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.

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Alexander's Inc

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Post by seeingeyeon Oct 15, 2014 9:45am

232 Views

Post# 23029032

Buy in this week ???

With the open SPE is down as much as 34% for the 3 months ending today
Comparitive with Cresent Point at 30% decline. but thats a divy payer.
Rumours of French buyout potential for TLM with sp still in decline but it is heavy nat gas which is firmer than oil at present.
All on my radar this week .
Yummy time.
GLTUA except Nutbar who is probably still selling LOL

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