secwatch.observer — SEC 8-K summary
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Issuer:     VORNADO REALTY LP (—)
CIK:        0001040765
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000899689-24-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vornado Q1 net loss $0.05/share; FFO as adj. $0.55, down 8.3% YoY
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- Net loss attributable to common shareholders of $9.0M ($0.05/diluted share) vs. net income $5.2M ($0.03) in Q1 2023.
- FFO as adjusted (non-GAAP) of $108.8M ($0.55/diluted), down from $116.3M ($0.60) a year ago.
- Same store NOI at share declined 4.8% YoY; New York office same store NOI down 4.6%.
- New York office occupancy 88.2%; 291,000 sf leased at initial rent $89.23/sf with 11.1-year term.
- Completed $75M refinancing of 435 Seventh Ave; extended $1.075B 280 Park Ave loan to Sep 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040765/000089968924000023/0000899689-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899689/000089968924000023/vno-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000899689-24-000023

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