**EXHIBIT 21**

 
| **Name of Subsidiary**                            | ** ** | **State of  Organization** |
|---------------------------------------------------|------------|----------------------------|
|                                              |       |                       |
| 14 West 64th Street  Corporation                  |       | New York                   |
| 14th Street Acquisition  II, L.L.C.               |       | Delaware                   |
| 14th Street  Acquisition, L.L.C.                  |       | Delaware                   |
| 150 East 58th Street,  L.L.C.                     |       | New York                   |
| 1740 Broadway  Associates, L.P.                   |       | Delaware                   |
| 20 Broad Company,  L.L.C.                         |       | New York                   |
| 20 Broad Lender, L.L.C.                           |       | New York                   |
| 201 East 66th Street  Corp.                       |       | New York                   |
| 201 East 66th Street,  L.L.C.                     |       | New York                   |
| 330 Madison Company,  L.L.C.                      |       | New York                   |
| 350 North Orleans,  L.L.C.                        |       | Delaware                   |
| 40 East 14 Realty  Associates General Partnership |       | New York                   |
| 40 East 14 Realty  Associates, L.L.C.             |       | New York                   |
| 40 Fulton Street,  L.L.C.                         |       | New York                   |
| 401 Commercial Son,  L.L.C.                       |       | New York                   |
| 401 Commercial, L.P.                              |       | New York                   |
| 401 General Partner,  L.L.C.                      |       | New York                   |
| 401 Hotel General  Partner, L.L.C.                |       | New York                   |
| 401 Hotel REIT, L.L.C.                            |       | Delaware                   |
| 401 Hotel TRS, Inc.                               |       | Delaware                   |
| 401 Hotel, L.P.                                   |       | New York                   |
| 480-486 JV, L.L.C.                                |       | New York                   |
| 527 West Kinzie, L.L.C.                           |       | Illinois                   |
| 689 Fifth Avenue,  L.L.C.                         |       | New York                   |
| 7 West 34th Street,  L.L.C.                       |       | New York                   |
| 715 Lexington Avenue,  L.L.C.                     |       | New York                   |
| 770 Broadway Company,  L.L.C.                     |       | New York                   |
| 770 Broadway Mezzanine,  L.L.C.                   |       | Delaware                   |
| 770 Broadway Owner,  L.L.C.                       |       | Delaware                   |
| 825 Seventh Avenue  Holding Corporation           |       | New York                   |
| 825 Seventh Avenue  Holding, L.L.C.               |       | New York                   |
| 866 U.N. Plaza  Associates, L.L.C.                |       | New York                   |
| 888 Seventh Avenue,  L.L.C.                       |       | Delaware                   |
| 909 Third Avenue  Assignee, L.L.C.                |       | New York                   |
| 909 Third Company, L.P.                           |       | New York                   |
| 909 Third GP, L.L.C.                              |       | Delaware                   |
| 909 Third Mortgage  Holder, L.L.C.                |       | Delaware                   |
| 968 Third Avenue,  L.L.C.                         |       | New York                   |
| 968 Third, L.L.C.                                 |       | New York                   |
| Allentown VF, L.L.C.                              |       | Pennsylvania               |
| AmeriCold Real Estate,  L.P.                      |       | Delaware                   |
| AmeriCold Realty Trust                            |       | Oregon                     |
| AmeriCold Realty, Inc.                            |       | Delaware                   |
| Amherst II VF, L.L.C.                             |       | New York                   |
| Amherst VF, L.L.C.                                |       | New York                   |
| Arbor Property, L.P.                              |       | Delaware                   |
| Art Al Holding, L.L.C.                            |       | Delaware                   |
| Art Manager, L.L.C.                               |       | Delaware                   |

 

