| Business Summary | | Alexander's,
Inc.
is
a
real
estate
investment
trust
engaged
in
leasing,
managing,
developing
and
redeveloping
properties.
Alexander's
activities
are
conducted
through
its
manager,
Vornado
Realty
Trust,
which
owns
33.1%
of
the
Company.
Alexander's
holdings
can
be
classified
as
operating
properties
and
non-operating
properties.
The
Company's
operating
properties
include
the
Rego
Park
I
property
located
in
Rego
Park,
Queens,
New
York;
the
Kings
Plaza
Regional
Shopping
Center
in
Brooklyn,
New
York;
and
the
Flushing
property
located
in
Flushing,
New
York.
Alexander's
non-operating
properties
include
the
Lexington
Avenue
property
in
Manhattan,
New
York;
the
Paramus
property
in
Paramus,
New
Jersey;
and
the
Rego
Park
II
property,
which
is
adjacent
to
the
Rego
Park
I
property. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alexander's
Inc.,
is
a
real
estate
investment
trust
engaged
in
leasing,
managing,
developing
and
redeveloping
properties.
For
the
six
months
ended
6/30/01,
total
revenues
rose
9%
to
$34
million.
Net
income
from
continuing
operations
and
before
extraordinary
item
totaled
$5.1
million,
up
from
$1.7
million.
Revenues
reflect
higher
tenant
expense
reimbursements.
Higher
income
also
reflects
higher
capitalized
interest
relating
to
the
development
properties
and
lower
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Mann, 63 Chairman | $250K | Steven Roth, 59 CEO
and Direcor | -- | Patrick Hogan, 33 CFO,
VP | -- | Joseph Macnow, 55 Exec.
VP-Fin. & Admin. | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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