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Vornado Realty Trust Becomes First in Nation to Achieve LEED Certification Across Entire In-Service Portfolio
VornadoVornado(US:VNO) Globenewswire·2025-01-21 13:26

Core Insights - Vornado Realty Trust has achieved 100% LEED certification across its entire portfolio of in-service buildings, becoming the first major real estate owner, operator, and developer to do so in the United States [2][4] - The LEED certification, developed by the U.S. Green Building Council, is the most widely used green building rating system globally, promoting sustainable building practices that enhance environmental and human health [3] Company Achievements - Vornado's portfolio includes 26.1 million square feet of in-service buildings, with 24.8 million square feet across 25 buildings receiving the highest LEED Platinum or Gold ratings [4][10] - The company has a strong presence in New York City, with additional assets in San Francisco and Chicago, and has been recognized for its long-standing commitment to sustainability [5][10] Sustainability Initiatives - Vornado is focused on advancing sustainable real estate through technology, resilience, and health, aiming to create lasting value for investors, tenants, and communities [6][8] - The company has implemented measures such as submetering and real-time energy monitoring to reduce consumption and improve energy efficiency across its portfolio [5][6] Industry Recognition - Vornado was awarded the inaugural 2024 Sustainability Impact Award by Nareit for its redevelopment of THE PENN DISTRICT, a 10 million-square-foot campus in Manhattan [8] - The PENN DISTRICT also received the first-ever U.S. certification and Platinum rating globally from ModeScore, highlighting Vornado's success in transforming the area into a greener commercial hub [8]