a new Penn Station. [1]

[edit] Major holdings

[edit] Divisions

Vornado Realty Trust controls over $20 billion in assets, including $12.7 billion in real estate net of depreciation and amortization, $2.8 billion in cash, and $1.5 billion of investments as of 3Q07. These holdings are divided into the following divisions:

[edit] New York Office

  • 1290 Avenue of Americas
  • 20 Broad Street
  • 770 Broadway
  • 1740 Broadway
  • 150 East 58th St
  • 640 Fifth Avenue
  • 689 Fifth Avenue
  • 40 Fulton Street
  • 731 Lexington Avenue
  • 330 Madison Avenue
  • 595 Madison Avenue
  • 90 Park Avenue
  • 350 Park Avenue
  • One Penn Plaza
  • Two Penn Plaza
  • 11 Penn Plaza
  • 888 Seventh Avenue
  • 155 Spring Street
  • 909 Third Avenue
  • 40-42 Thompson Street
  • 866 UN Plaza
  • 100 West 33rd Street
  • 7 West 34th Street
  • 330 West 34th Street
  • 29 West 57th Street
  • 31 West 57th Street
  • 49 West 57th Street
  • 50 West 57th Street

[edit] Washington D.C. Office

  • Arlington/Rosslyn-Courthouse
    • Rosslyn Plaza C
    • Rosslyn Plaza E
    • Rosslyn Plaza D
    • Rosslyn Plaza North
    • Arlington Plaza
    • Courthouse Plaza One
    • Courthouse Plaza Two
    • Crystal City
  • Bethesda/Democracy Plaza
    • One Democracy Plaza
    • Two Democracy Plaza
    • The Bedford Building
    • The Camalier Building
    • The Champlain Building
    • The Westmoreland Building
  • Reston/Dulles Corridor
    • Reston Executive Center I
    • Reston Executive Center II
    • Reston Executive Center III
    • Commerce Executive Park III
    • Commerce Executive Park IV
    • Commerce Executive Park V
  • Skyline City, Falls Church, VA
    • Skyline One
    • Skyline Two
    • Skyline Three
    • Four Skyline Place
    • Five Skyline Place
    • Six Skyline Place
    • Seven Skyline Place
    • One Skyline Tower
  • Tysons Corner/Fairfax
    • Fairfax Square
    • Tysons Dulles Plaza I
    • Tysons Dulles Plaza II
    • Tysons Dulles Plaza III
  • Washington, D.C.
    • 1700 K Street
    • 1725 DeSales Street
    • 1999 K Street
    • 1925 K Street
    • 800 17th Street (PNC Center)
    • 1919 M Street
    • 1101 17th Street
    • 2101 L Street
    • 1150 17th Street
    • 1776 K Street (Montgomery Building)
    • 1666 K Street
    • 1750 Pennsylvania Avenue
    • 1730 M Street
    • 1140 Connecticut Avenue
    • Nassif Building

[edit] Malls

[edit] New York City Retail

  • Upper East Side
    • 1035 Third Avenue
    • 677-679 Madison Avenue
    • 759-771 Madison Avenue
    • 828-850 Madison Avenue
  • Midtown West
    • 27-29 West 57th Street
    • 31 West 57th Street
    • 49 West 57th Street
    • 50 West 57th Street
    • 825 Seventh Avenue
    • 888 Seventh Avenue
    • 1740 Broadway
  • Plaza Hotel District
    • 640 Fifth Avenue
    • 689 Fifth Avenue
    • 595 Madison Avenue
  • Midtown East
    • 909 Third Avenue
    • 964 Third Avenue
    • 968 Third Avenue
    • 150 East 58th Street
    • 715 Lexington Avenue
    • 731 Lexington Avenue
  • UN District
    • 866 UN Plaza
  • Pennsylvania Plaza
    • One Penn Plaza
    • Two Penn Plaza
    • 11 Penn Plaza
    • Manhattan Mall
    • 7 West 34th Street
    • 330 West 34th Street
    • Hotel Pennsylvania
    • 435 Seventh Avenue
    • 484 Eighth Avenue
  • SOHO
    • 122-124 Spring Street
    • 386 West Broadway
    • 387 West Broadway
    • 73 Wooster
    • 478-486 Broadway
    • 40-42 Thompson Street

[edit] New York State Retail and Strip Malls

[edit] Merchandise Mart

- The Merchandise Mart
- Kitchen & Bath Design Center
- 350 West Mart Center/Chicago Apparel Center

- High Point Market
- Suites at Market Square
- Plaza Suites

- The Washington Design Center
- Kitchen & Bath Design Center

- Architects & Design Building
- 7W New York
- Kitchen & Bath Design Center

- L.A. Mart

[edit] References

  1. ^ "Brookfield Loses Lease Bid", Toronto Star, February 23, 2001. 

[edit] External links

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