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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Comment by seeingeyeon Oct 15, 2014 10:34am

227 Views

Post# 23029323

RE:RE:RE:Buy in this week ???

Agreed.
Watch the Brent price carefully.
Its down 21.8% over 6 mnths,and 6.7% over the week.
Where it goes all else follows and the Saudis output will determine forward from here .
They are under pressure to withhold increases in production but given the current Geo-politics in the mideast they will be hard pressed to commit methinks.

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