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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.


NYSE:ALX - Post by User

Alexander's Inc
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Comment by ChungasRevengeon Mar 07, 2015 3:08pm
165 Views
Post# 23500483

RE:RE:RE:RE:RE:RE:hedge

RE:RE:RE:RE:RE:RE:hedge

MagicBeans wrote: I agree, the closer we get to 2016 the riskier a hold is on this name. Its holding steady now and doing good because of the balance sheet and hedging. Smart management, still not an investment I could make given the 2016 risks.



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Bullboard Posts
Dealroom for high-potential pre-IPO opportunities