Oops, Vornado’s Got Some Explaining to Do: Non-Cash Impairment Charges to Shake Up Fourth Quarter 2022 Financial Results!
Oh No! Vornado Announces Non-Cash Impairment Charges What Does This Mean? So, apparently Vornado Realty Trust is taking a bit of a hit with approximately $600 million in non-cash impairment charges for the quarter ended December 31, 2022. Ouch! That’s gotta hurt. Delving Deeper It seems like a big chunk of that amount, around $480…