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 > Analyst Comment

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Comment by bodiggityon Mar 21, 2017 10:21am

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Post# 26007317

RE:RE:Analyst Comment

We are on the cusp of the biggest driving season and flying season for that matter, in decades! Americans have cheap gas, they bought newer vehicles this year, they feel happy and confident, and they are ready to hit the roads.

You are going to see oil prices start to move higher in April and accelrate upwards into May and June. I say $60/barrel by July 4th long weekend.

Watch and see.

Spartan will be at $4 by then.

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