Vornado Realty Trust enters ‘eye of economic storm’ with $2.6B debt

Real estate investment trust Vornado is attempting to calm investors after CEO Steve Roth signaled plans to pause its Penn Station projects and launch a $200 million share repurchase program. Continue reading

Low-income tenants sue developer, allege ‘poor door’ discrimination

Tenants who won a lottery to live at Fifteen Hudson Yards are suing the developer for violating New York City’s “poor door” ban, which bans separate entrances for low-income residents. Continue reading