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 > WOW is Right

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Comment by QedYYC90on May 01, 2018 3:59pm

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Post# 27966415

RE:WOW is Right

You could say the same thing about a lot of Canadian oils... VET was trading at $58 back in Dec 2016 with lower production and lower price of oil. A lot of factors at play but for the most part market doesn't like Canada (hence the reason why no other buyers for Spartan... only other bidder would be CPG and they have their hands full at the moment).

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