Vornado Realty Trust increased its ownership in the 900,000-square-foot Farley Post Office redevelopment project. Company CEO Steve Roth on Tuesday announced that the real estate investment trust purchased a portion of the stake owned by partner the Related Companies. “We love Farley. . . Naturally, we want to own as much of it as we can,” he said on the company’s quarterly earnings call. Vornado did not disclose financial terms of the deal. The partners […]
source https://therealdeal.com/2018/10/30/vornado-increases-stake-in-farley-post-office-project/
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