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 > Book value

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Comment by moneymaker1414on Mar 23, 2018 12:36pm

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Post# 27770731

RE:RE:Book value

the trend will change one day.... up 2% down 4%.... once that cycle stops we can start thinking of buying and selling again.... Oil moved a couple bucks and this stock lags... once oil goes back down SPE will drop another 4%... the trend will change one day but for now its a hold and ride it out.

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