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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

Post by retiredcfon Sep 13, 2017 7:06am
340 Views
Post# 26688664

Analyst Recommendation

Analyst Recommendationhttps://www.bnn.ca/market-call/teal-linde-discusses-spartan-energy~1206220

2017-09-11 BUY Teal Linde
 
They amassed about 12 years worth of inventory that is profitable at $50 oil.  They are growing with half the debt of their peers. 
 
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Price:
$5.850
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
No
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