Markets

Vornado Realty Trust And Rudin Management Form JV With Kenneth C. Griffin Affiliate For 1.9M Sq. Ft. Trophy Office At 350 Park Avenue; Citadel Enterprise Americas Signs 15‑Yr, 1.05M Sq. Ft. Anchor Lease As Primary NYC Office

Aug 11, 2026 · 04:32 PM ET· updated 1h ago

Vornado Realty Trust (NYSE:VNO) and Rudin Management announced today that they have formally agreed to enter into a joint venture with an affiliate of Kenneth C. Griffin, Citadel’s Founder and CEO ("KG"), for

Why It Matters

Vornado and partners are fixing up a big NYC office building and got a major company (Citadel) to promise to rent a huge amount of space for 15 years. This shows people still want office space in New York, which is good news for the building's owners.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Tickers in Play

VNO38.74

-0.16 (-0.40%)

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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