Vornado Realty Trust renewed Old Navy’s large lease on 34th Street, but is keeping its options open for the property. The real estate investment trust signed a renewal with the retailer for its 78,000 square feet at 150 West 34th Street, company executives announced on Vornado’s third-quarter earnings call Tuesday morning. Vornado CEO Steve Roth said the short-term deal has a five-year term, and the landlord eliminated any further renewal options Old Navy had. “This […]
source https://therealdeal.com/2018/10/30/old-navy-renews-78k-sf-lease-on-34th-street-but-the-retailer-wont-be-staying-long/
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