New York Landlord Vornado Bets $1 Billion That More Commuters Will Return

Wall Street Journal, June 27, 2023–Kate King, Craig Karmin (subscription)
Employees frequently cite the dreaded commute as their biggest reason for avoiding the office. But one of America’s most prominent landlords is featuring the commute as a selling point for a 9-million-square-foot real-estate project surrounding Manhattan’s Penn Station.