Vornado Realty Trust, Ken Griffin, and Rudin have finalized a joint venture for the 350 Park Avenue project in New York City, securing a $3.3 billion construction loan and signing a 1.05 million square foot lease with Citadel Enterprise Americas LLC. The 66-story tower will offer 1.9 million square feet of premium office space and is designed by Foster + Partners. Construction is underway, with 850,000 square feet still available for lease. The project supports local landmarks and public realm improvements, reinforcing Park Avenue's status as a premier office district.
Vornado Realty Trust joint venture news provides context for readers. For those tracking Real Estate sector stocks on Pluang, 22 out of 47 US stocks rose and 19 fell as of Oct 21, 2026 18:51 WIB. Notable movers include NLY at USD 18.50 (+1.15%), IIPR at USD 53.33 (+1.06%), and BEKE at USD 17.87 (-1.05%).
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