NEW YORK CITY-In the midst of the turmoil, there must be some sort of enjoyment Michael Fascitelli, the erstwhile CEO of Vornado, must be getting about the media's buzzing over the reasons behind his departure and the succession plan to follow.
Last week, JP Morgan released an analysis that floated such likely names as SL Green chief Marc Holliday or president Andrew Mathias. Sources we spoke to consider Holliday the most likely choice, but Morgan also offered Vornado insiders David Greenbaum, who heads the New York division, and Mitchell Schear, who manages DC.
But in a follow up interview, Anthony Paolone, executive director of Americas Equity Research for JP Morgan, indicated that Steve Roth himself could be the guy.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
