Vornado strikes deal with Wal-Mart heiress for West Chelsea assemblage

Vornado Realty Trust is stitching together an assemblage just south of Hudson Yards. Steve Roth’s real estate company acquired 537 West 26th Street in West Chelsea, a one-story commercial building that was once the studio of celebrity photographer Annie Leibovitz, for an undisclosed amount, the company announced Tuesday during an earnings call. Vornado already owns the adjacent property to the east at 260 11th Avenue through a 99-year ground lease, and signaled in 2015 when […]

Source: Real Estate

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