Alexander's Inc V.ALX

Primary Symbol: ALX

Real Estate REIT - Retail

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 > Price of oil and stock price

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Comment by Summon3ron Nov 24, 2017 10:30am

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Post# 27025496

RE:Price of oil and stock price

investor1960 wrote: with the price of oil over 58...why is the price of this stock not climbing faster??? Is it because there is doubt that the price of oil will stay above 50 ??

there was an article floating around somewhere that a lot of the big players are waiting for the OPEC/Russia deal to be done as pretty much everyone got burnt last year. mix that with the utter rubbish energy environment here in canada and there you go.

that said these stock prices are absurdly CHEAP

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