Vornado Realty Trust, Paramus, N.J., has announced the sale of $100 million of 6.75% series D-14 cumulative redeemable preferred units in a private placement.The units, which were sold to an institutional investor, may be called without penalty at the option of the issuer beginning in September 2010. The equity REIT can be found on the Web at http://www.vno.com.

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