Vornado Realty Trust

Commercial Observer Partners With HqO to Honor Best CRE Spaces

Retrieved on: 
Thursday, March 21, 2024
Observer Media, Real, REX, PENN 1, Vornado, Tenant, Information services, Heart, Vornado Realty Trust, Power, Property management

The Commercial Observer Power Properties list, powered by HqO's Real Estate Experience (REX) Platform, will celebrate exceptional properties that are redefining the standards of excellence in corporate real estate.

Key Points: 
  • The Commercial Observer Power Properties list, powered by HqO's Real Estate Experience (REX) Platform, will celebrate exceptional properties that are redefining the standards of excellence in corporate real estate.
  • We aim to ensure that commercial real estate is connected to, and designed for the people that actually use the buildings every day.
  • The Power Properties list will highlight commercial real estate spaces across various asset classes.
  • "We are pleased to honor the most exceptional corporate real estate properties through an expertly curated special feature driven by HqO's REX Platform methodology and Commercial Observer's Brand Studio," said Observer Media CEO James R. Freiman.

Fitwel & EVORA Global Launch 'Social Performance' Following Successful Completion of Pilot Program with Leading Companies in Real Estate

Retrieved on: 
Monday, March 11, 2024
Communication, Health, Certification, Benchmarking, Corporate sustainability, Comparison, ESG, Senior, LAB, Sustainability, Vornado Realty Trust, PGIM, EHS, Barings LLC, MIPIM, Work

CANNES, France, March 11, 2024 /PRNewswire/ -- Fitwel®, the global healthy building certification and data insights platform, launched phase two of its groundbreaking new solution that, for the first time, quantifies Social performance by overlaying health research and financial data to identify strategies that have the greatest impact on stakeholders and asset value. Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide. This portfolio-scale certification pathway has proven to be essential for substantiating "S" data for real estate, addressing the growing demand - driven by both investors and forthcoming regulations - for a rigorous and standardized approach to integrate "Social" metrics, including health and wellbeing measures, into ESG reporting. Social Performance by Fitwel will receive recognition by GRESB for 2024 reporting.

Key Points: 
  • Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide.
  • Social Performance by Fitwel is the only solution designed to measure 'S' value of real estate funds on an entity scale.
  • "Social Performance by Fitwel is the only certification pathway applicable to all real estate assets and designed to measure and track the Social performance of real estate funds on an entity scale.
  • Philippa Gill, Executive Director at EVORA Global, added: "We are delighted to be working with Fitwel on such a critical step forward for the real estate sector.

Fitwel & EVORA Global Launch 'Social Performance' Following Successful Completion of Pilot Program with Leading Companies in Real Estate

Retrieved on: 
Monday, March 11, 2024
Communication, Health, Certification, Benchmarking, Corporate sustainability, Comparison, ESG, Senior, LAB, Sustainability, Vornado Realty Trust, PGIM, EHS, Barings LLC, MIPIM, Work

CANNES, France, March 11, 2024 /PRNewswire/ -- Fitwel®, the global healthy building certification and data insights platform, launched phase two of its groundbreaking new solution that, for the first time, quantifies Social performance by overlaying health research and financial data to identify strategies that have the greatest impact on stakeholders and asset value. Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide. This portfolio-scale certification pathway has proven to be essential for substantiating "S" data for real estate, addressing the growing demand - driven by both investors and forthcoming regulations - for a rigorous and standardized approach to integrate "Social" metrics, including health and wellbeing measures, into ESG reporting. Social Performance by Fitwel will receive recognition by GRESB for 2024 reporting.

Key Points: 
  • Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide.
  • "Social Performance by Fitwel is the only certification pathway applicable to all real estate assets and designed to measure and track the Social performance of real estate funds on an entity scale.
  • Philippa Gill, Executive Director at EVORA Global, added: "We are delighted to be working with Fitwel on such a critical step forward for the real estate sector.
  • Pilot users from a diverse range of real estate investors and fund managers provided invaluable input which enabled the product to be ready for a full public launch.

Vornado Realty Trust Announces Famed Avra Group Will Open a New 20,000 SF Restaurant in THE PENN DISTRICT

Retrieved on: 
Tuesday, February 20, 2024
VNO, The Dead Rabbit, Pennsylvania Station, PENN 1, Amtrak, New Yorker, Rabbit, Metro-North Railroad, Studio, Vornado Realty Trust, NJ Transit, CBRE, Retail leasing, Food, Hotel, Vornado, Long Island Rail Road, James A. Farley Building, PATH, 33rd Street, Hotel Chelsea

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.
  • Avra Estiatorio in THE PENN DISTRICT will be reminiscent of a classic Mediterranean restaurant with an elegant design led by Rockwell Group Partner and Studio Leader Shawn Sullivan.
  • We are confident Avra will exemplify the standards of THE PENN DISTRICT through top-notch cuisine, exquisite design, and unparalleled service,” said Ed Hogan, Executive Vice President for Retail Leasing at Vornado Realty Trust.
  • The Avra Group was represented by Gary Trock at CBRE and Vornado was represented in house by Ed Hogan.

