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Vornado Realty Trust, Ken Griffin Finalize 350 Park Avenue JV, Citadel Lease

Vornado Realty Trust, Ken Griffin Finalize 350 Park Avenue JV, Citadel Lease

MT newswireMT newswire2026/10/21 14:22
10:22 AM EDT, 10/21/2026 (MT Newswires) -- Vornado Realty Trust (VNO), Ken Griffin and Rudin have closed their 350 Park Avenue joint venture, including a 1.05 million-square-foot lease with Citadel Enterprise Americas and a $3.3 billion construction loan, the companies said Wednesday. Under the JV, Griffin's affiliate owns 60%, Vornado holds 36% and Rudin has 4%. Construction is underway on the 66-story, 1.9 million-square-foot tower, the company said. Price: 33.21, Change: +0.10, Percent Change: +0.30
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