Pursuits
Vornado, Related Seeking Chinese Partners for Development
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New York City developers including Vornado Realty Trust and Related Cos. are seeking Chinese partners for new projects, according to top executives at the companies.
“We do have aspirations to do some things which would involve Chinese capital and Chinese investors,” Steven Roth, chairman and chief executive officer of Vornado, said at a forum Tuesday hosted by the China General Chamber of Commerce at Bloomberg LP’s New York headquarters. “It’s likely that Vornado would do something important with Chinese investors over the next year or two.”