1
                                                                    EXHIBIT 23.4


                   [Letterhead of Sharrard, McGee & Co., P.A.]

                          INDEPENDENT AUDITORS' CONSENT


We consent to the incorporation by reference into this Registration Statement of
Vornado Realty Trust on Form S-8 of our report dated September 30, 1998 on the
statement of income and expense of certain properties of Market Square Limited
Partnership for the year ended December 31, 1997 and our compilation report
dated November 12, 1998 on the statement of income and expense of certain
properties of Market Square Limited Partnership for the nine months ended
September 30, 1998 and 1997, which reports appear in the Form 8-K of Vornado
Realty Trust, dated August 12, 1998 and filed with the Securities and Exchange
Commission on February 12, 1999.


/s/ Sharrard, McGee & Co., P.A.

High Point, North Carolina
June 24, 1999