Alexander's Inc V.ALX

Primary Symbol: ALX

Real Estate REIT - Retail

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.

NYSE:ALX - Post by User

Alexander's Inc

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Post by seeingeyeon Oct 07, 2014 9:52am

133 Views

Post# 23005473

Reminder

I called this for $3 to $2.80 range in 2 months ago.
Some of you where more optomistic and believed the fundie boys spiel of a $5 to $8 run up.
Not going to happen unless an act of God burns down the entire middle east.
Set your stop losses carefully .
This IMO is not done yet and the next Q report will be the hingepin here.

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