ALX

Alexander's, Inc. is a real estate investment trust (REIT) that owns, manages, and develops properties in the New York City metropolitan area. The company's portfolio includes premier office and retail properties located in some of Manhattan's most desirable locations. Alexander's flagship asset is Bloomberg Tower at 731 Lexington Avenue, a mixed-use skyscraper serving as Bloomberg L.P.'s global headquarters. The company generates rental income from long-term leases with creditworthy commercial tenants. Alexander's is managed and supervised by Vornado Realty Trust under a management agreement. The company maintains a concentrated portfolio strategy, focusing on high-value assets in supply-constrained New York City markets. Founded in 1928 and headquartered in Paramus, New Jersey, Alexander's has evolved from a department store chain into a focused real estate company. The company benefits from premier Manhattan real estate locations, strong tenant credit quality, and long-term lease structures. Alexander's provides investors exposure to trophy New York City commercial real estate through a concentrated, high-quality portfolio.