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 > Scotia's View

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Comment by Cardboard1on Apr 17, 2018 10:07am

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Post# 27896721

RE:Scotia's View

"...is the better option versus forcing a management team that is evidently motivated to sell to push forward."

Motivated to sell... What is so hard about continuing to simply manage this company which generate free cash flow and has no obvious problem? Their salaries are too low?

It is unbeliveable all the BS going on in the WCSB. Fire these managers! Pay their severance crapp and get someone in there motivated to do what is right for shareholders!

Cardboard

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