VORNADO REALTY TRUST
Ken Griffin, in a joint venture with Vornado Realty Trust and Rudin, secured a $3.3B construction loan from Wells Fargo and J.P. Morgan for a 66-story office tower at 350 Park Avenue. Griffin's Citadel will lease 1.05M sq ft, with completion expected in 2032. The deal follows a public feud with New York Mayor Zohran Mamdani.
Vornado Realty Trust (VNO) secured a $3.3B loan for 350 Park Avenue and signed a 1.05M SF lease with Citadel Enterprise Americas LLC, according to the company. Construction is underway.
Alexander’s, Inc. (ALX) will release its Q3 earnings on Nov. 2, 2026. Vornado Realty Trust (VNO), which manages Alexander’s, will host an earnings call on Nov. 3, 2026, where Alexander’s performance may be discussed. Alexander’s is a REIT with four properties in NYC. Both companies are publicly traded on the NYSE.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning VNO (VORNADO REALTY TRUST). Coverage has skewed bullish: 1 bullish, 1 neutral, and 0 bearish.
Recent VNO coverage spans corporate actions, financial news and earnings.
In the last 30 days, VNO insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($3.1M). The most active reporter was Chera Haim, EVP - HEAD OF RETAIL, with 1 filing.
The loan financing signals strong capital backing for the project, likely supporting Vornado's balance sheet and future rental income.
The financing and anchor lease reduce execution risk and improve cash‑flow outlook for the Midtown project.
Potential modest move if call provides guidance on Alexander’s performance.
The insider sale may signal personal confidence level but is a modest transaction for a large REIT.
The sale may signal reduced confidence from an executive, creating slight downward pressure on VNO.
AlphAI scores every news story that mentions VNO with an AI model for sentiment and relevance, and aggregates insider trades from VORNADO REALTY TRUST's SEC EDGAR Form 4 filings. Figures refresh continuously.
Ken Griffin, in a joint venture with Vornado Realty Trust and Rudin, secured a $3.3B construction loan from Wells Fargo and J.P. Morgan for a 66-story office tower at 350 Park Avenue. Griffin's Citadel will lease 1.05M sq ft, with completion expected in 2032. The deal follows a public feud with New York Mayor Zohran Mamdani.
2 min readVornado Realty Trust (VNO) secured a $3.3B loan for 350 Park Avenue and signed a 1.05M SF lease with Citadel Enterprise Americas LLC, according to the company. Construction is underway.
1 min readAlexander’s, Inc. (ALX) will release its Q3 earnings on Nov. 2, 2026. Vornado Realty Trust (VNO), which manages Alexander’s, will host an earnings call on Nov. 3, 2026, where Alexander’s performance may be discussed. Alexander’s is a REIT with four properties in NYC. Both companies are publicly traded on the NYSE.
1 min readVornado Realty Trust's EVP and Head of Retail, Chera Haim, sold 90,000 shares at $34.01 each, totaling $3.06M. The sale occurred on September 29, 2026, leaving Haim with 110,000 shares. The shares have a par value of $0.04.
1 min readChera Haim (EVP - HEAD OF RETAIL) sold 90,000 shares of VORNADO REALTY TRUST (VNO) at $34.01 ($3.06M total) on 2026-09-29.
1 min readGusto, a human resources tech company, has expanded its presence at Vornado Realty Trust's Penn 1, signing a 13-year lease for 38,000 square feet and renewing an existing 38,000-square-foot lease. The total space will be 76,000 square feet. The asking rent was $135 per square foot. Vornado has been upgrading its properties in the Penn District, including a $450 million renovation at Penn 1.
1 min readVornado Realty Trust (VNO) has partnered with Rudin Management and a Kenneth C. Griffin affiliate to develop a 1.9M sq ft office tower at 350 Park Avenue. VNO's share price is $37.88, down 4.63% in the past month but up 15.84% over 90 days. Analysts' consensus price target is $36.08, with estimates ranging from $28.0 to $45.0. A DCF model suggests a fair value of $53.08, indicating a 28.6% undervaluation.
2 min readCitadel and Vornado are finalizing a $3.3B loan for 350 Park Avenue, a $4.5B project Citadel will anchor. Despite public feud with NYC Mayor Mamdani, Citadel remains committed. The tower, designed by Foster + Partners, will create thousands of jobs. Vornado is the lead partner and will handle the redevelopment.
2 min readMetLife (MET) and Realty Income (O) show divergent reactions to 30-year Treasury yields at 5.31%. MET benefits from higher yields, with Q1 2026 net investment income up 10% and dividends raised twice. O faces yield competition, though fundamentals remain solid. Other dividend stocks like ARCC, VNO, and VZ are also impacted by debt structures and refinancing costs.
3 min readVornado Realty Trust (VNO) is partnering with Rudin Management and an affiliate of Kenneth C. Griffin to develop a $6.20 billion office tower at 350 Park Avenue, with VNO committing $900 million. The project may influence investor views on VNO's office portfolio and capital allocation strategy, including share repurchases and acquisitions. VNO projects $2.1 billion revenue and $915.7 thousand earnings by 2029, with analysts offering varied outlooks.
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