Vornado Realty Trust filings document the disclosure record of a Maryland real estate investment trust that conducts its business through Vornado Realty L.P. The company’s SEC reports cover operating results, supplemental financial information, material agreements, sustainability and annual-report disclosures, and capital-structure matters tied to its New York-centered office, retail and multifamily portfolio.
VNO filings also describe the company’s NYSE-listed common shares and cumulative redeemable preferred shares, including Series L, Series M, Series N and Series O. Proxy materials address trustee elections, auditor ratification, executive compensation and equity-plan matters, while 8-K filings record results releases, credit-facility amendments and other material corporate events.
VORNADO REALTY TRUST disclosure: Norges Bank reports beneficial ownership of 14,709,182 shares of Common Stock, representing 7.7146% as of 03/31/2026. The filing is an amendment to a Schedule 13G (Amendment No. 6) and is signed on 05/11/2026. The statement notes that certain shares are invested on behalf of the Government of Norway.
Vornado Realty Trust executive Haim Chera converted partnership units into common shares, increasing his direct share holdings. On May 6, 2026, the EVP – Head of Retail converted 100,000 Class A Units of Vornado Realty L.P. into 100,000 Common Shares of Vornado Realty Trust on a one-for-one basis.
Following the conversion, he directly holds 200,000 Common Shares and 148,913 Class A Units. This was a conversion of a derivative security, not an open‑market stock purchase or sale, and reflects a shift from partnership units into the company’s common equity.
Vornado Realty Trust reported weaker first quarter 2026 results, swinging to a net loss and lower cash flow from operations. Net loss attributable to common shareholders was $22.8 million, or $(0.12) per diluted share, versus net income of $86.8 million, or $0.43, a year earlier. Funds From Operations (FFO) attributable to common shareholders plus assumed conversions fell to $96.3 million, or $0.49 per diluted share, from $135.0 million, or $0.67. FFO, as adjusted, declined to $103.1 million, or $0.52 per diluted share, from $126.2 million, or $0.63, primarily reflecting higher net interest expense and the absence of a prior-period ground rent reversal.
The company remained active on capital allocation, repurchasing 2.75 million common shares for $79.8 million and authorizing a new $300 million repurchase program. Vornado agreed to acquire a 49% interest in Park Avenue Plaza at a $1.1 billion valuation and closed the $141 million purchase of 3 East 54th Street. It refinanced multiple Manhattan assets, issued $500 million of 5.75% senior notes due 2033, extended and upsized revolving credit facilities and an unsecured term loan, and reported total liquidity of $2.6 billion. Same store NOI at share increased 6.1% year over year, though cash-basis same store NOI at share declined 2.9%, with particular pressure at 555 California Street.
Vornado Realty Trust reported a first-quarter 2026 net loss attributable to common shareholders of $22.8 million, or $0.12 per share, compared with earnings of $86.8 million, or $0.45 per share, a year earlier. Total revenues were $459.1 million, slightly below $461.6 million in 2025, as rental income softened and income from partially owned entities fell sharply, mainly due to the absence of prior-year asset sale gains.
The company still generated $47.7 million of cash from operating activities and ended the quarter with $1.21 billion of cash and restricted cash. Vornado continued to reshape its portfolio and balance sheet, acquiring 3 East 54th Street in Manhattan for $141 million and investing heavily in development and joint ventures.
Management also executed major financing actions, including refinancing and upsizing revolving credit facilities and an unsecured term loan, issuing $500 million of 5.75% senior unsecured notes due 2033, and refinancing large Manhattan mortgages. Vornado repurchased 2.75 million common shares for $79.9 million under its $200 million buyback program, leaving $40.1 million authorized for future repurchases.
Vornado Realty Trust — Vanguard Portfolio Management reported beneficial ownership of 14,658,393 shares of common stock, representing 7.68% of the class as of 03/31/2026. The filing shows Vanguard Portfolio Management has sole dispositive power over 14,658,393 shares and sole voting power for 21,355 shares. The Schedule 13G is signed by Ashley Grim on 04/29/2026.
Vornado Realty Trust — Vanguard Portfolio Management reported beneficial ownership of 14,658,393 shares of common stock, representing 7.68% of the class as of 03/31/2026. The filing shows Vanguard Portfolio Management has sole dispositive power over 14,658,393 shares and sole voting power for 21,355 shares. The Schedule 13G is signed by Ashley Grim on 04/29/2026.
Franklin Resources, Inc. filed an amendment to a Schedule 13G reporting 13,159,589 common shares of Vornado Realty Trust, equal to 6.9% of the class as of the quarter ended 03/31/2026. The filing states that Franklin aggregated previously disaggregated holdings from Franklin Mutual Advisers and Brandywine Global after an internal realignment. Putnam Investment Management, LLC is also listed with 9,961,330 shares (5.2%) reported in the statement.
Franklin Resources, Inc. filed an amendment to a Schedule 13G reporting 13,159,589 common shares of Vornado Realty Trust, equal to 6.9% of the class as of the quarter ended 03/31/2026. The filing states that Franklin aggregated previously disaggregated holdings from Franklin Mutual Advisers and Brandywine Global after an internal realignment. Putnam Investment Management, LLC is also listed with 9,961,330 shares (5.2%) reported in the statement.
Vornado Realty Trust filed an update announcing its 2025 Sustainability Report, highlighting long-running environmental and ESG initiatives across its New York, Chicago, and San Francisco portfolios. The report focuses on energy efficiency, greenhouse gas reductions, certifications, waste diversion, water use, and tenant engagement.
Vornado reports a 42% reduction in landlord-controlled energy consumption in its in-service office portfolio versus a 2009 baseline, progressing toward a 50% cut by 2030. It has also reduced Scope 1 and Scope 2 market-based emissions by 58% from 2019, supported by renewable energy procurement and operational optimization.
The portfolio maintains 100% LEED certification across in-service managed office buildings and achieved 100% WELL Health-Safety certification. In 2025, more than 12.7 million square feet were ENERGY STAR certified, including ten properties with ENERGY STAR NextGen status, signaling strong ongoing performance.
Vornado reports a 56% waste diversion rate, including 2,563 metric tons of organic waste diverted from landfill, and targets 75% diversion by 2030. The company also emphasizes tenant education across more than 15 million square feet and describes district-level initiatives such as THE PENN DISTRICT’s transit-oriented redevelopment and new amenities like The Meadow at 1290 Avenue of the Americas.
Vornado Realty Trust reports stronger 2025 results with improved balance sheet and major leasing progress. Net income attributable to common shares rose to $842.9 million, $4.20 per diluted share, versus $8.3 million, $0.04 per share, a year earlier, largely reflecting gains and one-time items. Funds from Operations (FFO), as Adjusted, grew to $465.6 million, or $2.32 per diluted share, compared with $447.1 million, or $2.26 per share. Net Operating Income was $1,111.9 million, with same-store NOI up 5.4%.
The company leased 4.7 million square feet in 2025, including 3.7 million square feet in New York office at average starting rents of $98 per square foot. At PENN 2, Vornado has leased over 1.4 million square feet since project inception, reaching 80% occupancy and increasing the projected incremental cash yield to 11.6%. PENN 1 has 177,000 square feet of vacancy left plus additional first-generation lease roll to drive future income.
Vornado highlights capital markets activity and lower leverage. Net debt fell to $7.96 billion, and net debt/EBITDA, as adjusted, improved to 7.7x from 8.6x. Immediate liquidity totals $2.6 billion, and the company reports approximately $10 billion of unencumbered assets. The letter also details ongoing development projects, a single annual cash dividend of $0.74 per share for 2025, and continued share repurchases under a $200 million buyback authorization.
Vornado Realty Trust is asking shareholders to vote at its virtual 2026 Annual Meeting on May 21, 2026. The agenda includes electing 10 trustees, ratifying Deloitte & Touche LLP as auditor, a non-binding advisory vote on executive compensation, and approval of a 2026 Omnibus Share Plan.
The company highlights a focused New York City Class A office and retail strategy, with 2025 activity including 4.7 million square feet of leasing, a $1.4 billion mortgage refinancing, and a $350 million retail sale. It also emphasizes 100% LEED certification across its certifiable portfolio and multiple sustainability awards.
Governance features include an 80% independent board, a powerful Lead Independent Trustee, robust shareholder engagement, proxy access, no poison pill, and strong stock ownership guidelines. Executive pay is framed as pay-for-performance, with 629,217 Long-Term Performance Plan units earned (about 98% of the 640,900-unit maximum) based on operational and relative TSR metrics.