In return for keeping its global headquarters at 731 Lexington Ave., Bloomberg LP struck an unusual deal that could lower its rent by as much as 10%. The exact amount won’t be determined until the new ...
In May, Steven Roth cut a deal he absolutely had to have when he persuaded Michael Bloomberg to extend his company’s 900,000 square-foot lease at 731 Lexington Ave. Now, the cost Roth paid to keep ...
The work-from-home “scare” has ended, and that helped Vornado Realty Trust end 2024 with better-than-expected fourth-quarter earnings as it moves toward profitability, according to CEO Steven Roth.
What do you think could be done to make subways, buses and commuter railroads better? We’d like to hear from you. By James Barron Several lawmakers have withdrawn their support for the state’s project ...
First the naysayers came for shopping malls. Then they turned to office buildings. “Five years or so ago there was universal certainty that malls and brick-and-mortar retail was dead forever, the ...
Vornado's need to lease its redeveloped office buildings around Penn Station was greater than its desire to develop a casino, Chairman and CEO Steven Roth wrote this week in his annual letter to ...
For months, Vornado Realty Trust CEO Steve Roth has spoken ominously about new development, casting a pall over plans for massive development in the Penn District. But on Tuesday, Roth again insisted ...
Real-estate mogul Steven Roth purchased his longtime East Hampton home, a classic shingle-style as shown in listings photos, in 1994. Photo: Compass The Roths bought the four-bedroom, five-bathroom ...