Vornado joint venture refinances 61 Ninth Avenue with $161 million loan
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Vornado JV Completes $161 Million Refinancing of 61 Ninth Avenue
May 12, 2026 4:34 PM EDTNEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) announced today that its 45.1% owned joint venture has completed a $161 million refinancing of 61 Ninth Avenue, a 194,000 square foot office and retail property in the Meatpacking district of Manhattan, which is fully leased to Aetna and Starbucks. The interest only loan, which matures in March 2029, as fully extended, carries a rate of SOFR plus 3.00% for the first year, SOFR... More
