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About
Alexander's, Inc. is a real estate investment trust, which engages in leasing, managing, developing, and redeveloping of properties. Its portfolio includes properties in New York metropolitan area consisting of: 731 Lexington Avenue, Rego Park I, Rego Park II, The Alexander Apartment Tower, Paramus, Flushing, and Rego Park III. The company was founded on May 16, 1955 and is headquartered in Paramus, NJ. | |||
Description
Alexander's, Inc., a real estate investment trust (REIT), engages in leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area. The company's properties include office and retail spaces, and shopping centers. It owns seven properties comprising operating properties and a property to be developed. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. Alexander's, Inc. was founded in 1955 and is based in Paramus, New Jersey. |