An unknown buyer entered into an agreement to acquire Four Manhattan Retail Properties from Vornado Realty Trust (NYSE:VNO) for approximately $100 million on July 27, 2023. In a related transaction Vornado Realty Trust agreed to sell a fifth retail asset for the combined sale price of $124.4 million. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023.

An unknown buyer completed the acquisition of Four Manhattan Retail Properties from Vornado Realty Trust (NYSE:VNO) on August 10, 2023.