Debt Management And Financial HealthVNO has successfully paid down $900 million in debt while increasing cash by $500 million through asset sales, financings, and the NYU deal.
Project Development And MomentumThe PENN District is VNO's highest-growth project with significant momentum, given $2.5B of capital enhancements and transit hub location.
Tenant Demand And LeasingTenant demand remains strong with several large requirements in the market, while asking rents are achieving new heights.