1

----

 
| **Name of Subsidiary**                            | ** ** | **State of  Organization** |
|---------------------------------------------------|------------|----------------------------|
|                                              |       |                       |
| Art Quarry TRS, L.L.C.                            |       | Delaware                   |
| Atlantic City Holding,  L.L.C.                    |       | New Jersey                 |
| B&B Park Avenue,  L.P.                        |       | Delaware                   |
| Bensalem Holding  Company, L.L.C.                 |       | Pennsylvania               |
| Bensalem Holding  Company, L.P.                   |       | Pennsylvania               |
| Bensalem VF, L.L.C.                               |       | Pennsylvania               |
| Bethlehem Holding  Company, L.L.C.                |       | Pennsylvania               |
| Bethlehem Holding  Company, L.P.                  |       | Pennsylvania               |
| Bethlehem Properties  Holding Company, L.L.C.     |       | Pennsylvania               |
| Bethlehem Properties  Holding Company, L.P.       |       | Pennsylvania               |
| Bethlehem VF, L.L.C.                              |       | Pennsylvania               |
| Bethlehem VF, L.P.                                |       | Pennsylvania               |
| BMS Facilities Group,  L.L.C.                     |       | Delaware                   |
| Bordentown II VF,  L.L.C.                         |       | New Jersey                 |
| Bordentown VF, L.L.C.                             |       | New Jersey                 |
| Bricktown VF, L.L.C.                              |       | New Jersey                 |
| Bridgeland Warehouses,  L.L.C.                    |       | New Jersey                 |
| Building Maintenance  Service, L.L.C.             |       | Delaware                   |
| Canadian Craftshow LTD.                           |       | Canada                     |
| Carmar Freezers  Russellville, L.L.C.             |       | Delaware                   |
| Carmar  Freezers-Thomasville, L.L.C.              |       | Missouri                   |
| Carmar Group, L.L.C.                              |       | Delaware                   |
| Carmar Industries,  L.L.C.                        |       | Delaware                   |
| CESC 1101 17th Street  Limited Partnership        |       | Maryland                   |
| CESC 1101 17th Street  Manager, L.L.C.            |       | Delaware                   |
| CESC 1101 17th Street,  L.L.C.                    |       | Delaware                   |
| CESC 1140 Connecticut  Avenue Limited Partnership |       | District of  Columbia      |
| CESC 1140 Connecticut  Avenue Manager, L.L.C.     |       | Delaware                   |
| CESC 1140 Connecticut  Avenue, L.L.C.             |       | Delaware                   |
| CESC 1150 17th Street  Limited Partnership        |       | District of  Columbia      |
| CESC 1150 17th Street  Manager, L.L.C.            |       | Delaware                   |
| CESC 1150 17th Street,  L.L.C.                    |       | Delaware                   |
| CESC 1730 M Street,  L.L.C.                       |       | Delaware                   |
| CESC 1750 Pennsylvania  Avenue, L.L.C.            |       | Delaware                   |
| CESC 2101 L Street,  L.L.C.                       |       | Delaware                   |
| CESC Commerce Executive  Park, L.L.C.             |       | Delaware                   |
| CESC Construction TRS,  Inc.                      |       | Delaware                   |
| CESC Crystal City  Holding L.L.C.                 |       | Delaware                   |
| CESC Crystal City Land  L.L.C.                    |       | Delaware                   |
| CESC Crystal Square  Four, L.L.C.                 |       | Delaware                   |
| CESC Crystal/Rosslyn,  L.L.C.                     |       | Delaware                   |
| CESC District Holdings,  L.L.C.                   |       | Delaware                   |
| CESC Downtown Member,  L.L.C.                     |       | Delaware                   |
| CESC Fairfax Square  Manager, L.L.C.              |       | Delaware                   |
| CESC Five Skyline  Place, L.L.C.                  |       | Delaware                   |
| CESC Four Skyline  Place, L.L.C.                  |       | Delaware                   |
| CESC Gateway Four  L.L.C.                         |       | Virginia                   |
| CESC Gateway One,  L.L.C.                         |       | Delaware                   |
| CESC Gateway Two  Limited Partnership             |       | Virginia                   |
| CESC Gateway Two  Manager, L.L.C.                 |       | Virginia                   |

 

2

----

 
| **Name of Subsidiary**                            | ** ** | **State of  Organization** |
|---------------------------------------------------|------------|----------------------------|
|                                              |       |                       |
| CESC Gateway/Square  Member, L.L.C.               |       | Delaware                   |
| CESC Gateway/Square,  L.L.C.                      |       | Delaware                   |
| CESC Mall Land, L.L.C.                            |       | Virginia                   |
| CESC Mall, L.L.C.                                 |       | Virginia                   |
| CESC One Courthouse  Plaza Holdings, L.L.C.       |       | Delaware                   |
| CESC One Courthouse  Plaza, L.L.C.                |       | Delaware                   |
| CESC One Democracy  Plaza Manager, L.L.C.         |       | Delaware                   |
| CESC One Democracy  Plaza, L.P.                   |       | Maryland                   |
| CESC One Skyline Place,  L.L.C.                   |       | Delaware                   |
| CESC One Skyline Tower,  L.L.C.                   |       | Delaware                   |
| CESC Park Five Land,  L.L.C.                      |       | Delaware                   |
| CESC Park Five Manager,  L.L.C.                   |       | Virginia                   |
| CESC Park Four Land,  L.L.C.                      |       | Delaware                   |
| CESC Park Four Manager,  L.L.C.                   |       | Virginia                   |
| CESC Park One Land,  L.L.C.                       |       | Delaware                   |
| CESC Park One Manager,  L.L.C.                    |       | Delaware                   |
| CESC Park Three Land,  L.L.C.                     |       | Delaware                   |
| CESC Park Three  Manager, L.L.C.                  |       | Virginia                   |
| CESC Park Two , L.L.C.                            |       | Delaware                   |
| CESC Park Two Land,  L.L.C.                       |       | Delaware                   |
| CESC Park Two Manager  L.L.C.                     |       | Virginia                   |
| CESC Plaza Limited  Partnership                   |       | Virginia                   |
| CESC Plaza Manager,  L.L.C.                       |       | Virginia                   |
| CESC Plaza Parking,  L.L.C.                       |       | Delaware                   |
| CESC Realty Park Five,  L.L.C.                    |       | Virginia                   |
| CESC Realty Park Three,  L.L.C.                   |       | Virginia                   |
| CESC Reston Executive  Center, L.L.C.             |       | Delaware                   |
| CESC Seven Skyline  Place, L.L.C.                 |       | Delaware                   |
| CESC Six Skyline Place,  L.L.C.                   |       | Delaware                   |
| CESC Square Four L.L.C.                           |       | Virginia                   |
| CESC Square Four Land  L.L.C.                     |       | Delaware                   |
| CESC Square Land,  L.L.C.                         |       | Delaware                   |
| CESC Square, L.L.C.                               |       | Virginia                   |
| CESC Three Skyline  Place, L.L.C.                 |       | Delaware                   |
| CESC Two Courthouse  Plaza Limited Partnership    |       | Virginia                   |
| CESC Two Courthouse  Plaza Manager, L.L.C.        |       | Delaware                   |
| CESC Two Skyline Place,  L.L.C.                   |       | Delaware                   |
| CESC Tysons Dulles  Plaza, L.L.C.                 |       | Delaware                   |
| CESC Water Park, L.L.C.                           |       | Virginia                   |
| Charles E. Smith  Commercial Realty, L.P.         |       | Delaware                   |
| Charles E. Smith Real  Estate Services, L.P.      |       | Virginia                   |
| Cherry Hill VF, L.L.C.                            |       | New Jersey                 |
| Chicopee Holding,  L.L.C.                         |       | Massachusetts              |
| Commerce Executive Park  Association of Co-Owners |       | Virginia                   |
| Conrans VF, L.L.C.                                |       | New Jersey                 |
| Cumberland Holding,  L.L.C.                       |       | New Jersey                 |
| Darby Development Corp.                           |       | Florida                    |
| Darby Development,  L.L.C.                        |       | Delaware                   |
| Delran VF, L.L.C.                                 |       | New Jersey                 |
| Design Center Owner - DC,  L.L.C.                 |       | Delaware                   |