Vornado Declares Quarterly Dividends On Preferred Shares

Retrieved on: 
Thursday, February 8, 2024
Vornado Realty Trust, Annual report

In each case, dividends are payable on April 1, 2024 to shareholders of record on March 15, 2024.

Key Points: 
  • In each case, dividends are payable on April 1, 2024 to shareholders of record on March 15, 2024.
  • Vornado Realty Trust is a fully-integrated equity real estate investment trust.
  • Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
  • Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements.

Alexander’s Announces Fourth Quarter Earnings Release Date, Anticipated Common Stock Declaration Dates and Vornado Realty Trust Quarterly Conference Call

Retrieved on: 
Wednesday, January 17, 2024
Annual report, Risk, Form 10-K, ALX, Vornado Realty Trust, Webcast, VNO

Alexander’s also announced that it expects its Board of Directors to declare a quarterly common stock dividend on February 7, 2024.

Key Points: 
  • Alexander’s also announced that it expects its Board of Directors to declare a quarterly common stock dividend on February 7, 2024.
  • Alexander’s anticipates that its Board will also declare common stock dividends on or around May 1, 2024, July 31, 2024 and October 30, 2024.
  • Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conference call and an audio webcast on Tuesday, February 13, 2024 at 10:00 a.m. Eastern Time (ET).
  • All dividends are subject to Board approval and declaration and there can be no assurance as to the amount or timing of any dividend declaration.

Vornado Announces Fourth Quarter Earnings Release Date, Conference Call Information and Anticipated Preferred Share Dividend Declaration Date

Retrieved on: 
Wednesday, January 17, 2024
Annual report, Trustee, Form 10-K, Vornado Realty Trust, Webcast, VNO, Vornado

The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 13, 2024 at 10:00 a.m. Eastern Time (ET).

Key Points: 
  • The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 13, 2024 at 10:00 a.m. Eastern Time (ET).
  • Vornado also announced that it expects its Board of Trustees to declare the regular quarterly preferred dividends on February 8, 2024.
  • As previously announced, Vornado anticipates paying one 2024 common share dividend in the fourth quarter of 2024.
  • All dividends are subject to Board approval and declaration and there can be no assurance as to the amount or timing of any dividend declaration.

Vornado Realty Trust Names Cushman & Wakefield to Launch Leasing Program at Reinvented PENN 2 Office Tower in the Heart of Vornado’s PENN DISTRICT Campus

Retrieved on: 
Monday, January 8, 2024
Samsung, Meta, Real estate, Corporate America, Cisco, Long Island Rail Road, Cushman & Wakefield, Town, Health, Madison Square Garden, Pennsylvania Station, Heart, PATH, Amtrak, Vornado, Food, VNO, Transport, Town hall, Metro-North Railroad, NJ Transit, Morgan Stanley, Vornado Realty Trust, Self storage

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.
  • PENN 2 has been completely transformed into a world-class office environment geared toward today’s leading companies.
  • “We are excited to partner on PENN 2 with Cushman & Wakefield to continue our momentum in the PENN DISTRICT.
  • The PENN DISTRICT campus is situated directly above North America’s most accessible and active mass transit hub.

XWELL Announces Plans to Open an XpresSpa in THE PENN DISTRICT

Retrieved on: 
Thursday, January 4, 2024
Airport, Pennsylvania Station, Heart, Amtrak, Retail leasing, Vornado, Massage, The Company, Relaxation, Vornado Realty Trust

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), an authority in wellness solutions for people on the go, today announced it signed a lease agreement with Vornado Realty Trust to open an XpresSpa location in Penn Station, located in the heart of New York’s newly revitalized PENN DISTRICT.

Key Points: 
  • NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), an authority in wellness solutions for people on the go, today announced it signed a lease agreement with Vornado Realty Trust to open an XpresSpa location in Penn Station, located in the heart of New York’s newly revitalized PENN DISTRICT.
  • “Today’s announcement marks another milestone in our strategy to reinvent XWELL as a destination for wellness, underscoring our focus on smart expansion and growing our retail revenue,” said XWELL Chief Executive Officer Scott Milford.
  • Services such as autonomous massage chairs represented nearly 10% of all XpresSpa services in 2023.
  • “We look forward to continuing to serve passengers in airports globally but recognize that people are using the rails more than ever,” added Milford.

Vornado Declares Common Dividend of $.30 Per Share

Retrieved on: 
Tuesday, December 5, 2023
VNO, Policy, Trustee, Vornado, Annual report, Vornado Realty Trust, Holding company

NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.30 per common share.

Key Points: 
  • NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.30 per common share.
  • The dividend will be payable on December 27, 2023 to shareholders of record on December 15, 2023.
  • Together with the $.375 per share common dividend already paid in the first quarter of 2023, this results in an aggregate 2023 common dividend of $.675 per common share.
  • Vornado anticipates that its common share dividend policy for 2024 will be to pay one common share dividend in the fourth quarter of 2024.