---
schema_version: "secwatch.filing_event.v1"
accession: "0000899689-26-000028"
form_type: "8-K"
ticker: null
cik: "0001040765"
company_name: "VORNADO REALTY LP"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:48:52.053431+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vornado Q1 net loss $22.8M, FFO as adj $0.52 vs $0.63; new $300M buyback

## Summary
- Net loss $22.8M (diluted EPS -$0.12) vs net income $86.8M ($0.43) in Q1 2025; FFO as adj $0.52 vs $0.63.
- New $300M share buyback authorized; repurchased 2.7M shares at $29.08 avg in Q1.
- Agreed to buy 49% stake in Park Avenue Plaza ($1.1B valuation); Alexander's Rego Park I sale for $235.5M yields ~$44M gain.
- Financing: $500M 5.75% notes due 2033; One Park Ave refinanced at SOFR+1.78%; 888 Seventh Ave default with forbearance through Mar 2027.
- Same-store NOI: NY +6.1%, THE MART +0.3%, 555 California -21.5% YoY.

## SEC filing metadata
- accession: 0000899689-26-000028
- form_type: 8-K
- cik: 0001040765
- company_name: VORNADO REALTY LP
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040765/000089968926000028/0000899689-26-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899689/000089968926000028/vno-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899689-26-000028
- JSON: https://secwatch.observer/filing/0000899689-26-000028.json
- Plain text: https://secwatch.observer/filing/0000899689-26-000028.txt

## Key facts
- Earnings Releases
  VORNADO REALTY LP reported first quarter of 2026 results: net income $22,842,000, or $0.12 per diluted share.
  - Period: first quarter of 2026
  - Net income: $22,842,000, or $0.12 per diluted share
  - Result: reported results
  source text: NET LOSS attributable to common shareholders for the quarter ended March 31, 2026 was $22,842,000, or $0.12 per diluted share, compared to net income attributable to common shareholders of $86,842,000, or $0.43 per diluted share, for the prior year's quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040765/000089968926000028/0000899689-26-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.