Alexander's, Inc. (ALX)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · ALX
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Approval of a new stock plan with no impact on current management.
Entry into a Material Definitive Agreement. On March 31, 2026 , 731 Office One LLC, a wholly-owned subsidiary of Alexander’s, Inc. (the “Company”), entered into the Tenth Amendment of Lease (the “Lease Amendment”) with Bloomberg L.P. (“Bloomberg”), amending Bloomberg’s lease of the office condominium at the Company’s 731 Lexington Avenue property (the “Property”). Pursuant to the terms of the Lease Amendment, the Company will give Bloomberg a rent abatement of $56,808,900 with respect to the…
Entry into a Material Definitive Agreement. On March 6, 2026 , Alexander’s Rego Shopping Center LLC, a wholly-owned subsidiary of Alexander’s, Inc. (the “Company”), entered into an Agreement of Purchase and Sale (the “Agreement”) with Northwell Health, Inc. (“Northwell”) to sell its Rego Park I shopping center (“Rego Park I”) located in Queens to Northwell for $235.5 million in cash payable upon closing. The Company expects to receive net proceeds of $202 million. The sale includes a vacant,…
Creation of a Direct Financial Obligations or an Obligation under and Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Entry into a Material Definitive Agreement. On December 23, 2025, 731 Retail One LLC and 731 Commercial LLC, wholly-owned subsidiaries of Alexander’s, Inc. (the “Company”) and the borrowers (the “Borrower”) under the $300,000,000 mortgage loan (the “Original Loan”) on the retail condominium units of the Company’s 731 Lexington Avenue property (the “Property”), entered into an amended and restated loan agreement with the lenders named therein to restructure and extend the loan to December 23,…
Creation of a Direct Financial Obligations or an Obligation under and Off-Balance Sheet Arrangement of a Registrant The information set forth under
Entry into a Material Definitive Agreement. On December 5, 2025, Alexander’s, Inc. (the “Company”) completed a $175 million refinancing of its 615,000 square foot Rego Park II shopping center located in Queens, New York. The interest-only loan is at SOFR plus 2.00%, currently 5.82%, and matures in December 2030. Alexander’s paid down by $23.5 million the prior $198.5 million loan that bore interest at SOFR plus 1.45% and was scheduled to mature on December 12, 2025. A copy of the Company’s pr…
Director, Chair of the Audit Committee, Chair of the Compensation Committee — Dr. Richard West: Due to health reasons, Dr. Richard West resigned from the Board of Directors and his roles as Chair of the Audit Committee and Compensation Committee.
Entry into a Material Definitive Agreement. On September 30, 2024, Alexander’s, Inc. (the “Company”) completed a $400 million refinancing of the office condominium portion of 731 Lexington Avenue. The interest-only loan carries a fixed rate of 5.045% and matures in October 2028. The loan is prepayable, at the Company’s option, with no penalty, beginning in October 2026. The loan replaces the prior $490 million loan on the office condominium, that bore interest at the Prime rate (currently 8.0…
Creation of a Direct Financial Obligations or an Obligation under and Off-Balance Sheet Arrangement of a Registrant The information set forth under
Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For a discussion of factors…
Entry into a Material Definitive Agreement. On June 11, 2024, 731 Office One LLC ("Borrower"), a wholly-owned subsidiary of Alexander’s, Inc., and Wilmington Trust, National Association, as Trustee, for the Benefit of the Holders of DBCG 2017-BBG Mortgage Trust Commercial Mortgage Pass-Through Certificates, entered into an amendment (the "Amendment") to the Loan Agreement dated June 1, 2017, relating to the $500,000,000 mortgage loan secured by the office portion of the 731 Lexington Avenue p…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Entry into a Material Definitive Agreement. On September 14, 2020, 731 Commercial LLC and 731 Retail LLC, wholly-owned subsidiaries of Alexander’s, Inc. (the “Company”) and the obligors (the “Obligors”) on the mortgage loan (the “Mortgage Loan”) on the retail condominium units of the Company’s 731 Lexington Avenue property, entered into an amendment (the “Amendment”) of the Mortgage Loan with the lenders named therein that extends the maturity date of the Mortgage Loan to August 5, 2025. In c…
Entry into a Material Definitive Agreement. On August 19, 2020, 731 Commercial LLC and 731 Retail LLC, wholly-owned subsidiaries of Alexander’s, Inc. (the “Company”) and the obligors (the “Obligors”) on the $350,000,000 mortgage loan (the “Mortgage Loan”) on the retail condominium units of the Company’s 731 Lexington Avenue property, entered into an amendment of the Mortgage Loan (the “Amendment”) with the lenders named therein that, effective as of August 5, 2020, extends the maturity date o…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Other Events. The Company and the lenders named in the Mortgage Loan have agreed in principle to an amendment of the Mortgage Loan that includes an extension of the maturity date of the Mortgage Loan to August 5, 2025 subject to a principal repayment of $50,000,000 of the Mortgage Loan and a guaranty by the Company of the interest expense associated with the Mortgage Loan and of certain leasing costs of the Obligors. The sole assets of the Obligors are the retail condominium units of the Comp…
Director — Mandakini Puri: Ms. Mandakini Puri was elected to the Board of Directors and appointed to the Audit Committee.
Director — Mandakini Puri: Ms. Mandakini Puri was elected to the Board and appointed to the Audit Committee.
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