Vornado Takes $600M Write-Down on NYC Portfolio

Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio

Markdown comes two months after REIT shuts down Penn District redo for 2023.

      

source https://www.globest.com/2023/02/06/vornado-takes-600m-write-down-on-nyc-portfolio/
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February 06, 2023 at 09:14AM
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February 06, 2023 at 03:57PM

Vornado Takes $600M Write-Down on NYC Portfolio

Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio

Markdown comes two months after REIT shuts down Penn District redo for 2023.

      

source https://www.globest.com/2023/02/06/vornado-takes-600m-write-down-on-nyc-portfolio/
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February 06, 2023 at 09:14AM
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February 06, 2023 at 09:57AM
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February 06, 2023 at 12:57PM

Women of Influence Nominations are Open

Nominate an individual for GlobeSt. Real Estate Forum’s 2023 Women of Influence awards. The chosen professionals will be honored at the annual GlobeSt. Women of Influence awards ceremony in Lake Tahoe, CA on July 25th.

      

source https://www.globest.com/2023/02/01/women-of-influence-nominations-are-open-2/

Vornado Takes $600M Write-Down on NYC Portfolio

Vornado Takes $600M Write-Down on NYC Portfolio
Vornado Takes $600M Write-Down on NYC Portfolio

Markdown comes two months after REIT shuts down Penn District redo for 2023.

      

source https://www.globest.com/2023/02/06/vornado-takes-600m-write-down-on-nyc-portfolio/
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February 06, 2023 at 09:14AM
via Blogger https://ift.tt/vwetNcx
February 06, 2023 at 09:57AM

Vornado Takes $600M Write-Down on NYC Portfolio

Vornado Takes $600M Write-Down on NYC Portfolio

Markdown comes two months after REIT shuts down Penn District redo for 2023.

      

source https://www.globest.com/2023/02/06/vornado-takes-600m-write-down-on-nyc-portfolio/
via Blogger https://ift.tt/DHvjRyl
February 06, 2023 at 09:14AM

Vornado Takes $600M Write-Down on NYC Portfolio

Markdown comes two months after REIT shuts down Penn District redo for 2023.

      

source https://www.globest.com/2023/02/06/vornado-takes-600m-write-down-on-nyc-portfolio/

Manhattan Office Market Sees Strongest Monthly Leasing Since 2019

Manhattan Office Market Sees Strongest Monthly Leasing Since 2019
Manhattan Office Market Sees Strongest Monthly Leasing Since 2019
Manhattan Office Market Sees Strongest Monthly Leasing Since 2019
Manhattan Office Market Sees Strongest Monthly Leasing Since 2019

January velocity more than doubles December's total, surging to 4.4M SF.

      

source https://www.globest.com/2023/02/02/manhattan-office-market-sees-strongest-monthly-leasing-since-2019/
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February 02, 2023 at 09:14AM
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February 02, 2023 at 03:58PM

RXR: Time to Give Lenders Keys to Old Office Buildings

NYC office giant prepares to stop debt payments on "obsolete" assets, surrender them.

      

source https://www.globest.com/2023/02/02/rxr-time-to-give-lenders-keys-to-old-office-buildings/

Manhattan Office Market Sees Strongest Monthly Leasing Since 2019

Manhattan Office Market Sees Strongest Monthly Leasing Since 2019
Manhattan Office Market Sees Strongest Monthly Leasing Since 2019
Manhattan Office Market Sees Strongest Monthly Leasing Since 2019

January velocity more than doubles December's total, surging to 4.4M SF.

      

source https://www.globest.com/2023/02/02/manhattan-office-market-sees-strongest-monthly-leasing-since-2019/
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February 02, 2023 at 09:14AM
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February 02, 2023 at 09:58AM
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February 02, 2023 at 12:57PM