 

3

----

 
| **Name of Subsidiary**                              | ** ** | **State of  Organization** |
|-----------------------------------------------------|------------|----------------------------|
|                                                |       |                       |
| Dover VF, L.L.C.                                    |       | New Jersey                 |
| DSAC, L.L.C.                                        |       | Texas                      |
| Dundalk VF, L.L.C.                                  |       | Maryland                   |
| Durham Leasing II,  L.L.C.                          |       | New Jersey                 |
| Durham Leasing, L.L.C.                              |       | New Jersey                 |
| East Brunswick VF,  L.L.C.                          |       | New Jersey                 |
| Eatontown Monmouth Mall  (Junior Mezz), L.L.C.      |       | Delaware                   |
| Eatontown Monmouth Mall  (Senior Mezz), L.L.C.      |       | Delaware                   |
| Eatontown Monmouth  Mall, L.L.C.                    |       | Delaware                   |
| Eleven Penn Plaza,  L.L.C.                          |       | New York                   |
| Fairfax Square Partners                             |       | Delaware                   |
| Fifth Crystal Park  Associates Limited Partnership  |       | Virginia                   |
| First Crystal Park  Associates Limited Partnership  |       | Virginia                   |
| Fourth Crystal Park  Associates Limited Partnership |       | Virginia                   |
| Freeport VF, L.L.C.                                 |       | New York                   |
| Fuller Madison, L.L.C.                              |       | New York                   |
| Gallery Market Holding  Company, L.L.C.             |       | Pennsylvania               |
| Gallery Market Holding  Company, L.P.               |       | Pennsylvania               |
| Gallery Market  Properties Holding Company, L.L.C.  |       | Pennsylvania               |
| Gallery Market  Properties Holding Company, L.P.    |       | Pennsylvania               |
| Garfield Parcel, L.L.C.                             |       | New Jersey                 |
| Glen Burnie VF, L.L.C.                              |       | Maryland                   |
| Glenolden VF, L.L.C.                                |       | Pennsylvania               |
| Graybar Building,  L.L.C.                           |       | New York                   |
| Green Acres Mall,  L.L.C.                           |       | Delaware                   |
| Guard Management  Service Corp.                     |       | New York                   |
| Guillford Associates,  L.L.C.                       |       | Delaware                   |
| Hackensack VF, L.L.C.                               |       | New Jersey                 |
| Hagerstown VF, L.L.C.                               |       | Maryland                   |
| Hanover Holding, L.L.C.                             |       | New Jersey                 |
| Hanover Industries,  L.L.C.                         |       | New Jersey                 |
| Hanover Leasing, L.L.C.                             |       | New Jersey                 |
| Hanover Public  Warehousing, L.L.C.                 |       | New Jersey                 |
| Hanover VF, L.L.C.                                  |       | New Jersey                 |
| Henrietta Holding,  L.L.C.                          |       | New York                   |
| Inland Quarries, L.L.C.                             |       | Delaware                   |
| Interior Design Show,  Inc.                         |       | Canada                     |
| Jersey City VF, L.L.C.                              |       | New Jersey                 |
| Kaempfer 1399, L.L.C.                               |       | Delaware                   |
| Kaempfer Commonwealth,  L.L.C.                      |       | Delaware                   |
| Kaempfer Warner, L.L.C.                             |       | Delaware                   |
| Kearny Holding VF,  L.L.C.                          |       | New Jersey                 |
| Kearny Leasing VF,  L.L.C.                          |       | New Jersey                 |
| L.A. Mart Properties,  L.L.C.                       |       | Delaware                   |
| Lancaster Leasing  Company, L.L.C.                  |       | Pennsylvania               |
| Lancaster Leasing  Company, L.P.                    |       | Pennsylvania               |
| Landthorp Enterprises,  L.L.C.                      |       | Delaware                   |
| LaSalle Hubbard L.L.C.                              |       | Delaware                   |
| Lawnside VF, L.L.C.                                 |       | New Jersey                 |
| Lewisville TC, L.L.C.                               |       | Texas                      |

