# Steven Roth

> Steven Roth is an American real estate investor and Vornado Realty Trust’s chairman and CEO. A co-founder of Interstate Properties, he helped turn the real estate underlying struggling retailers into a property business and later expanded into Manhattan offices, retail and residential development. His work includes the Penn District and Vornado’s participation in 350 Park Avenue; his philanthropy includes Dartmouth’s Hopkins Center for the Arts.

- **Role:** Chairman of the Board and Chief Executive Officer at Vornado Realty Trust
- **Organizations:** Vornado Realty Trust, Interstate Properties, Alexander’s, Inc., Dartmouth College, JBG SMITH Properties, Nareit
- **From:** Brooklyn, United States
- **Nationality:** American
- **Education:** DeWitt Clinton High School, AB, Dartmouth College, MBA with High Distinction, Amos Tuck School of Business, Dartmouth College
- **Known for:** Led Vornado’s transformation from a retailer into a real estate business., Received Nareit’s Industry Leadership Award in 2004., Named among Barron’s World’s Thirty Most Respected CEOs in 2005, 2006 and 2007.

## Career timeline

- **1960s** — Co-founded Interstate Properties with David Mandelbaum and Russell Wight Jr.; accounts differ on the founding year.
- **1979-1980** — Interstate accumulated a Vornado stake; Roth and partners gained control through a proxy contest in 1980.
- **1989** — Became Vornado chairman and CEO in May.
- **1993** — Vornado converted to a real estate investment trust.
- **1995** — Became Alexander’s CEO in March.
- **1996** — Recruited Michael Fascitelli from Goldman Sachs.
- **2002-2003** — Chaired Nareit.
- **2008-2016** — Served as a Dartmouth trustee.
- **2009** — Stepped down as Vornado CEO while remaining chairman.
- **2012** — Received an honorary Doctor of Humane Letters from Dartmouth.
- **2013** — Returned as Vornado CEO on April 15.
- **2024** — Dartmouth announced a $25 million gift from Daryl and Steven Roth for the Hopkins Center transformation.
- **2026** — Vornado closed the 350 Park Avenue venture with a Griffin affiliate and Rudin on October 21.

## Achievements

- Led Vornado’s transformation from a retailer into a real estate business.
- Received Nareit’s Industry Leadership Award in 2004.
- Named among Barron’s World’s Thirty Most Respected CEOs in 2005, 2006 and 2007.
- Helped develop the former Alexander’s site into Bloomberg Tower/One Beacon Court.
- Led Vornado during the development of 220 Central Park South and redevelopment of the Penn District.
- With Daryl Roth, provided the $25 million lead gift toward Dartmouth’s Hopkins Center transformation in 2024.

## Latest updates

- **2026-10** — On October 21, Vornado announced the closing of 350 Park Avenue’s joint venture (60% Griffin affiliate, 36% Vornado, 4% Rudin), a 1.05 million-square-foot Citadel anchor lease and a $3.3 billion construction loan; construction was underway.
- **2026-08** — Vornado’s August 3 second-quarter release reported adjusted FFO of $0.67 per diluted share, compared with $0.56 a year earlier.
- **2024-04** — Dartmouth announced the Roths’ $25 million lead gift toward the Hopkins Center transformation.

## Links

- Website: https://www.vno.com/governance/executive-management

---

Profile page: https://yespress.io/steven-roth
Published by YesPress — https://yespress.io
Last updated: 2026-10-27
