NEW JERSEY—Vornado Realty Trust has completed the acquisition of 666 Fifth Ave. at 53rd Street in New York City for $707 million. Current tenants at the retail condominium include Uniqlo, Hollister and Swatch. Vornado also owns half of the office building above.
The acquisition brings Vornado’s Manhattan street retail portfolio to 2.3 million sq. ft.
A 39-story, 1.45 million-sq.-ft., class A office property, 666 Fifth Ave. is situated on Fifth Avenue between 52nd and 53rd streets.