Vornado Realty Trust · New York, NY United States · (NYSE: VNO)
Company Description
More Companies in: New York, New York
More Companies in These Related Industries: Residential Rental Property, Real Estate Agents
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This link will open in a new window Vornado Realty Trust is a veritable whirlwind of real estate activity. The company's office holdings, which total some 35 million sq. ft., include more than 80 properties in and around Washington, DC, and about 30 more in New York City, primarily in Manhattan. The company's retail portfolio consists of about 180 retail centers, including strip centers and malls, in the Northeast and in California. Its Merchandise Mart segment owns about 10 additional properties, including Chicago's Merchandise Mart and L.A. Mart; it also produces trade shows. Vornado owns about a third each of New York retail property owner Alexander's and Toys ''R'' Us . To read the full description, subscribe now.
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Key Vornado Realty Trust Financials
| Company Type | Public - NYSE: VNO Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 4,597 |
Vornado Realty Trust Executives
25 executives listed for Vornado Realty Trust's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Steven Roth | |
| President, CEO, and Director | Michael Fascitelli | |
| EVP Finance and Administration and CFO | Joseph Macnow |
Competition
Competitive Landscape for Vornado Realty Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Vornado Realty Trust Competitors
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