Monday, 1 June 2020

Vornado walks away from Fifth Avenue property

After the bankrupt retailer Topshop shuttered its Fifth Avenue flagship last year, Vornado Realty Trust has walked away from the property. The real estate investment trust turned over control of the property at 608 Fifth Avenue late last month to the Korein family, which owns the ground under the building, sources told The Real Deal. A spokesperson from Vornado did not immediately respond to a request for comment, but company president Michael Franco said on



source https://therealdeal.com/2020/06/01/vornado-walks-away-from-fifth-avenue-property/

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