Patriots' owner Robert Kraft sells NYC apartment for $22.5 million [FOX Business Network]
Vornado Realty Trust (VNO)
Last vornado realty trust earnings: 2/18 04:38 pm
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Source: FOX Business Network
The billionaire Kraft Group CEO and New England Patriots owner received $22.5 million from a buyer for the apartment he has owned in the Plaza Hotel for 17 years, the outlet reported The Plaza, which contains both hotel rooms and condos, has long been a famous building in the Big Apple. The property underwent a $450 million restoration in the 2000s. The unit that Kraft sold was on the 11th floor, according to the Journal. That floor number matches the number that retired NFL wide receiver Julian Edelman used while playing for the Patriots. Kraft's apartment's sale price reportedly represented a 52.6% increase over the over $17.7 million he spent to buy it. The owner of the New England Patriots has been active elsewhere in the Manhattan real estate market, according to the Journal. He reached an agreement in April to obtain two units within another luxurious building called 220 Central Park South, the outlet reported. That residential tower is just a few blocks from the Pl
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- Vornado Realty Trust (NYSE: VNO) had its price target lowered by analysts at Scotiabank from $24.00 to $23.00. They now have a "sector perform" rating on the stock.MarketBeat
- Vornado Realty Trust (NYSE: VNO) had its price target lowered by analysts at Piper Sandler from $25.00 to $22.00. They now have an "underweight" rating on the stock.MarketBeat
- Why Trump's Most Valuable Towers Would Be So Hard To Sell [Forbes]Forbes
- Patriots' owner Robert Kraft sells NYC apartment for $22.5 million [Yahoo! Finance]Yahoo! Finance
VNO
Earnings
- 5/6/24 - Miss
VNO
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- VNO's page on the SEC website