NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- $Vornado Realty Trust(VNO-N)$ $(VNO)$ announced today that its 53% owned joint venture has completed a $250 million refinancing of 7 West 34(th) Street, a 477,000 square foot Class A Manhattan office building. Amazon leases all of the office space at the property. The non-recourse, five-year interest only loan matures in February 2031 and has a fixed rate of 5.79%.
The joint venture paid down by $50 million the prior $300 million loan that was fully recourse to Vornado, bore interest at 3.65% and was scheduled to mature in June 2026.
Vornado Realty Trust is a fully-integrated equity real estate investment trust.
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(END) Dow Jones Newswires
January 26, 2026 08:14 ET (13:14 GMT)
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