 

4

----

 
| **Name of Subsidiary**                       | ** ** | **State of  Organization** |
|----------------------------------------------|------------|----------------------------|
|                                         |       |                       |
| Littleton Holding,  L.L.C.                   |       | New Jersey                 |
| Lodi II VF, L.L.C.                           |       | New Jersey                 |
| Lodi VF, L.L.C.                              |       | New Jersey                 |
| M 330 Associates, L.P.                       |       | New York                   |
| M 393 Associates,  L.L.C.                    |       | New York                   |
| M/H Two Park Associates                      |       | New York                   |
| Manalapan VF, L.L.C.                         |       | New Jersey                 |
| Market Square - Main  Street, L.L.C.         |       | Delaware                   |
| Market Square Furniture  Plaza L.L.C.        |       | Delaware                   |
| Market Square Group,  Inc.                   |       | Delaware                   |
| Market Square Group,  L.P.                   |       | Delaware                   |
| Market Square Hamilton  Center, L.L.C.       |       | Delaware                   |
| Market Square II,  L.L.C.                    |       | Delaware                   |
| Market Square, L.L.C.                        |       | Delaware                   |
| Market Square-Furniture  Plaza, Inc.         |       | Delaware                   |
| Marlton VF, L.L.C.                           |       | New Jersey                 |
| Marple Holding Company,  L.L.C.              |       | Pennsylvania               |
| Marple Holding Company,  L.P.                |       | Pennsylvania               |
| Mart Franchise Center,  Inc.                 |       | Illinois                   |
| Mart Franchise Venture,  L.L.C.              |       | Delaware                   |
| Mart Parking II, L.L.C.                      |       | Delaware                   |
| Mart Parking, L.L.C.                         |       | Delaware                   |
| Menands VF, L.L.C.                           |       | New York                   |
| Merchandise Mart  Enterprises, Inc. (Canada) |       | Canada                     |
| Merchandise Mart  Properties, Inc.           |       | Delaware                   |
| Merchandise Mart,  L.L.C.                    |       | Delaware                   |
| Mesquite TC, L.L.C.                          |       | Texas                      |
| Middletown VF, L.L.C.                        |       | New Jersey                 |
| MMPI/Highpoint Lease,  L.L.C.                |       | Delaware                   |
| Monmouth Mall, L.L.C.                        |       | Delaware                   |
| Montclair VF, L.L.C.                         |       | New Jersey                 |
| Morris Plains Holding  VF, L.L.C.            |       | New Jersey                 |
| Morris Plains Leasing  VF, L.L.C.            |       | New Jersey                 |
| National Furniture Mart  (NC), L.L.C.        |       | Delaware                   |
| National Hydrant,  L.L.C.                    |       | New York                   |
| New Bridgeland  Warehouses, L.L.C.           |       | Delaware                   |
| New Hanover Holding,  L.L.C.                 |       | Delaware                   |
| New Hanover Industries,  L.L.C.              |       | Delaware                   |
| New Hanover Leasing,  L.L.C                  |       | Delaware                   |
| New Hanover Public  Warehousing, L.L.C.      |       | Delaware                   |
| New Hyde Park VF,  L.L.C.                    |       | New York                   |
| New Kaempfer 1501,  L.L.C.                   |       | Delaware                   |
| New Kaempfer 1925,  L.L.C.                   |       | Delaware                   |
| New Kaempfer Bowen,  L.L.C.                  |       | Delaware                   |
| New Kaempfer IB, L.L.C.                      |       | Delaware                   |
| New Kaempfer  Waterfront, L.L.C.             |       | Delaware                   |
| New KMS, L.L.C.                              |       | Delaware                   |
| New Landthorp  Enterprises, L.L.C.           |       | Delaware                   |
| New TG Hanover, L.L.C.                       |       | Delaware                   |
| New Towmed, L.L.C.                           |       | Delaware                   |

 

