Item 8.01. Other Events.

On January 14, 2009 Vornado Realty Trust (the "Company") issued a press release with respect to the declaration by its Board of Trustees of a dividend on the Company's common shares of beneficial interest that permits shareholders to elect between cash and common shares. A copy of that press release is attached as Exhibit 99.1 hereto and incorporated into this Item 8.01 by reference.

Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibit.
99.1 Press Release, dated January 14, 2009.

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