Vornado Realty Trust, Paramus, N.J., has priced the sale of 8.1 million shares of common stock in a public offering that netted approximately $1 billion.The company said it has granted Lehman Brothers and J.P. Morgan, the underwriters, an option to buy up to an additional 1.215 million common shares to cover any overallotments. Vornado, an equity real estate investment trust, can be found on the Web at http://www.vno.com.

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