5

----

 
| **Name of Subsidiary**                | ** ** | **State of  Organization** |
|---------------------------------------|------------|----------------------------|
|                                  |       |                       |
| New Vornado/Saddle  Brook, L.L.C.     |       | Delaware                   |
| New Woodbridge II,  L.L.C.            |       | New Jersey                 |
| Newington VF, L.L.C.                  |       | Connecticut                |
| NFM Corp.                             |       | Delaware                   |
| NFM Partners, L.P.                    |       | Delaware                   |
| Ninety Park Lender QRS,  Inc.         |       | Delaware                   |
| Ninety Park Lender,  L.L.C.           |       | New York                   |
| Ninety Park Manager,  L.L.C.          |       | New York                   |
| Ninety Park Option,  L.L.C.           |       | New York                   |
| Ninety Park Property,  L.L.C.         |       | New York                   |
| North Bergen VF, L.L.C.               |       | New Jersey                 |
| North Dearborn, L.L.C.                |       | Delaware                   |
| North Plainfield VF,  L.L.C.          |       | New Jersey                 |
| Office Acquisition  Finance, L.L.C.   |       | Delaware                   |
| Office Center Owner  (D.C.), L.L.C.   |       | Delaware                   |
| One Penn Plaza TRS,  Inc.             |       | Delaware                   |
| One Penn Plaza, L.L.C.                |       | New York                   |
| Orleans Hubbard L.L.C.                |       | Delaware                   |
| Palisades 14th Street,  L.L.C.        |       | Delaware                   |
| Palisades A/V Company,  L.L.C.        |       | New Jersey                 |
| Park Four Member,  L.L.C.             |       | Delaware                   |
| Park One Member, L.L.C.               |       | Delaware                   |
| Philadelphia Holding  Company, L.L.C. |       | Pennsylvania               |
| Philadelphia Holding  Company, L.P.   |       | Pennsylvania               |
| Philadelphia VF, L.L.C.               |       | Pennsylvania               |
| Philadelphia VF, L.P.                 |       | Pennsylvania               |
| Pike Holding Company,  L.L.C.         |       | Pennsylvania               |
| Pike Holding Company,  L.P.           |       | Pennsylvania               |
| Pike VF, L.L.C.                       |       | Pennsylvania               |
| Pike VF, L.P.                         |       | Pennsylvania               |
| Powerspace &  Services, Inc.      |       | New York                   |
| Rahway Leasing, L.L.C.                |       | New Jersey                 |
| RF Operations, L.L.C.                 |       | Delaware                   |
| Rochester Holding,  L.L.C.            |       | New York                   |
| Russian Tea Room  Realty, L.L.C.      |       | New York                   |
| SMB Administration,  L.L.C.           |       | Delaware                   |
| SMB Cleaning, L.L.C.                  |       | Delaware                   |
| SMB Holding, L.L.C.                   |       | Delaware                   |
| SMB Tenant Services  Floaters, L.L.C. |       | Delaware                   |
| SMB Tenant Services,  L.L.C.          |       | Delaware                   |
| SMB Windows, L.L.C.                   |       | Delaware                   |
| Smith Commercial  Management, L.L.C.  |       | Virginia                   |
| South Capital, L.L.C.                 |       | Delaware                   |
| Springfield Member VF,  L.L.C.        |       | Delaware                   |
| Springfield VF, L.L.C.                |       | Massachusetts              |
| T 53 Condominium,  L.L.C.             |       | New York                   |
| T.G. Hanover, L.L.C.                  |       | New Jersey                 |
| TGSI, L.L.C.                          |       | Maryland                   |
| The Kaempfer Company,  Inc.           |       | Delaware                   |
| The Park Laurel  Condominium          |       | New York                   |

 

6

----

 
| **Name of Subsidiary**                             | ** ** | **State of  Organization** |
|----------------------------------------------------|------------|----------------------------|
|                                               |       |                       |
| The Second Rochester  Holding, L.L.C.              |       | New York                   |
| Third Crystal Park  Associates Limited Partnership |       | Virginia                   |
| Totowa VF, L.L.C.                                  |       | New Jersey                 |
| Towmed Housing, L.L.C.                             |       | Delaware                   |
| Towmed Intermediate, L.L.C.                        |       | Delaware                   |
| Towson VF, L.L.C.                                  |       | Maryland                   |
| Trees Acquisition  Subsidiary, Inc.                |       | Delaware                   |
| Turnersville VF, L.L.C.                            |       | New Jersey                 |
| Two Guys From Harrison  Holding Co., L.L.C.        |       | Pennsylvania               |
| Two Guys From Harrison  Holding Co., L.P.          |       | Pennsylvania               |
| Two Guys From Harrison  N.Y. (DE), L.L.C.          |       | Delaware                   |
| Two Guys From Harrison  N.Y., L.L.C.               |       | New York                   |
| Two Guys Mass., L.L.C.                             |       | Massachusetts              |
| Two Guys-Connecticut  Holding, L.L.C.              |       | Connecticut                |
| Two Park Company                                   |       | New York                   |
| Two Penn Plaza REIT,  Inc.                         |       | New York                   |
| Union Square East,  L.L.C.                         |       | New York                   |
| Union VF, L.L.C.                                   |       | New Jersey                 |
| Upper Moreland Holding  Company, L.L.C.            |       | Pennsylvania               |
| Upper Moreland Holding  Company, L.P.              |       | Pennsylvania               |
| Upper Moreland VF,  L.L.C.                         |       | Pennsylvania               |
| URS Real Estate, L.P.                              |       | Delaware                   |
| URS Realty, Inc.                                   |       | Delaware                   |
| VBL Company, L.L.C.                                |       | New York                   |
| VC Carthage, L.L.C.                                |       | Delaware                   |
| VC Freezer Amarillo,  L.P.                         |       | Delaware                   |
| VC Freezer Babcock,  L.L.C.                        |       | Delaware                   |
| VC Freezer Bartow,  L.L.C.                         |       | Delaware                   |
| VC Freezer Fort Worth,  L.L.C.                     |       | Delaware                   |
| VC Freezer Fort Worth,  L.P.                       |       | Delaware                   |
| VC Freezer Fremont,  L.L.C.                        |       | Delaware                   |
| VC Freezer Garden City,  L.L.C.                    |       | Delaware                   |
| VC Freezer Kentucky,  L.L.C.                       |       | Delaware                   |
| VC Freezer Massillon,  L.L.C.                      |       | Delaware                   |
| VC Freezer Omaha  Amarillo, L.L.C.                 |       | Delaware                   |
| VC Freezer Ontario,  L.L.C.                        |       | Delaware                   |
| VC Freezer Phoenix,  L.L.C.                        |       | Delaware                   |
| VC Freezer Russelville,  L.L.C.                    |       | Delaware                   |
| VC Freezer Sioux Falls,  L.L.C.                    |       | Delaware                   |
| VC Freezer Springdale,  L.L.C.                     |       | Delaware                   |
| VC Freezer Strasburg,  L.L.C.                      |       | Delaware                   |
| VC Freezer Texarkana,  L.L.C.                      |       | Delaware                   |
| VC Missouri Holdings,  L.L.C.                      |       | Delaware                   |
| VC Missouri Real Estate  Holdings, L.L.C.          |       | Delaware                   |
| VC Omaha Holding  Strasburg SPE, L.L.C.            |       | Delaware                   |
| VC Omaha Holdings,  L.L.C.                         |       | Delaware                   |
| VC Omaha Real Estate  Holdings, L.L.C.             |       | Delaware                   |
| VFC Connecticut  Holding, L.L.C.                   |       | Delaware                   |
| VFC Massachusetts  Holding, L.L.C.                 |       | Delaware                   |
| VFC New Jersey Holding,  L.L.C.                    |       | Delaware                   |

