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Pictet Asset Management SA’s holdings in Vornado Realty Trust were worth $735,000 at the end of the most recent quarter.
Piper Sandler reduced their target price on shares of Vornado Realty Trust from $20.00 to $17.00 and set an “underweight” rating for the company in a research note on Friday, October 7th.
Putnam Investments LLC boosted its position in shares of Vornado Realty Trust by 1,503.2% in the 4th quarter.
Quinn Opportunity Partners LLC bought a new position in Vornado Realty Trust in the first quarter worth approximately $768,000.
The glass-boxed, multi-use Townhall at Penn District, developed by Vornado Realty Trust and managed by Skylight, is slated to open in early 2024.
Source: https://variety.com/2023/awards/focus/nightlife-spots-party-new-york-city-los-angeles-1235841541/
While the Vornado plan has been abandoned in the short-term, it could be revived if economic conditions improve.
Source: https://www.nytimes.com/2023/03/28/nyregion/penn-station-hochul-nyc.html