Key Takeaways VNO secured a 70,000-square-foot inaugural studio lease with Paramount at Sunset Pier 94 Studios.VNO benefits from diversifying into alternative property uses, boosting long-term revenues and earnings.The lease aids VNO's studio venture, backed by tax credits, a prime location and large-scale facilities.Vornado Realty Trust (VNO) recently announced an inaugural lease at Sunset Pier 94 Studios with Paramount Television Studios. The lease encompasses 70,000 square feet to be used for filming the ...