 

7

----

 
| **Name of Subsidiary**                                | ** ** | **State of  Organization** |
|-------------------------------------------------------|------------|----------------------------|
|                                                  |       |                       |
| VFC Pennsylvania  Holding, L.L.C.                     |       | Delaware                   |
| VFC Pennsylvania  Holding, L.P.                       |       | Delaware                   |
| VM Acquisition  Corporation                           |       | Delaware                   |
| VNK Corp.                                             |       | Delaware                   |
| VNK, L.L.C.                                           |       | Delaware                   |
| VNO 386 West Broadway,  L.L.C.                        |       | Delaware                   |
| VNO 387 West Broadway,  L.L.C.                        |       | Delaware                   |
| VNO 424 Sixth Avenue,  L.L.C.                         |       | Delaware                   |
| VNO 426 West Broadway,  L.L.C.                        |       | Delaware                   |
| VNO 63rd Street, L.L.C.                               |       | New York                   |
| VNO 99-01 Queens  Boulevard, L.L.C.                   |       | Delaware                   |
| VNO Broome Street,  L.L.C.                            |       | Delaware                   |
| VNO Crystal City TRS,  Inc.                           |       | Delaware                   |
| VNO Douglaston Plaza,  L.L.C.                         |       | Delaware                   |
| VNO Hotel, L.L.C.                                     |       | Delaware                   |
| Vornado - KC License,  L.L.C.                         |       | Delaware                   |
| Vornado - Westport,  L.L.C.                           |       | Connecticut                |
| Vornado 1399, L.L.C.                                  |       | Delaware                   |
| Vornado 1740 Broadway,  L.L.C.                        |       | New York                   |
| Vornado 175 Lex, Inc.                                 |       | Delaware                   |
| Vornado 1925 K, L.L.C.                                |       | Delaware                   |
| Vornado 25W14, L.L.C.                                 |       | Delaware                   |
| Vornado 330 West 34th  Street, L.L.C.                 |       | New York                   |
| Vornado 401 Commercial,  L.L.C.                       |       | New York                   |
| Vornado 550-600  Mamaroneck, L.P.                     |       | New York                   |
| Vornado 63rd Street,  Inc.                            |       | New York                   |
| Vornado 640 Fifth  Avenue, L.L.C.                     |       | New York                   |
| Vornado 90 Park Avenue,  L.L.C.                       |       | New York                   |
| Vornado 90 Park QRS,  Inc.                            |       | New York                   |
| Vornado Acquisition  Co., L.L.C.                      |       | Delaware                   |
| Vornado Art Holding  Manager, L.L.C.                  |       | Delaware                   |
| Vornado Art I, L.L.C.                                 |       | Delaware                   |
| Vornado Art II, L.L.C.                                |       | Delaware                   |
| Vornado Asset  Protection Trust Grantee (TRS), L.L.C. |       | Delaware                   |
| Vornado B&B, L.L.C.                               |       | New York                   |
| Vornado Ballantrae  Holdings, Inc.                    |       | Delaware                   |
| Vornado Bergen Mall,  L.L.C.                          |       | New Jersey                 |
| Vornado Beverly, L.L.C.                               |       | Delaware                   |
| Vornado Bowen, L.L.C.                                 |       | Delaware                   |
| Vornado Burnside Plaza,  L.L.C.                       |       | Delaware                   |
| Vornado Caguas GP, Inc.                               |       | Delaware                   |
| Vornado Caguas GP,  L.L.C.                            |       | Delaware                   |
| Vornado Caguas Holding,  L.L.C.                       |       | Delaware                   |
| Vornado Caguas Holding,  L.P.                         |       | Delaware                   |
| Vornado Caguas, L.L.C.                                |       | Delaware                   |
| Vornado Caguas, L.P.                                  |       | Delaware                   |
| Vornado CAPI, L.L.C.                                  |       | Delaware                   |
| Vornado Carthage and KC  Quarries TRS, Inc.           |       | Delaware                   |
| Vornado Catalinas GP,  Inc.                           |       | Delaware                   |
| Vornado Catalinas GP,  L.L.C.                         |       | Delaware                   |

