Vornado Realty Trust (Vornado) is an integrated real estate investment trust (REIT). Vornado conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P., a limited partnership (the Operating Partnership). As of December 31, 2011, the Company was the sole general partner of, and owned approximately 93.5% of the common limited partnership interest in the Operating Partnership. Vornado operates in five business segments: New York Office Properties, Washington, DC Office Properties, Retail Properties, Merchandise Mart Properties and Toys R Us (Toys). In December 2013, the Company sold 866 United Nations Plaza, a 360,000 square foot office building in Manhattan. In August 2014, Vornado Realty Trust announced that a joint venture owned equally by Vornado's real estate fund (Vornado Capital Partners, L.P.) and its joint venture partner, a real estate fund managed by Angelo, Gordon & Co., have sold Georgetown Park.