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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Vornado Realty Trust
Ownership Structure: publicly traded (ticker symbol VNO)
Headquartered in: New York
Major Industry: real estate
Specific Industry: real estate
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $1,622,372,483 | 29 |
Federal (grants and allocated tax credits) | $1,484,853 | 1 |
TOTAL | $1,623,857,336 | 30 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2010. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New York | $1,604,750,311 | 27 |
New Jersey | $17,622,172 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Vornado Sun, LLC | United States | federal | 2012 | $1,484,853 | | federal grant |
VNO 99-01 QUEENS BOULEVARD | New York | local | 2011 | $10,597 | | property tax abatement |
VORNADO REALTY L.P. | New York | local | 2011 | $15,362 | | property tax abatement |
VNO BRUCKNER PLAZA LLC | New York | local | 2011 | $31,242 | | property tax abatement |
968 THIRD AVENUE | New York | local | 2011 | $70,340 | | property tax abatement |
VORNADO GUN HILL ROAD | New York | local | 2011 | $152,326 | | property tax abatement |
715 LEXINGTON AVENUE | New York | local | 2011 | $307,850 | | property tax abatement |
VNO BROOME STREET LLC | New York | local | 2011 | $392,912 | | property tax abatement |
VNO BRUCKNER PLAZA L | New York | local | 2011 | $462,642 | | property tax abatement |
VNO BRUCKNER PLAZA LLC | New York | local | 2011 | $705,633 | | property tax abatement |
VORNADO 640 FIFTH AV | New York | local | 2011 | $1,096,200 | | property tax abatement |
4 USS LLC | New York | local | 2011 | $1,107,619 | | property tax abatement |
VORNADO SHENANDOAH HOLDINGS | New York | local | 2011 | $2,996,280 | | property tax abatement |
ALEXANDER'S OF REGO | New York | local | 2011 | $8,895,206 | | property tax abatement |
VNO 99-01 QUEENS BOULEVARD | New York | local | 2012 | $7,949 | | property tax abatement |
VNO BRUCKNER PLAZA LLC | New York | local | 2012 | $32,527 | | property tax abatement |
968 THIRD AVENUE | New York | local | 2012 | $70,353 | | property tax abatement |
VORNADO GUN HILL ROAD | New York | local | 2012 | $161,493 | | property tax abatement |
715 LEXINGTON AVENUE | New York | local | 2012 | $307,910 | | property tax abatement |
VNO BROOME STREET LLC | New York | local | 2012 | $392,989 | | property tax abatement |
VNO BRUCKNER PLAZA LLC | New York | local | 2012 | $646,474 | | property tax abatement |
VNO BRUCKNER PLAZA L | New York | local | 2012 | $664,474 | | property tax abatement |
VORNADO 640 FIFTH AV | New York | local | 2012 | $877,133 | | property tax abatement |
4 USS LLC | New York | local | 2012 | $1,107,837 | | property tax abatement |
330 MADISON CO LLC | New York | local | 2012 | $1,989,310 | | property tax abatement |
VORNADO SHENANDOAH HOLDINGS | New York | local | 2012 | $2,247,653 | | property tax abatement |
Vornado Realty Trust | New York | state | 2022 | $1,200,000,000 | | MEGADEAL |
Vornado Realty Trust | New York | multiple | 2023 | $380,000,000 | | MEGADEAL |
VSPS, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Eatontown Monmouth Mall LLC | New Jersey | state | 2011 | $4,109,172 | | tax credit/rebate |
VSPS, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
VNO Wayne Town Center, LLC | New Jersey | state | 2012 | $13,513,000 | | tax credit/rebate |
ALEXANDERS INC | California | local | 2012 | undisclosed | | tax credit/rebate |