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 > Teine

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Comment by himmleron Apr 17, 2018 9:25am

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Post# 27896291

RE:RE:RE:RE:Teine

Something does smell bad.Do you really think that management will lose on this deal?Insiders can circumvent trades by using many different angles.Sounds to me as though you're just too trusting in this system.Not happy with the deal either are you? Neither am I,but to me it sounds as though some valid points have been brought up.The valuation on Spe are just too low.Wittman may be wrong on his counter offer theory,but we wiil see.

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