Welcome to our dedicated page for Vornado Realty news (Ticker: VNO), a resource for investors and traders seeking the latest updates and insights on Vornado Realty stock.
Vornado Realty Trust reports developments for a fully integrated equity real estate investment trust focused on premier New York City office, retail and multifamily assets, including the PENN DISTRICT. The company also owns assets in Chicago and San Francisco, and its updates commonly address leasing activity, property acquisitions and redevelopment, operating results, sustainability reporting, financing arrangements and portfolio management.
Recurring VNO news also includes preferred-share dividends, common-share repurchase authorizations, earnings releases and capital-allocation actions. Company announcements often connect tenant activity and Manhattan asset updates with its broader New York-centered real estate portfolio.
Vornado Realty Trust (NYSE:VNO) completed its acquisition of a 49% interest in Park Avenue Plaza, a 45-story, 1.2 million rentable square foot Class A office tower, at a $1.1 billion gross valuation ($950 per square foot), a significant discount to replacement cost.
The property is 99% occupied by blue-chip tenants with an 11-year weighted-average lease term and below-market rents. Vornado assumes its share of a $575 million loan at a fixed 2.99% interest rate maturing in November 2031. Fisher Brothers retains 51% ownership and manages and leases the asset, with joint control over major decisions.
Vornado Realty Trust (NYSE: VNO) reported that its reimagined PENN 2 office tower is now 90% leased after signing full-floor leases with technology firms Veeva and Altana.
Veeva leased 62,223 SF for 12 years on the 11th floor, while Altana signed a 10-year, 62,309 SF headquarters lease on the 21st floor. PENN 2 and neighboring PENN 1 form a 4.4 million SF connected campus above Penn Station with extensive amenities and outdoor spaces.
Vornado Realty Trust (NYSE:VNO)/b) reported that its 45.1% owned joint venture completed a
The interest-only loan, fully extended, matures in March 2029 and replaces a prior $155 million facility maturing in November 2026. The new loan is priced at SOFR +3.00% for year one, SOFR +3.35% for year two, and SOFR +3.85% thereafter. The property is fully leased to Aetna and Starbucks.
Vornado (NYSE: VNO) reported Q1 2026 results: a $22.8M net loss vs. $86.8M net income in Q1 2025 and FFO attributable to common shareholders plus assumed conversions of $96.3M ($0.49/share), down from $135.0M ($0.67/share) year-over-year. Adjusted FFO was $103.1M ($0.52/share).
Key corporate actions: share repurchases ($2.75M shares; $79.8M) and a new $300M buyback authorization; acquisitions including 49% of Park Avenue Plaza (valued $1.1B) and 3 East 54th Street ($141M); multiple refinancings and a $500M 2033 notes offering.
Vornado Realty Trust (NYSE:VNO) announced a new $300 million share repurchase program authorized by its Board of Trustees on April 29, 2026. Under the prior $200 million program, Vornado repurchased 6,929,439 shares at an average price of $25.80, with ~$21 million remaining capacity.
Repurchases may occur in the open market or via negotiated transactions, block trades, accelerated share repurchases, or Rule 10b5-1 plans. The program has no expiration, may be suspended, and does not obligate Vornado to repurchase shares.
Vornado Realty Trust (NYSE:VNO) declared quarterly preferred dividends payable July 1, 2026, to holders of record June 15, 2026. The declared per-share amounts are: Series A Convertible $0.8125000, Series L $0.3375000, Series M $0.3281250, Series N $0.3281250, Series O $0.2781250.
Dividends apply to the listed preferred series; contact investor relations for shareholder questions.
Vornado Realty Trust (NYSE:VNO) agreed to acquire a 49% interest in Park Avenue Plaza from Closer Properties at a $1.1 billion gross asset valuation ($950 per sq ft). The 45-story, 1.2 million rentable square foot Class A office building is 99% occupied with an 11-year weighted-average lease term and substantially below-market rents. Vornado will assume its share of a $575 million fixed-rate loan at 2.99% maturing November 2031. Fisher Brothers retains a 51% stake and will continue to manage and lease the property. Closing is expected in Q2 2026.
Vornado Realty Trust (NYSE:VNO) will file its Form 10-Q for the quarter ended March 31, 2026 and issue its first quarter earnings release on Monday, May 4, 2026 after the NYSE close. The company will hold a quarterly earnings conference call and audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. ET.
Dial-in numbers and passcode are provided, and a live webcast plus online playback will be available in the Investor Relations section at www.vno.com.
Vornado (NYSE: VNO) released its 2025 Sustainability Report, its 17th consecutive report highlighting portfolio-level sustainability achievements. Key 2025 results include 100% LEED and 100% WELL Health-Safety certification, a 42% energy reduction versus 2009, and continued use of 100% renewable energy credits.
The company also ranked in the top 3% on GRESB for Americas/Listed, retained a Green Star distinction for the 13th year, and won CoStar’s Redevelopment of the Year for THE PENN DISTRICT.
Vornado Realty Trust (NYSE: VNO) announced a 10-year lease with Meta to house Meta Lab New York at 697 Fifth Avenue. The five-level townhouse is 15,000 square feet and marks Meta’s first flagship retail location in Manhattan, joining its Los Angeles flagship.
The experiential space will showcase Meta’s AI glasses and VR headsets and follows prior Meta pop-ups and its 2020 Farley Building office lease.