 

8

----

 
| **Name of Subsidiary**                           | ** ** | **State of  Organization** |
|--------------------------------------------------|------------|----------------------------|
|                                             |       |                       |
| Vornado Catalinas  Holding, L.L.C.               |       | Delaware                   |
| Vornado Catalinas  Holding, L.P.                 |       | Delaware                   |
| Vornado Catalinas,  L.L.C.                       |       | Delaware                   |
| Vornado Catalinas, L.P.                          |       | Delaware                   |
| Vornado CCA  Gainesville, L.L.C.                 |       | Delaware                   |
| Vornado CESCR Gen-Par,  L.L.C.                   |       | Delaware                   |
| Vornado CESCR Holdings,  L.L.C.                  |       | Delaware                   |
| Vornado CESCR II,  L.L.C.                        |       | Delaware                   |
| Vornado CESCR, L.L.C.                            |       | Delaware                   |
| Vornado Commonwealth,  L.L.C.                    |       | Delaware                   |
| Vornado Communications,  L.L.C.                  |       | Delaware                   |
| Vornado Community GP,  L.L.C.                    |       | Delaware                   |
| Vornado Community LP,  L.L.C.                    |       | Delaware                   |
| Vornado Condominium  Management, L.L.C.          |       | New York                   |
| Vornado Crescent  Carthage and KC Quarry, L.L.C. |       | Delaware                   |
| Vornado Crescent  Portland Partnership           |       | Delaware                   |
| Vornado Crystal City,  L.L.C.                    |       | Delaware                   |
| Vornado Crystal Park  Loan, L.L.C.               |       | Delaware                   |
| Vornado Eleven Penn  Plaza, L.L.C.               |       | Delaware                   |
| Vornado ESA, L.L.C.                              |       | Delaware                   |
| Vornado Finance GP,  L.L.C.                      |       | Delaware                   |
| Vornado Finance II,  L.P.                        |       | Delaware                   |
| Vornado Finance SPE,  Inc.                       |       | Delaware                   |
| Vornado Finance, L.P.                            |       | Delaware                   |
| Vornado Forest Plaza  Member, L.L.C.             |       | Delaware                   |
| Vornado Forest Plaza,  L.L.C.                    |       | Delaware                   |
| Vornado Fort Lee,  L.L.C.                        |       | New Jersey                 |
| Vornado GM III, L.L.C.                           |       | Delaware                   |
| Vornado GM Loan II,  L.L.C.                      |       | Delaware                   |
| Vornado GM Loan IV,  L.L.C.                      |       | Delaware                   |
| Vornado GM Loan, L.L.C.                          |       | Delaware                   |
| Vornado Green Acres  Acquisition, L.L.C.         |       | Delaware                   |
| Vornado Green Acres  Delaware, L.L.C.            |       | Delaware                   |
| Vornado Green Acres  Funding, L.L.C.             |       | Delaware                   |
| Vornado Green Acres  Holdings, L.L.C.            |       | Delaware                   |
| Vornado Green Acres SPE  Managing Member, Inc.   |       | Delaware                   |
| Vornado IB Holdings,  L.L.C.                     |       | Delaware                   |
| Vornado Investment  Corp.                        |       | New York                   |
| Vornado Investments  Corporation                 |       | Delaware                   |
| Vornado Investments,  L.L.C.                     |       | Delaware                   |
| Vornado KMS Holdings,  L.L.C.                    |       | Delaware                   |
| Vornado Lending Corp.                            |       | New Jersey                 |
| Vornado Lending, L.L.C.                          |       | New Jersey                 |
| Vornado Lodi Delaware  Member, L.L.C.            |       | Delaware                   |
| Vornado Lodi Delaware,  L.L.C.                   |       | Delaware                   |
| Vornado Lodi, L.L.C.                             |       | New Jersey                 |
| Vornado M 330, L.L.C.                            |       | New York                   |
| Vornado M 393 QRS, Inc.                          |       | New York                   |
| Vornado M 393, L.L.C.                            |       | New York                   |
| Vornado Mamaroneck,  L.L.C.                      |       | New York                   |

 

