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EXPLAINED: Vornado realty trust | Vintage Vibes

NYC billionaire Steve Roth compares ‘tax the rich’ to racial slurs, says the 1% deserve a medal not a bill

NYC billionaire Steve Roth just compared the phrase “tax the rich” to racial slurs, arguing the ultra-wealthy deserve medals instead of tax bills. During Vornado Realty Trust’s latest earnings call, Roth didn’t hold back, calling the slogan “just as hateful as some disgusting racial slurs” and even lumping it in…

The Mary Sue

New York real estate titan likens the phrase ‘tax the rich’ to racial slurs

Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5m

The Guardian - US

Three Oversold REITs With Strong Fundamentals

REITs have become a forgotten asset class during the AI boom years, but now that volatility has returned, this sector could be on the verge of a turnaround.

MarketBeat

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General Motors To Rally More Than 24%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Recession Warning: 5 Stocks to Avoid After Jamie Dimon's Cautious Economic Outlook

Many investors are pricing in a "soft landing," but Dimon says companies in industries like commercial real estate and banking could still remain vulnerable to macro headwinds, such as interest rates, inflation, and unemployment rates.

Barchart

These 3 REITs Are Paying Huge Dividends

Smart investors know that when a solid company is out of favor with Wall Street and its stock has been beaten down, it’s usually just a matter of time before the stock rebounds and the shares begin to sell in more of their usual range.

Benzinga

Merchandise Mart owner plans residential tower nearby, City Council member says

Ald. Brendan Reilly (42nd) has told constituents Vornado Realty Trust has a plan to build at the southwest corner of Kinzie and Canal streets.

Chicago Sun-Times

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