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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 Oilerfan2on Feb 23, 2018 1:57pm
209 Views
Post# 27610787

Management spending with empty pocket- Wannabes

Management spending with empty pocket- WannabesI rarely post on this board but feel compelled to say something. I realize that there are always people who will say that SPE is building for tomorrow. I would suggest that they have not been around for too long. I am seeing a management who once had my respect degenerate to at best a group with very poor skills and are stepping too far past what they can afford. In short - Wannabes. It would be really nice if SPE got taken over by someone who knows what they are doing.
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