Vornado Realty Trust
Officers & Directors
Daniel R. Tisch Trustee of Vornado Realty Trust Deirdre Maddock Chief Accounting Officer of Vornado Realty Trust, sole General Partner of Vornado Realty L.P. (duly authorized officer and principal accounting officer) Candace K. Beinecke Trustee of Vornado Realty Trust Steven Roth Chairman of the Board of Trustees Russell B. Wight, Jr. Trustee of Vornado Realty Trust Mandakini Puri Trustee of Vornado Realty Trust Beatrice Hamza Bassey Trustee of Vornado Realty Trust Michael J. Franco President and Chief Financial Officer of Vornado Realty Trust William W. Helman IV Trustee of Vornado Realty Trust Raymond J. McGuire Trustee of Vornado Realty Trust Michael D. Fascitelli Trustee of Vornado Realty Trust David Mandelbaum Trustee of Vornado Realty Trust ,
Vornado Realty Trust currently has 3145 employees.
News about Vornado Realty Trust Key Personnel |
Vornado Realty Trust Faces Challenges as Ground Rent Reset Looms Amid Declining ReturnsIn a significant development for Vornado Realty Trust (NYSE: VNO), the firm announced on April 22, 2025, that the panel tasked with determining the ground rent for its PENN 1 land parcel has set the annual payment at $15 million for the 25-year period beginning June 17, 2023. This determination comes at a time when Vornado’s stock is under pressure, trading 5.8% below its 52-week average, reflecting investor concerns over its performance and financial stability.The announcement of the ground rent adjustment is pivotal for Vornado, particularly given the increasing operating costs and economic uncertainties. The fixed nat...
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