Vornado

20 Feb 19
Market Tamer

Real estate investment trusts, or REITs, are usually considered income investments, so some investors panic and sell them when interest rates are rising. But the Federal Reserve’s recent change in policy should put that fear to rest. Meanwhile, you can see that REITs have performed very well compared to the broader stock market in the […]

16 Feb 19
mobilegeezer.com

Last Sunday (02/10), I wrote that the Amazon Headquarters in Queens, NY seemed to be becoming doubtful, giving the growing resistance to the plan (article here). Then, on Wednesday evening, a final decision came from the Amazon senior leadership team, which includes Jeff Bezos and a number of executives that report to him, to cancel the […]

16 Feb 19
Isabella Romance Novels

You have two difficulty settings when it comes to every day life: hard or prepared. If you love stress, then fine — maybe you’ll oversleep one morning and miss that important meeting because you stayed up all night long watching The Office on…

16 Feb 19
Isabella Romance Novels

You have two difficulty settings when it comes to every day life: hard or prepared. If you love stress, then fine — maybe you’ll oversleep one morning and miss that important meeting because you stayed up all night long watching The Office on…

14 Feb 19
Quartz
Amazon’s decision to back out of its plan to build a second headquarters in New York City is already hitting real-estate stocks. Shares of realty trusts and property companies banking on Amazon’s investment in New York City edged lower on Feb. 14, likely reflecting uncertainty after the e-commerce company suddenly backed out. On the other hand, shares of real-estate companies with holdings in northern Virginia, where Amazon reaffirmed its commitment to developing a new headquarters, gained. Shares of SL Green Realty, New York City’s largest office landlord, sank 1.4% on Feb. 14 after Amazon canceled plans to build a headquarters in Long Island City, a revitalized neighborhood of Queens across the East River from midtown Manhattan. Alexander’s Inc. and its manager Vornado Realty Trust traded down 1.4%, and 0.9%, respectively. All three had been bullish on what a New York Amazon headquarters would do for their portfolios. SL Green CEO Marc Holliday in January highlighted Amazon coming to Long Island City as part of the “incredible amount of economic activity in the city” driving leasing momentum. In a joint earnings call earlier this week, Steven Roth, who is chairman and CEO of both Alexander’s and Vornado, called Amazon’s deal with New York “a terrific deal for the city and a terrific us.” “If the political climate in New York blows this deal,” Roth added, “it would be the stupidest damn thing I have ever seen.” https://www.theatlas.com/charts/ByTC7H7B4 While the market shied away from stocks tied to Amazon’s Long Island City presence, shares of real-estate companies that stand to gain from Amazon’s investments in Crystal City, Virginia, and Nashville, Tennessee, went the other way. JBG Smith Properties, which owns much of the available office space in Crystal City, jumped 1.4%. Piedmont Office Realty Trust, whose CEO earlier this month said he was bullish on the company’s Virginia holdings in part because of Amazon, edged up 0.3%. Mack-Cali Realty Corp, which has several projects in the greater Washington DC area, including a partnership in Crystal City, also gained 0.3%. Shares in Highwood Properties, which has developments underway in Nashville near where Amazon is opening an operations center with 5,000 jobs, rose 1%. “Needless to say, we remain jazzed about the outlook for Nashville,” Highwood CEO Edward Fritsch said on the company’s fourth-quarter earnings call on Feb. 6—a sentiment that was probably even more true after hearing Amazon would stick with Nashville on Feb. 14.
14 Feb 19
Markets n Trends Analysis

MarketResearchNest.com adds “Global Tower Fan Heaters Market Research Report 2019” new report to its research database. The report spread across 108 pages with multiple tables and figures in it. This comprehensive Tower Fan Heaters Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the […]

14 Feb 19
Women’s Shoes

Vintage VORNADO 2 speed 24C3-1 Table Top Electric ATOMIC Fan (Works) ART DECO – Buy – Vintage VORNADO 2 speed 24C3-1 Table Top Electric ATOMIC Fan (Works) ART DECO

13 Feb 19

(and you will too!) The Himalayan Salt Dome acts a natural air purifier by emitting a stream of negative ions into the air leaving air fresher and cleaner.  Excellent for those suffering from allergies, sinus congestion and stress.  Use as a foot stool for a warming spa experience or just enjoy the ambience it creates […]

13 Feb 19
Aaron Leider

Another development is slated for Queens’ Rego Park neighborhood. Developer Kenny Liu filed plans this week for a 177,000-square-foot tower at 98-04 63rd Road in Rego Park, according to PincusCo. Liu’s company, Chuang Heng Rego Park LLC, closed on the property last week for $30 million. It was sold by the Catholic Church of Our […]

12 Feb 19
Aaron Leider

Despite previous reports that it was targeting tenants from the high-growth life sciences industry, Vornado Realty Trust now appears to be broadening its reach at its Farley Post Office redevelopment. The project, a key part of the redevelopment of the Penn Station complex, will be “the best creative space in Manhattan,” Vornado CEO Steve Roth […]

12 Feb 19
Aaron Leider

As closings at 220 Central Park have started rolling in, Vornado Realty Trust knows exactly what it will be doing with the massive profits, estimated at $1 billion. “Big picture, our financial plan is to redeploy the proceeds of 220 CPS sales into the cap[ital] ex[penses] of Farley, Penn One, and Penn Two,” Vornado CEO […]

12 Feb 19
Donna A. Jordan

Vornado Realty Trust, Alexandria Real Estate Equities Inc., SL Green Realty Corp., Durst Organization and Cushman & Wakefield saw their shares pop even before Amazon picked Long Island City. from Charlotte Business News – Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/02/12/should-real-estate-pros-fear-if-amazon-pulls-hq2.html?ana=RSS&s=article_search from Blogger http://donnajordan.blogspot.com/2019/02/should-real-estate-pros-fear-if-amazon.html

12 Feb 19
Gutter Cleaning Kansas City

Vornado Realty Trust, Alexandria Real Estate Equities Inc., SL Green Realty Corp., Durst Organization and Cushman & Wakefield saw their shares pop even before Amazon picked Long Island City.

12 Feb 19
Last10K

Vornado Realty Lp (1040765) SEC Filing 8-K Material Event for the period ending Monday, February 11, 2019

12 Feb 19
Last10K

Vornado Realty Trust (VNO) SEC Filing 8-K Material Event for the period ending Monday, February 11, 2019