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Vornado Puts 2 Park on the Market

NEW YORK CITY-Vornado Realty, one of the city's largest office building owners, has placed 2 Park Ave. on the market.

By Barbara Jarvie | Updated on May 15, 2003

NEW YORK CITY-Vornado Realty is selling 2 Park Ave. The a 29-story, 963,859-sf building at E. 32nd St. is the New York City base of the Tribune’s Newsday and the Los Angeles Times publications. Other tenants at the 99% leased location include the New York Community Trust.

Woody Heller, a sales broker with Insignia/ESG, has been hired to market the property for Vornado. He expects 2 Park Ave. to sell for approximately $300 million or $300 per sf.It might not be on the market too long. “There is strong interest in the property,” Heller notes.

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