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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Retail > Alexander's, Inc.

Alexander's, Inc.
NYSE: ALX
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 PROFILE
Alexander's is a real estate investment trust (REIT) that owns, manages, and leases seven properties with a total of about 1.5 million sq. ft. of space in New York City and New Jersey. Once a department store chain, Alexander's held on to its property ownership interests, including the site of its erstwhile flagship store -- an entire block on Manhattan's Lexington Avenue -- on which it hopes to construct a mixed-use building with retail, office, and condominium space. Retailer Sears, Roebuck accounts for more than one-fifth of the company's rents. Vornado Realty Trust and entities affiliated it, which outbid Donald Trump for control of Alexander's, own about 60% of the company and manage its real estate business.

 COMPETITION
Acadia Realty Trust (AKR)
The Lefrak Organization (dossier)
Simon Property Group, Inc. (SPG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 65.10
1-Yr. Sales Growth: (0.5)%
Employees: 78
Revenue per employee: $834,615.38

 KEY PEOPLE
• Steven Roth
    CEO
• Joseph Macnow
    CFO

 CONTACT INFO
Park 80 West, Plaza II
Saddle Brook, NJ 07663
US
Phone: 201-587-8541
Fax: 201-587-0061

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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