9

----

 
| **Name of Subsidiary**                   | ** ** | **State of  Organization** |
|------------------------------------------|------------|----------------------------|
|                                     |       |                       |
| Vornado Management  Corp.                |       | New Jersey                 |
| Vornado Merger Sub,  L.P.                |       | Delaware                   |
| Vornado MH, L.L.C.                       |       | New York                   |
| Vornado MLP GP, L.L.C.                   |       | Delaware                   |
| Vornado Monmouth Mall,  L.L.C.           |       | New Jersey                 |
| Vornado Montehiedra  Acquisition, L.L.C. |       | Delaware                   |
| Vornado Montehiedra  Acquisition, L.P.   |       | Delaware                   |
| Vornado Montehiedra  Holding II, L.P.    |       | Delaware                   |
| Vornado Montehiedra  Holding, L.L.C.     |       | Delaware                   |
| Vornado Montehiedra  Holding, L.P.       |       | Delaware                   |
| Vornado Montehiedra OP,  L.L.C.          |       | Delaware                   |
| Vornado Montehiedra OP,  L.P.            |       | Delaware                   |
| Vornado Montehiedra,  Inc.               |       | Delaware                   |
| Vornado New York RR  One, L.L.C.         |       | New York                   |
| Vornado Newkirk, L.L.C.                  |       | Delaware                   |
| Vornado NK Loan, L.L.C.                  |       | Massachusetts              |
| Vornado Office  Management, L.L.C.       |       | New York                   |
| Vornado Office, Inc.                     |       | New York                   |
| Vornado PS, L.L.C.                       |       | Delaware                   |
| Vornado Realty, L.L.C.                   |       | Delaware                   |
| Vornado Realty, L.P.                     |       | Delaware                   |
| Vornado Rockville,  L.L.C.               |       | Delaware                   |
| Vornado RTR, Inc.                        |       | Delaware                   |
| Vornado SB 1, L.P.                       |       | Delaware                   |
| Vornado SB 10, L.P.                      |       | Delaware                   |
| Vornado SB 11, L.P.                      |       | Delaware                   |
| Vornado SB 12, L.P.                      |       | Delaware                   |
| Vornado SB 13, L.P.                      |       | Delaware                   |
| Vornado SB 14, L.P.                      |       | Delaware                   |
| Vornado SB 15, L.P.                      |       | Delaware                   |
| Vornado SB 16, L.P.                      |       | Delaware                   |
| Vornado SB 17, L.P.                      |       | Delaware                   |
| Vornado SB 18, L.P.                      |       | Delaware                   |
| Vornado SB 19, L.P.                      |       | Delaware                   |
| Vornado SB 2, L.P.                       |       | Delaware                   |
| Vornado SB 20, L.P.                      |       | Delaware                   |
| Vornado SB 21, L.P.                      |       | Delaware                   |
| Vornado SB 22, L.P.                      |       | Delaware                   |
| Vornado SB 23, L.P.                      |       | Delaware                   |
| Vornado SB 24, L.P.                      |       | Delaware                   |
| Vornado SB 25, L.P.                      |       | Delaware                   |
| Vornado SB 3, L.P.                       |       | Delaware                   |
| Vornado SB 4, L.P.                       |       | Delaware                   |
| Vornado SB 5, L.P.                       |       | Delaware                   |
| Vornado SB 6, L.P.                       |       | Delaware                   |
| Vornado SB 7, L.P.                       |       | Delaware                   |
| Vornado SB 8, L.P.                       |       | Delaware                   |
| Vornado SB 9, L.P.                       |       | Delaware                   |
| Vornado SB, L.L.C.                       |       | Delaware                   |
| Vornado SC Properties,  L.L.C.           |       | Delaware                   |

 

10

----

 
| **Name of Subsidiary**                       | ** ** | **State of  Organization** |
|----------------------------------------------|------------|----------------------------|
|                                         |       |                       |
| Vornado Shenandoah  Holdings, L.L.C.         |       | Delaware                   |
| Vornado Sign, L.L.C.                         |       | Delaware                   |
| Vornado Title, L.L.C.                        |       | Delaware                   |
| Vornado TSQ, L.L.C.                          |       | Delaware                   |
| Vornado Two Park  Holding, L.L.C.            |       | Delaware                   |
| Vornado Two Penn Plaza,  L.L.C.              |       | New York                   |
| Vornado Two Penn  Property, L.L.C.           |       | Delaware                   |
| Vornado Vegas Blvd  Debt, L.L.C.             |       | Delaware                   |
| Vornado Vegas Blvd  Equity, L.L.C.           |       | Delaware                   |
| Vornado Warner, L.L.C.                       |       | Delaware                   |
| Vornado Waterfront  Holdings, L.L.C.         |       | Delaware                   |
| Vornado/Tea Room,  L.L.C.                    |       | New York                   |
| VRT Development Rights,  L.L.C.              |       | New York                   |
| VRT Massachusetts  Holding, L.L.C.           |       | Delaware                   |
| VRT New Jersey Holding,  L.L.C.              |       | Delaware                   |
| VSPS, L.L.C.                                 |       | Delaware                   |
| Washington CESC TRS,  Inc.                   |       | Delaware                   |
| Washington Design  Center DC, L.L.C.         |       | Delaware                   |
| Washington Design Center  Subsidiary, L.L.C. |       | Delaware                   |
| Washington Mart TRS,  Inc.                   |       | Delaware                   |
| Washington Office  Center DC, L.L.C.         |       | Delaware                   |
| Watchung VF, L.L.C.                          |       | New Jersey                 |
| Waterbury VF, L.L.C.                         |       | Connecticut                |
| Wayne VF, L.L.C.                             |       | New Jersey                 |
| Wells Kinzie, L.L.C.                         |       | Delaware                   |
| West Windsor Holding  Corporation            |       | New Jersey                 |
| West Windsor Holding,  L.L.C.                |       | New Jersey                 |
| Woodbridge VF, L.L.C.                        |       | New Jersey                 |
| York Holding Company,  L.L.C.                |       | Pennsylvania               |
| York Holding Company,  L.P.                  |       | Pennsylvania               |
| York VF, L.L.C.                              |       | Pennsylvania               |

 

11

----