Real Estate · REIT - Office
Vornado Realty Trust
New York-focused REIT owning premier office, retail and apartment properties
Understand Vornado Realty Trust →What Vornado Realty Trust does
Vornado owns and runs a large portfolio of high-end buildings, mostly in New York City, including offices, shops and apartments. It is also developing the PENN DISTRICT, a redevelopment around Penn Station in Manhattan. It also owns premier properties in Chicago and San Francisco.
How Vornado Realty Trust makes money
As a REIT, Vornado earns most of its money by leasing office, retail and residential space to tenants in the properties it owns. It also creates value by developing and redeveloping properties such as those in the PENN DISTRICT.
Products & services
- New York City office buildings
- Manhattan retail properties
- Multifamily residential buildings
- PENN DISTRICT development
- Chicago and San Francisco premier assets
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