FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Maddock Deirdre K.
2. Date of Event Requiring Statement (MM/DD/YYYY)
11/2/2021 

3. Issuer Name and Ticker or Trading Symbol

VORNADO REALTY TRUST [VNO]
(Last)        (First)        (Middle)

C/O VORNADO REALTY TRUST, 888 SEVENTH AVE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP - Chief Accounting Officer /
(Street)

NEW YORK, NY 10019      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 340 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (Right to Buy) 1/10/2018 1/13/2027 Common Shares 244 $82.4398 D  
Options (Right to Buy) 1/10/2019 1/12/2028 Common Shares 335 $70.3102 D  
Options (Right to Buy) 1/10/2020 1/14/2029 Common Shares 387 (2)$62.6188 D  
Options (Right to Buy) 1/10/2021 1/13/2030 Common Shares 1562 (3)$66.86 D  
Options (Right to Buy) 1/10/2021 3/30/2030 Common Shares 1462 (4)$36.72 D  
Restricted Units (5) (6) (6)Common Shares 1521  (5)D  
Restricted Stock Units  (7) (7)Common Shares 21  (8)D  
Restricted Stock Units  (9) (9)Common Shares 49  (8)D  
Restricted Stock Units  (10) (10)Common Shares 280  (8)D  
Restricted Stock Units  (11) (11)Common Shares 230  (8)D  

Explanation of Responses:
(1) Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company").
(2) 193 of these options are vested. The remaining options vest in two equal installments on each of January 10, 2022 and January 10, 2023.
(3) 391 of these options are vested. The remaining options vest ratably on each of January 10, 2022, January 10, 2023 and January 10, 2024.
(4) 366 of these options are vested. The remaining options vest ratably on each of January 10, 2022, January 10, 2023 and January 10, 2024.
(5) On January 12, 2021 the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of the Company. The Restricted Units are a class of units of the Operating Partnership that following the occurrence of certain events and upon vesting are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership ("Class A Units"). Class A Units of the Operating Partnership are redeemable by the holder for cash or, at the Company's election, common shares of the Company on a one-for-one basis or the cash value of such shares.
(6) The Restricted Units vest in equal portions over a four-year period with the initial vesting occurring on January 10, 2022.
(7) These Restricted Stock Units were granted on January 12, 2018 and vest on January 10, 2022. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive an amount in cash equal to in value to the dividends that the reporting person would have received has the reporting person been the actual owner of the number of Common Shares.
(8) Each restricted stock unit represents a contingent right to receive one Common Share.
(9) These Restricted Stock Units were granted on January 14, 2019 and vest ratably on January 10, 2022 and January 10, 2023. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.
(10) These Restricted Stock Units were granted on January 13, 2020 and vest ratably on January 10, 2022, January 10, 2023 and January 10, 2024. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.
(11) These Restricted Stock Units were granted on March 30, 2020 and vest ratably on January 10, 2022, January 10, 2023 and January 10, 2024. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Maddock Deirdre K.
C/O VORNADO REALTY TRUST
888 SEVENTH AVE
NEW YORK, NY 10019


SVP - Chief Accounting Officer

Signatures
/s/ Ryan G. Saum, Attorney in Fact11/12/2021
**Signature of Reporting PersonDate

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