NYSE:VNOOffice REITs
How Investors May Respond To Vornado Realty Trust (VNO) Meta Flagship Lease And Midtown Dining Deal
Earlier in March 2026, Vornado Realty Trust announced that Meta signed a 10‑year lease to occupy the entire five‑level, 15,000‑square‑foot townhouse at 697 Fifth Avenue for its flagship Meta Lab New York, while Vornado and LeFrak also secured a 15‑year restaurant and office lease with Le Colonial at 50 West 57th Street.
These leases bring a high‑profile technology brand and a high‑end restaurant concept into Vornado’s Midtown Manhattan portfolio, underscoring demand for prime experiential...