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Vornado Realty Trust to Enter into 350 Park Avenue Joint Venture

Barchart·08/11/2026 15:23:00
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NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) --

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 the development of a 1.9 million square foot trophy office building at 350 Park Avenue. In connection with the development, Citadel Enterprise Americas LLC will enter into a 15-year, 1.05 million square foot anchor lease at the property to serve as its primary New York City office.

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