Vornado JV Completes $250 Million Refinancing of 7 West 34th Street
NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 53% owned joint venture has completed a $250 million refinancing of 7 West 34th 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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