🠈  Vornado Realty Trust  🠊

Vornado Real Estate Trust

Vornado Real Estate Trust started out as a discount store. They merged with a company that made fans and eventually turned into a real estate trust. The real estate firm appears to have played a critical role in the decision to close Toys "R" Us. The bulk of Vornado's current portfolio is in NYC with properties in Chicago and San Francisco.

Vornado Air creates high powered fans. Advertisement: You can find Vornado Fans on Amazon.

Corporate History

The company started with two guys selling returned and overstocked TVs. It grew large and was bought by a real estate development who seemed to be more interested in the land than the stores.

Vornado Realty was involved in the liquidation of Two Guys, Topps, White Front, Alexander's and the Toys R Us group. They are a tough landlord.

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  1. Wikipedia - Alexander's (Drawn 10/3/2019)
  2. Wikipedia - Verado (Drawn 10/3/2019)

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