Alexander's: A NY-based REIT, controlling 7 prime properties, managed by Vornado Realty Trust.
Location
Paramus, NJ, US
Founded
1955
Alexander's is a New York-based real estate investment trust (REIT) focused on prime properties in the New York metropolitan area. The company owns and manages seven high-value assets, including 731 Lexington Avenue, which serves as the headquarters for Bloomberg L.P. Alexander's operates under the management of Vornado Realty Trust, which owns a significant stake in the company.
Founded in 1928 by George Farkas and Louis Schwadron, Alexander's has evolved from its origins as a department store chain to become a prominent player in the New York real estate market. The company is publicly traded on the NYSE under the ticker ALX and is a component of the Russell 2000 Index. With a strong portfolio of assets and strategic management, Alexander's continues to be a notable presence in the competitive New York real estate landscape.
Alexander's - Classification
Also Known As
Alexander's, Inc.
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities