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Green Bloggers Digest (Free subscription) | 07/24/2008
At a meeting held earlier today, the Port Authority unveiled renderings from three firms for 20 Times Square , the 1.3 million-square foot, 42-story LEED (for Core and Shell) Gold tower that Vornado Realty Trust and Ruben Cos . plan to co-develop above the north wing of the agency's Bus Terminal on 8th Avenue. From left to right in the image, Pelli Clarke Pelli ( The Visionaire ), Rogers Stirk Harbour...
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The Real Estate (Free subscription) | 07/24/2008
Vornado Realty Trust CEO Steve Roth is considering a design by Pritzker Prize-winning architect Richard Rogers for his planned office tower atop the Port Authority Bus terminal, a Port Authority official confirmed. The design by Mr. Rogers, along with two other designs (New York-based SHoP was said to be working on a design for the tower at one point), is expected to be presented at today's Port Authority...
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The New York Observer (Free subscription) | 07/23/2008
During a June 18 appearance on CNBC’s Squawk Box , Steven Roth , New York real estate kingpin and the chairman and CEO of Vornado Realty Trust, suggested that a President Barack Obama could lead the United States out of its economic imbroglio. “President Obama comes in, O.K.—that’s not a political prediction by the way, this is just a fantasy—and somehow or other, he does what he says he was going...
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No Land Grab (Free subscription) | 07/15/2008
The New York Times by Charles Bagli A 21-story office building planned in East Harlem for Major League Baseball is shrinking. The tower’s developer, Vornado Realty Trust, had planned to begin construction in April on what would be the home for professional baseball’s newly created cable network, which is scheduled to make its debut in January with 50 million subscribers. But, according to real estate...
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The Real Estate (Free subscription) | 07/14/2008
The Related Companies has boosted the title (and workload, presumably) of Vishaan Chakrabarti, project manager for the Related Companies and Vornado Realty Trust on Moynihan Station. Mr. Chakrabarti, formerly a senior vice president, has been named Executive Vice President of Design and Planning. He will continue to lead the Moynihan Station effort, according to a Related spokeswoman. read more »...
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Curbed (Free subscription) | 07/14/2008
All those machinations by Vornado Realty Trust to get permission to build Harlem Park, its 21-story office building at 125th and Park Avenue in East Harlem? Never mind. The building is undergoing a significant SizeChop. According to a report in...
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Gothamist (Free subscription) | 07/12/2008
The expected new home of Major League Baseball's television network is being chopped down in size because of financial concerns. Vornado Realty Trust is having trouble securing the financing to erect a high-rise tower on 125th St. and Park Ave., and is currently renegotiating with MLB about its lease. The tower may only rise 14 stories, down from 21 stories--apparently lack of interest from other...
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New York Times (Free subscription) | 07/12/2008
Facing financial challenges, the developer, Vornado Realty Trust, is considering a revised plan which reduces the building’s height by about a third.
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The Neighborhood Retail Alliance (Free subscription) | 06/18/2008
Did Vornado Realty Trust blink yesterday? The company did come in to meet with Council Speaker Quinn, Councilwoman Palma and staff to discuss the company's plans to evict a Key Food supermarket from Bruckner Plaza, and from the reports we're hearing the company was furiously back peddling on its eviction plans-at least verbally. Vornado , after whining about all of the media furor we've generated on...
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Business Wire (Free subscription) | 06/17/2008
PARAMUS, N.J.--(BUSINESS WIRE)--Vornado Realty Trust (NYSE:VNO) announced today that it will record its 32.7% share of Toys “R”
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Business Wire (Free subscription) | 06/10/2008
PARAMUS, N.J.--(BUSINESS WIRE)--Vornado Realty Trust (NYSE:VNO) today announced that it has completed the previously announced sale of its 482,000 square foot Tysons Dulles Plaza office
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Curbed (Free subscription) | 06/04/2008
The haggard budget hotel on Seventh Avenue near Penn Station/MSG already escaped the wrecking ball once when owner Vornado Realty Trust's negotiations with Merrill Lynch to occupy a new office tower built on the site ended, to the delight of pampered pooches everywhere. Now, even though Vornado is considering renovating the profitable hotel and adding three floors of retail space, the option to raze...
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The New York Observer (Free subscription) | 06/04/2008
After months of talk about demolishing the historic Hotel Pennsylvania to make way for a soaring office tower, landlord Vornado Realty Trust has acknowledged that it might just hang on to the McKim, Mead & White-designed, Dave Barry-panned , so-called "World's Most Popular Hotel," after all. "First off, it is doing damn well as a hotel," Vornado CEO Steven Roth said Tuesday during a conference call...
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Curbed (Free subscription) | 06/04/2008
If an arena falls in the woods, and no one's around to hear it, does it make a sound? Barely. Late yesterday, Reuters filed a story detailing Vornado Realty Trust executives' new vision for the Moynihan Station project and the endangered Hotel Pennsylvania, and it barely registered a blip on the radar. In fact, if it wasn't for the Municipal Art Society's New Penn Station blog, we would have missed...
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The New York Observer (Free subscription) | 06/04/2008
Vornado Realty Trust CEO Steve Roth told investors Tuesday that he wants to redo Penn Station in a scaled-back version of the grand Moynihan Station plan, moving Madison Square Garden’s WaMu theater out of the arena structure to make way for a large train station entrance hall. Despite a push by Vornado and co-developer Related Companies to keep the larger-scale project alive via government support,...
