VORNADO REALTY TRUST

Vornado is a fully-integrated real estate investment trust that conducts business and holds its property portfolio through an operating partnership. The organization operates across two reportable segments, New York and Other, focusing on the ownership, management, development, and redevelopment of real estate assets. Its core property types comprise commercial office buildings, street-level retail locations, and residential complexes. Additionally, through its wholly owned subsidiary Building Maintenance Services LLC, the company provides cleaning, security, engineering, and parking services to internal properties and external clients. Its customer base consists of commercial office tenants, retail businesses, and residential renters.

The company's asset footprint includes 51 operating properties in Manhattan featuring 19.2 million square feet of office space, 2.3 million square feet of street retail space, and 1,331 residential units. Outside New York, its holdings include the 3.7 million square foot THE MART facility in Chicago and the 1.8 million square foot 555 California Street complex in San Francisco. The text notes a corporate office without specifying a headquarters location.

Summary of the business section of Vornado Realty Trust's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 3,145 employees, consisting of (i) 2,725 employees of Building Maintenance Services LLC, a wholly owned subsidiary, which provides cleaning, security, engineering and parking services primarily to our New York properties, (ii) 369 employees in our corporate office, and (iii) 51 employees of THE MART.”