Vornado liquidating trust
Sales grew from $6.8 million in fiscal 1952 (the year ended August 31, 1952) to $38 million in fiscal 1957.
Many of the factors that will determine the outcome of these and JBG SMITHs other forward-looking statements are beyond our ability to control or predict.Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a copy of a presentation, dated June 2017, to be used in investor presentations regarding JBG SMITH Properties ( JBG SMITH), a wholly-owned subsidiary of Vornado Realty Trust ( Vornado), that is to be spun-off by Vornado.A copy of the presentation is available on Vornados website at com and JBG SMITHs website at The accompanying presentation and related discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As previously disclosed, the Company plans to appoint becomes the external manager to the Company. Silverstein served as Executive Vice President and Co-Head of Acquisitions and Capital Markets for Vornado Realty, a position she held from 1998 until . Silverstein is currently providing consulting services to Winthrop REIT Advisors, the Company's current exclusive advisor with respect to all matters primarily related to the plan of liquidation and consultant on other matters.NYRT may disseminate important information regarding it and its operations, including financial information, through social media platforms such as Twitter, Facebook and Linked In.
Forward-Looking Statements The statements in this press release that are not historical facts may be forward-looking statements.
"Wendy is an accomplished executive with a track record of success and value creation in the real estate industry and we look forward to benefitting from her extensive financial, capital markets and transaction experience as we execute the plan of liquidation." "NYRT has an outstanding portfolio of assets and I have gotten to know my fellow Board members very well over the past few months," said Ms. "I look forward to working with them and leveraging my real estate transaction experience as we execute the plan of liquidation as expeditiously as possible and work to maximize value for all NYRT stockholders." In addition to her prior role as executive Vice President and Co-Head of Acquisitions and Capital Markets for Vornado Realty, Ms.
Silverstein previously served as a member of the Investment Committee for Vornado's private equity fund, Vornado Capital Partners, LP. Silverstein spent eight years as a Vice President and Senior Credit Officer of Citicorp Real Estate and Citibank, N. Silverstein currently serves on the Board of Directors of Toys R Us, Inc., Wayne Real Estate Company, LLC and Alexander's Inc.
In 1947 Herbert Hubschman and his brother Sidney opened a household-appliance store in a Harrison, New Jersey, converted diner.
This was the first in a discount chain named Two Guys From Harrison, which originally sold major appliances, later adding other appliances and housewares.
At Vornado, she was responsible for a diverse range of capital market activities including all equity, debt, and derivative transactions of Vornado, as well as a variety of real estate and corporate acquisitions. Silverstein's extensive real estate, finance and board experience position her well to assist NYRT as it executes the plan of liquidation.