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Alexander's knows what's great about real estate. The real estate investment trust (REIT) owns, manages, and leases a handful of properties totaling about 2.3 million sq. ft. in New York City and New Jersey. Once a department store chain, Alexander's held on to its property interests, including the site of its erstwhile flagship store -- an entire block on Manhattan's Lexington Avenue. The REIT leases space at the mixed-use Lexington site to tenants such as Bloomberg, Citibank, The Home Depot, and The Container Store. The Lexington site is also home to about 100 condos. Bloomberg accounts for about a third of sales. Vornado Realty Trust owns 33% of the company and manages its real estate business.
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| | | Contact Information | |
Address: |
210 Rte. 4 East
Paramus, NJ 07652
| | Phone: | 201-587-8541 | | Fax: | 201-708-6214 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 163.80 M | | Revenue Growth (1 yr): | (-21.20%) | | Employees (2008): | 82 | | Employee Growth (1 yr): | (-17.20%) |
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Key People
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Chairman and CEO:
Steven Roth
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President and Director:
Michael D. Fascitelli
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EVP and CFO:
Joseph Macnow
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