Wall Street Journal
Vornado itself is putting in 20% of the capital for the fund, which can generate fees and profits for the company, but much of the profit will go towards the private investors, as opposed to shareholders.
To read the complete WSJ article, click here.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.