7.31.19 - Free and clear: Vornado pays off debt at 220 CPS

Steve Roth has called 220 Central Park South the “most successful” condo project anywhere, and now Vornado Realty Trust’s uber-luxe development is debt free.

Vornado has said it plans to reinvest proceeds from the Robert A.M. Stern-designed condo tower into its Penn Plaza area development, eliminating the need to take on additional debt.

Read the full Real Deal article here