The ultra-luxury condo tower at 220 Central Park South continues to be a key income source for Vornado Realty Trust, as the coronavirus batters its prized retail assets on Five Avenue and in Times Square. The real estate investment trust has recorded an additional $103 million impairment loss on its prime retail joint venture for the third quarter, according to preliminary estimates released Tuesday. Over the same period, unit sales at 220 Central Park South
source https://therealdeal.com/2020/10/21/vornado-sees-100m-retail-jv-loss-190m-in-220-cps-gains/
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