Vornado Sells $1.1 Billion of Central Park South Condos

Vornado Realty Trust has commitments for $1.1 billion of the condominiums at 220 Central Park South, its luxury residential tower under construction in midtown Manhattan.

Vornado opened a small sales gallery to a “limited audience,” and a third of the building sold within six weeks, Chief Executive Officer Steven Roth said Tuesday on the company’s first-quarter earnings conference call. He declined to disclose an average sales price for the units when asked about it on the call.