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steadybase-$ person Stephen Roth
nameStephen Roth
roleCEO
company Vornado Realty Trust VNO
linkedin none on file
contactnot published
filingsnone on file
quotes
Activities in the Penn District are full steam ahead. Here's the latest. At Farley, we are targeting opening the food hall and the 9th Avenue entrance by year end. Facebook's tenant work is proceeding with first employee occupancy scheduled for second quarter 2022. At the Moynihan train hall, we have completed 22 retail leases. We are gratified and validated that Starbucks reports that its new Moynihan store is trending number one out of its 190 Manhattan locations. In Penn Station, our Long Island Railroad Concourse construction is about one-third complete. We will now own both sides of this heavily trafficked concourse. It will be a big win for us. The 34th Street half of the Penn One Lobby is open, and it is spectacular. Come take a look. Our unique three-level world-class amenity offering will open shortly, and the other half of the Penn One Lobby, which fronts on 33rd Street, will be completed end of first quarter 2022. At Penn II, our full building transformation is well underway. On schedule and on budget, the job is largely bought out. The demolition of Hotel Penn will begin this month, creating the best development site in the city. Both office and retail tenant interest is high in the Penn District, with multiple large office users now focused on Penn II.

Nov 2, 2021 / CEO / receipt, needs a key / Stephen Roth, CEO | earnings call 2021-11-02 | transcript 2c54fb80-461a-4844-844b-98ff9f4b0554 | chars 5038-6323 | segment 5

With travel restrictions coming off this month, international tourists will be returning.

Nov 2, 2021 / CEO / receipt, needs a key / Stephen Roth, CEO | earnings call 2021-11-02 | transcript 2c54fb80-461a-4844-844b-98ff9f4b0554 | chars 2925-3014 | segment 2

The financial sector is now booming, tech is now booming, healthcare is now booming, retailers like Walmart, Target, and Home Depot are now booming, and there is enormous pent-up demand from consumers eager to travel, meaning tourists returning to New York, and spend on all manner of goods and services.

May 4, 2021 / CEO / receipt, needs a key / Stephen Roth, CEO | earnings call 2021-05-04 | transcript 4f03971b-1c6b-4a07-9856-b531e9d724b8 | chars 4351-4655 | segment 4

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