Alexander's Inc V.ALX

Primary Symbol: ALX

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 Fab777on Dec 01, 2014 10:25am

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Post# 23180528

RE:RE:RE:RE:RE:RE:RE:RE:Murry Edwards on Oil price bottom

Thanks for your imput MagicBeans..
Well..what i think that we are looking at an avalanche in the making...
what people do not understand it when gaz price goes down at the pump..governament doesnt make money...then it has to find it somewhere else like you said...
.people have to realise that governament will keep those new way of raising money in place even if gaz price come back to a high level.. at they end, everyone will pay more accross the board....

When it comes to real estate...better be safe then sorry... selling wile you can is all good in my book... you can always buy something else...at bargain price when market is down ;))