ALX news

Latest 2 stories · newest May 28, 2026

ALX
Alexander's Inc completes $235.5M sale of Rego Park I property to Northwell Health

Alexander's Inc completed the sale of its Rego Park I property in Queens, New York to Northwell Health for $235.5 million, with net proceeds of $203 million and an expected financial statement gain of approximately $148 million in Q2 2026. The transaction reduces the REIT's New York City portfolio t…

ALX
Alexander's Inc adopts 2026 Omnibus Stock Plan with deferred stock unit grants for directors

Alexander's Inc has established a 2026 Omnibus Stock Plan enabling deferred stock unit grants to board members as compensation and incentive tool. The plan includes dividend equivalent rights and delivery provisions tied to directors' tenure on the board.

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