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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 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.
| Company | Location | Subsidy Source | Year | Subsidy Value  | Loan/Bailout Value | Type of Subsidy |
| Vornado Realty Trust | New York | state | 2022 | $1,200,000,000 | | MEGADEAL  |
| Vornado Realty Trust | New York | multiple | 2023 | $380,000,000 | | MEGADEAL |
| VNO Wayne Town Center, LLC | New Jersey | state | 2012 | $13,513,000 | | tax credit/rebate |
| ALEXANDER'S OF REGO | New York | local | 2011 | $8,895,206 | | property tax abatement |
| Eatontown Monmouth Mall LLC | New Jersey | state | 2011 | $4,109,172 | | tax credit/rebate |
| VORNADO SHENANDOAH HOLDINGS | New York | local | 2011 | $2,996,280 | | property tax abatement |
| VORNADO SHENANDOAH HOLDINGS | New York | local | 2012 | $2,247,653 | | property tax abatement |
| 330 MADISON CO LLC | New York | local | 2012 | $1,989,310 | | property tax abatement |
| Vornado Sun, LLC | United States | federal | 2012 | $1,484,853 | | federal grant |
| 4 USS LLC | New York | local | 2012 | $1,107,837 | | property tax abatement |
| 4 USS LLC | New York | local | 2011 | $1,107,619 | | property tax abatement |
| VORNADO 640 FIFTH AV | New York | local | 2011 | $1,096,200 | | property tax abatement |
| VORNADO 640 FIFTH AV | New York | local | 2012 | $877,133 | | property tax abatement |
| VNO BRUCKNER PLAZA LLC | New York | local | 2011 | $705,633 | | property tax abatement |
| VNO BRUCKNER PLAZA L | New York | local | 2012 | $664,474 | | property tax abatement |
| VNO BRUCKNER PLAZA LLC | New York | local | 2012 | $646,474 | | property tax abatement |
| VNO BRUCKNER PLAZA L | New York | local | 2011 | $462,642 | | property tax abatement |
| VNO BROOME STREET LLC | New York | local | 2012 | $392,989 | | property tax abatement |
| VNO BROOME STREET LLC | New York | local | 2011 | $392,912 | | property tax abatement |
| 715 LEXINGTON AVENUE | New York | local | 2012 | $307,910 | | property tax abatement |
| 715 LEXINGTON AVENUE | New York | local | 2011 | $307,850 | | property tax abatement |
| VORNADO GUN HILL ROAD | New York | local | 2012 | $161,493 | | property tax abatement |
| VORNADO GUN HILL ROAD | New York | local | 2011 | $152,326 | | property tax abatement |
| 968 THIRD AVENUE | New York | local | 2012 | $70,353 | | property tax abatement |
| 968 THIRD AVENUE | New York | local | 2011 | $70,340 | | property tax abatement |
| VNO BRUCKNER PLAZA LLC | New York | local | 2012 | $32,527 | | property tax abatement |
| VNO BRUCKNER PLAZA LLC | New York | local | 2011 | $31,242 | | property tax abatement |
| VORNADO REALTY L.P. | New York | local | 2011 | $15,362 | | property tax abatement |
| VNO 99-01 QUEENS BOULEVARD | New York | local | 2011 | $10,597 | | property tax abatement |
| VNO 99-01 QUEENS BOULEVARD | New York | local | 2012 | $7,949 | | property tax abatement |
| VSPS, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
| VSPS, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
| ALEXANDERS INC | California | local | 2012 | undisclosed | | tax credit/rebate |
