Madison Marquette Inc. and Vornado Realty Trust (NYSE:VNO) have put Hyde Park Village up for sale, according to Chuck Taylor, Senior Vice President of Madison. Bidders are being sought over the past week but listing price has not yet been decided. HFF has been engaged to list the property for sale, did not return requests for comment while Vornado did not comment to Tampa Bay Times.

Vornado Realty Trust announced that Joseph Macnow has been appointed as the company's Chief Administrative Officer, in addition to continuing his role as Executive Vice President - Finance. Mr. Macnow served as Vornado's Executive Vice President - Finance and Administration and Chief Financial Officer since 1985. The company also announced that effective June 1, 2013, Stephen W. Theriot has been appointed as the company's Chief Financial Officer (principal financial officer and principal accounting officer). Prior to joining the company, Mr. Theriot had been a partner of Deloitte & Touche LLP--having been with Deloitte & Touche LLP since 1986. Mr. Theriot most recently served as the Managing Partner of Deloitte's Northeast real estate practice. Mr. Macnow will remain as Vornado's Chief Financial Officer until Mr. Theriot has assumed the position.

Vornado Realty Trust reported earnings results for the first quarter ended March 31, 2013. For the period, the company’s revenues were $721.016 million against $669.241 million a year ago. Net income attributable to common shareholders was $231.990 million, or $1.24 per diluted share, compared to $233.735 million, or $1.25 per diluted share for the quarter ended March 31, 2012. Net income for the quarters ended March 31, 2013 and 2012 include $202.8 million and $56.5 million, respectively, of net gains on sale of real estate, and $5.2 million and $8.9 million, respectively, of real estate impairment losses. In addition, the quarters ended March 31, 2013 and 2012 include certain other items that affect comparability, which are listed in the table below. Adjusting net income attributable to common shareholders for net gains on sale of real estate, real estate impairment losses and the items in the table below, net of amounts attributable to noncontrolling interests, net income attributable to common shareholders for the quarters ended March 31, 2013 and 2012 was $72.2 million and $47.1 million, or $0.39 per diluted share and $0.28 per diluted share, respectively. Income from continuing operations was $81.866 million or $0.20 per diluted share against $208.892 million or $0.90 per diluted share a year ago. Net income attributable to Vornado was $262.922 million against $251.522 million a year ago. Funds from operations attributable to common shareholders plus assumed conversions for the quarter ended March 31, 2013 was $201.8 million, or $1.08 per diluted share, compared to $348.5 million, or $1.82 per diluted share for the prior year's quarter. Adjusting FFO for certain items that affect comparability which are listed in the table below, FFO for the quarters ended March 31, 2013 and 2012 was $213.3 million and $186.9 million, or $1.14 and $0.98 per diluted share, respectively. For the quarter, the company's real estate impairment losses were $3.650 million against $7.026 million a year ago.