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Vornado Secures $3.3B Loan and 1.05M-Square-Foot Lease at 350 Park

Vornado, Ken Griffin and Rudin closed a $3.3 billion construction loan for 350 Park Avenue and signed a 1.05 million-square-foot lease with Citadel Enterprise Americas. Construction is underway.

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Vornado Realty Trust, with Ken Griffin and Rudin, closed a $3.3B construction loan for 350 Park Avenue and signed a 1.05M SF lease with Citadel Enterprise Americas LLC; construction is underway.Material DetailsContext by AI AnalystThis is a major execution step in Vornado’s Midtown repositioning st…