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After busy start to 2019, Vornado’s Roth says “we’re not done yet”

Vornado Realty Trust’s massive retail deal earlier this month, with net proceeds of about $1.2 billion, adds to the firm’s cash haul from ongoing sales at 220 Central Park South. And the big question on investors’ minds is: What will they do with all of it? The New York-based real estate investment trust hinted at some answers to that question in its first-quarter earnings call Tuesday morning. (Vornado actually released its report early yesterday “in […]

source https://therealdeal.com/2019/04/30/after-busy-start-to-2019-vornados-roth-says-were-not-done-yet/

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