Alexander's Inc. Stock Analysis ALX

Alexander's, Inc. is a real estate investment trust company, which engages in leasing, managing, developing, and redeveloping its properties. The company is headquartered in Paramus, New Jersey and currently employs 103 full-time employees. The firm is engaged in leasing, managing, developing and redeveloping its properties. The company is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). The company has around five properties in New York City, consisting of 731 Lexington Avenue, a 1,080,000 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 II, a 606,000 square foot shopping center, is located on Junction Boulevard in Queens; Rego Park I, a 338,000 square foot shopping center, is located adjacent to its Rego Park II shopping center. 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.