X0306 4 2015-01-15 0 0001611547 Urban Edge Properties UE 0000899689 VORNADO REALTY TRUST 888 SEVENTH AVENUE NEW YORK NY 10019 0 0 1 0 0001040765 VORNADO REALTY LP 888 SEVENTH AVENUE NEW YORK NY 10019 0 0 1 0 Common Shares, $0.01 par value (the "Common Shares") 2015-01-15 4 J 0 99246806 A 99247806 I By Vornado Realty L.P. Common Shares 2015-01-15 4 J 0 99247806 0 D 0 I By Vornado Realty L.P. On January 15, 2015, Urban Edge Properties (the "Issuer"), a wholly-owned subsidiary of Vornado Realty L.P. ("VRLP"), issued 99,246,806 Common Shares to VRLP as consideration for the contribution of certain assets to the Issuer by VRLP in connection with the spin-off (the "Spin-Off") of the Issuer from Vornado Realty Trust ("Vornado"). Immediately following such issuance by the Issuer, VRLP distributed 100% of the outstanding Common Shares to holders of record as of the close of business on January 7, 2015 (the "Record Date") of VRLP common limited partnership units, including Vornado, on a pro rata basis based on a ratio of one Common Share for every two VRLP common limited partnership units. Immediately following such distribution by VRLP, Vornado distributed the Common Shares it received from VRLP to holders of record as of the close of business on the Record Date of Vornado common shares on a pro rata basis based on a ratio of one Common Share for every two Vornado common shares. Includes 1,000 Common Shares previously reflected as indirectly held by Vornado and directly held by VRLP. This Form 4 is being filed by Vornado and VRLP (collectively, the "Reporting Persons") with respect to Common Shares of Urban Edge Properties, a Maryland real estate investment trust (the "Issuer"). Vornado is the sole general partner of, and owns approximately 94% of the common limited partnership interests in, VRLP. Vornado Realty Trust - /s/ Stephen W. Theriot, Chief Financial Officer 2015-01-20 Vornado Realty L.P., by Vornado Realty Trust (general partner) - /s/ Stephen W. Theriot, Chief Financial Officer 2015-01-20