Vornado JV to Sell 512 West 22nd Street for $205 Million
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 55% owned joint venture has entered into an agreement to sell 512 West 22nd Street, a 173,000 square foot Class A office building, for $205 million. The sale is expected to close in the third quarter of 2025 and is subject to customary closing conditions.
A portion of the proceeds will be used by the joint venture to repay the $123.6 million mortgage loan encumbering the property.
Vornado Realty Trust is a fully-integrated equity real estate investment trust.
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