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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 > Good Day
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Comment by UppersDownerson Mar 15, 2017 4:05pm
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Post# 25984282

RE:RE:Good Day

RE:RE:Good Day$30 for a base cost is excellent. I was using CPG figures and they and a few other oil companies are basing their 2017 Capex on $52 oil and I know some are lower. For SPE to use $30 oil for a break even that is very low. I just hope they knock it out of the park as we sure have been pushed down the last few weeks. 
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