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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

Comment by oilyexecon Apr 18, 2018 4:31pm
268 Views
Post# 27907008

RE:who is resposible

RE:who is resposibleyou're living in a dream world coffeewiz - corporate governance doesn't even come close to working that way. The exec team has contracts, approved by the BoD and the shareholders at prior AGMs. These guys were granted 10,000,000 warrants at $2/share years back. it was correctly done in accordance with all regulations and as per good corporate governance.

When they restart a new oilco in a few months, get in on the ground floor and buy big time and participate in the upside with them.


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