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Time-sensitive event — see the red-flag panel below for the source-quoted detail.

Red Flags Detected

  • Debt Default (new) — The 888 Seventh Avenue mortgage matured and was not repaid, triggering a lender-declared event of default and a subsequent forbearance agreement.
NYSE: VNO VORNADO REALTY TRUST 10-Q

Vornado net income falls 95.8% to $32.0M; FFO per share rises 23%

Filed August 3, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read

Key Changes

  • high

    Liquidity declined to $2.0B from $2.9B, with cash and equivalents falling to $789M from $1.4B, primarily due to repayment of $400M senior notes and increased investing activities.

    MD&A: Liquidity verify on EDGAR →
  • medium

    Vornado repurchased $133.4M of common shares in the first half of 2026, and the Board authorized an additional $300M for buybacks in April 2026.

    Notes: Share repurchase program verify on EDGAR →

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify