Vornado Realty Trust

We’re proud to announce that Vornado Realty Trust has achieved 100% LEED Certification across all in-service office buildings, with 96% of the portfolio certified at LEED Gold or higher. As a leader in sustainability, Vornado has reinforced this commitment through years of impactful actions that set the standard for our industry. To learn more, head to the link below. https://lnkd.in/eBZG-zWc

Vornado Realty Trust’s commitment to sustainability, together with the participation of our retailers, exemplifies the power of collective action. Office Hours at PENN 1 and PENN 2, along with The Irish Exit at Moynihan Train Hall, have earned Oceanic Global’s prestigious Blue 1-Star Seal. This recognition underscores our dedication to eliminating single-use plastics, implementing effective waste management, and driving impactful environmental initiatives throughout our operations. To learn more, head to the link below. https://bluestandard.com/

Vornado Realty Trust has received a GRESB Assessment score of 92, placing us in the top 3% performance score within Americas/Listed. Additionally, Vornado earned the Green Star designation and a 5-star rating for the 12th consecutive year. These ongoing achievements in sustainability underscore our unwavering commitment to a greener future. To learn more, head to the link below. https://lnkd.in/eBZG-zWc

Vornado Realty Trust is a proud recipient of Nareit’s inaugural “The Impact at Scale Award,” celebrating portfolio-wide operational initiatives that advance corporate sustainability and deliver measurable impact. Nareit highlighted Vornado’s role in "setting a new standard for the modern, sustainable workplace" through the transformative efforts in THE PENN DISTRICT. Vornado remains committed to driving sustainability and fostering a greener future. To learn more, head to the link below. https://lnkd.in/euvA_w7A

Vornado Realty Trust is proud to be recognized with a 2024 Better Practice Award from the U.S. Department of Energy’s Better Buildings Initiative. These annual awards celebrate groundbreaking and industry-leading achievements in advancing and promoting sustainable management practices, principles, and procedures. In 2022, Vornado achieved a 64% waste diversion rate across its portfolio and, building on this success, set an ambitious goal to expand its programs, including composting, across 85% of its office portfolio by 2025. As of September 2023, Vornado exceeded its target, reaching 100% organics program coverage across its office spaces in New York, New Jersey, Chicago, and San Francisco, encompassing over 34 million square feet. To learn more, head to the link below. https://lnkd.in/e9mBMNHS

Recently, 15 graduate and undergraduate students completed the Fried Frank and Project Destined Real Estate Law and Development Bridge Program. This multiweek program provided the students with career opportunities in real estate law and development through a curriculum led by Fried Frank’s Real Estate partners and graduate school professors. The students were also treated to a special walking tour of Vornado Realty Trust’s PENN 1, PENN 2 and Moynihan Train Hall, where they received a behind-the-scenes look at one of New York City’s largest developments.

To honor September 11th, Vornado Realty Trust participated in the National Day of Service and Remembrance by volunteering with the NYC Meal Pack at the Intrepid Museum. Vornado helped pack 2 million meals for New Yorkers experiencing food insecurity, which will be distributed through City Harvest and the Food Bank For New York City. This act of service reflects the spirit of unity that brought the nation together after 9/11, transforming the anniversary into a day of giving back.

ModeScore has awarded its first US certification to New York’s PENN DISTRICT campus, recognising Vornado Realty Trust's success in transforming the area into a greener, more accessible, and more connected commercial hub with a Platinum ModeScore rating 🏆 Situated directly above Penn Station, THE PENN DISTRICT has come to life from a meticulous masterplan developed by Foster + Partners, under the direction of Vornado, to dramatically transform the experience for office tenants, commuters, and visitors. With direct proximity to the busiest transit hub in North America, THE PENN DISTRICT earned a high score in the Public Transport section of the ModeScore assessment. The district also impressed in the Site-wide Mobility section, thanks to the prevalence of both pedal-powered and electric deliveries to the site 🚛⚡️ Vornado worked with New York City to reconfigure the streets around Penn Station and Madison Square Garden to create a connected campus for PENN 1 and PENN 2. The works included separating and updating the entrances to the office buildings, closing 33rd Street to create an outdoor pedestrian park, and upgrading entrances to create barrier-free access to commuter, regional and national train systems. James Nash, co-founder of ModeScore and ActiveScore, said: “We're thrilled to see Vornado Realty Trust’s PENN DISTRICT lead the way in the USA with North America’s first ModeScore certification. This marks a significant step towards our shared vision for sustainable mobility in real estate. The new PENN DISTRICT feels open, intuitively interconnected, effortless and exhilarating. Together, we're paving the way for a greener, more accessible and more connected future.” Glen Weiss, Executive Vice President of Vornado Realty Trust, said: “We are honored to be the country’s first recipient of ModeScore certification. Sustainability and accessibility have been at the core of our vision for THE PENN DISTRICT. We are proud to have transformed the area into a beautiful, welcoming, and dynamic destination for all those who come to the District.” #THEPENNDISTRICT #NewYork #ModeScore #ModeScorePlatinum #ESG

Vornado Realty Trust has been named to the TIME list of World’s Most Sustainable Companies 2024. TIME, partnering with data firm Statista, began with a comprehensive selection from over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. “The ranking sets a benchmark for other businesses, fostering transparency and accountability and encouraging the integration of sustainability into core corporate strategies,” TIME said. To learn more, head to the link below. https://lnkd.in/ebnJj5iE

Bloomberg has extended its headquarters lease through 2040 at 731 Lexington Avenue, a 56-story, mixed-use tower with breathtaking views of Central Park and panoramic vistas of New York City. Maintaining its exclusive occupancy, Bloomberg will retain all 946,815 square feet of office space at 731 Lexington Ave. To learn more, head to the link below. https://lnkd.in/egXFYkEc