Vornado Realty Trust
The bond sale, which would qualify for a major government program aimed at reviving the commercial-property market, is expected to be introduced in the fall, the sources told the daily.
If the deal went ahead, Vornado would join Developers Diversified Realty Corp
The Fed is offering loans to investors for commercial mortgage-backed securities under its Term Asset-Backed Securities Loan Facility, or TALF, in an attempt to revive markets both for new and existing commercial bonds.
Vornado was not immediately available for comments.
(Reporting by Nivedita Bhattacharjee in Bangalore, editing by Will Waterman)