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Vornado Realty VNO Management and leasing fees — Revenue
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Where this comes from
Reported directly by Vornado Realty in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The source filing: Vornado Realty’s 10-Q, filed May 4, 2026.
- Filed
- May 4, 2026, 4:24 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000899689-26-000026
| (Amounts in thousands) | For the Three Months Ended March 31, 2026 / Total | For the Three Months Ended March 31, 2026 / New York(1) | For the Three Months Ended March 31, 2026 / Other(1) | For the Three Months Ended March 31, 2025 / Total | For the Three Months Ended March 31, 2025 / New York(1) | For the Three Months Ended March 31, 2025 / Other(1) |
|---|---|---|---|---|---|---|
| Tenant services | 11,532 | 8,464 | 3,068 | 10,935 | 8,160 | 2,775 |
| Parking revenues | 5,165 | 4,028 | 1,137 | 4,870 | 3,824 | 1,046 |
| Rental revenues | 399,184 | 320,545 | 78,639 | 404,755 | 322,672 | 82,083 |
| BMS cleaning fees | 39,343 | 42,069 | (2,726) | 36,476 | 38,496 | (2,020) |
| Management and leasing fees | 2,715 | 2,922 | (207) | 3,030 | 3,205 | (175) |
| Other income | 17,863 | 11,950 | 5,913 | 17,318 | 10,173 | 7,145 |
| Fee and other income | 59,921 | 56,941 | 2,980 | 56,824 | 51,874 | 4,950 |
| Total revenues | $459,105 | $377,486 | $81,619 | $461,579 | $374,546 | $87,033 |
Item 1. Financial Statements of Vornado Realty Trust:
FAQ
- What is Vornado Realty's management and leasing fees — revenue?
- Vornado Realty (VNO) reported management and leasing fees — revenue of $2.72M in Q1 2026.
- How has Vornado Realty's management and leasing fees — revenue changed year-over-year?
- Vornado Realty's management and leasing fees — revenue decreased by 10.4% year-over-year, from $3.03M to $2.72M.
- What is the long-term trend for Vornado Realty's management and leasing fees — revenue?
- Over 4 years (2021 to 2025), Vornado Realty's management and leasing fees — revenue has grown at a -0.3% compound annual growth rate (CAGR), from $11.73M to $11.56M.
- What does management and leasing fees — revenue mean?
- This metric represents the revenue generated from providing third-party property management and leasing services to external clients or joint venture partners. It reflects the income earned by the company for its expertise in operating and leasing real estate assets beyond its own core portfolio. This revenue stream serves as a fee-based service component that leverages the company's existing operational infrastructure and market presence.
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