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Real Estate Rumors: Vornado, Paylocity, Joseph Sitt

By Andrew McIntyre ( May 6, 2016, 1:50 PM EDT) -- Real estate investment trust Vornado Realty Trust has scored $60 million in financing from Dekabank for three retail units in New York, The Real Deal reported on Thursday, citing public records. The loan is for units at 11 E. 68th St., which have a combined 10,855 square feet and 100 feet of frontage on Madison Avenue, The Real Deal said. Vornado bought the retail space in 2012, according to the report....

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