Key Takeaways Vornado stock jumped 11% in a month, topping the industry growth of 1.3%.The REIT acquired the 623 Fifth Avenue office condo for $218 million.Vornado leased 1.7M sq ft in Q2, mostly NYC offices at strong rent gains.Shares of Vornado Realty Trust (VNO) have risen 11% in a month, outperforming the industry’s growth of 1.3%.Vornado’s premium assets in a few select high-rent, high-barrier-to-entry markets are likely to prosper amid healthy demand. Portfolio-repositioning efforts and a healthy bala ...