Another quarter, another Vornado retail tenant bankruptcy. After facing the abrupt closure of two Topshop stores in New York City in the second quarter, Vornado Realty Trust encountered more retail challenges in the third quarter as Forever 21 filed for Chapter 11 bankruptcy protection. But Forever 21 may be able to keep its stores at 435 Seventh Avenue and 1540 Broadway open for a bit longer. “While the bankruptcy process is fluid and is still
source https://therealdeal.com/2019/10/29/vornado-slashes-forever-21s-rent-dimming-2020-outlook/
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