Zacks Investment Research
Here's Why Investors Should Retain Vornado Stock in Their Portfolio Now
Vornado Realty Trust's Manhattan office portfolio shows improving fundamentals with occupancy rising to 92.2% in June 2026 and strong leasing demand at $107.24 per sq. ft. The company is strategically investing in premium properties like 350 Park Avenue and Park Avenue Plaza while maintaining $2 billion in liquidity. However, heavy concentration in New York City, substantial debt obligations, and rising interest expenses pose significant challenges to earnings growth.
