Alexander's Inc. reports developments for a New York City real estate investment trust with five properties. Company news centers on quarterly and annual operating results, net income, funds from operations, regular dividends on common shares, and the timing of SEC reports and related conference-call disclosures conducted through Vornado Realty Trust, the manager of Alexander's operations.
Recurring updates also cover property-level lease and financing matters, including agreements tied to 731 Lexington Avenue in Manhattan and debt transactions involving New York City retail and shopping-center assets. These announcements frame Alexander's as an owner and operator whose public disclosures are closely tied to tenant leases, mortgage financing, and cash flows from its property portfolio.
Alexander’s (ALX) reported third-quarter 2026 net income of $27.4 million, up from the same quarter a year earlier. Diluted earnings per share rose to $5.33 from $1.16, while revenue increased to $72.056 million from $53.424 million. Funds from operations (FFO), a non-GAAP measure that adjusts net income for real estate depreciation and certain other items, rose to $36.3 million, or $7.07 per diluted share, from $14.9 million, or $2.91.
For the nine months ended September 30, 2026, revenue reached $180.179 million versus $159.928 million a year earlier. Net income increased to $187.4 million, or $36.48 per diluted share, from $24.4 million, or $4.75. This included a $148.0 million net gain, or $28.81 per diluted share, from selling Rego Park I. Nine-month FFO rose to $65.3 million, or $12.70 per diluted share, from $50.5 million, or $9.84.
Alexander’s (NYSE: ALX) declared a regular quarterly common-share dividend of $4.50 per share, payable on November 20, 2026. Stockholders of record on November 9, 2026 will receive the payment. Alexander’s is a real estate investment trust with four properties in New York City.
Alexander’s (NYSE: ALX) will release its third-quarter earnings on November 2, 2026, before the New York Stock Exchange opens. It will also file its Form 10-Q quarterly report for the quarter ended September 30, 2026, that day.
Vornado Realty Trust (NYSE: VNO), the manager that conducts Alexander’s operations, will host its quarterly earnings conference call and audio webcast on November 3, 2026, at 10:00 a.m. Eastern Time. Information concerning Alexander’s may be discussed on the call.
Alexander’s (NYSE: ALX) reported second quarter 2026 net income of $155.4 million, or $30.24 per diluted share, up from $6.1 million, or $1.19, a year earlier. The quarter included $148.0 million, or $28.81 per share, of income from a net gain on the sale of the Rego Park I property.
FFO (non-GAAP) for Q2 2026 was $15.5 million, or $3.02 per diluted share, compared with $14.8 million, or $2.88, in Q2 2025. Revenues for the quarter were $54.7 million versus $51.6 million.
For the six months ended June 30, 2026, net income was $160.0 million, or $31.15 per diluted share, versus $18.4 million, or $3.59, in 2025. Six‑month FFO was $28.9 million, or $5.63 per diluted share, compared with $35.6 million, or $6.93, a year earlier. The company is a REIT with four New York City properties.
Alexander’s (NYSE: ALX) declared a regular quarterly dividend of $4.50 per common share, payable on August 28, 2026 to stockholders of record as of August 10, 2026. Alexander’s is a real estate investment trust with four properties in New York City.
Alexander’s (NYSE: ALX) will file its Form 10-Q for the quarter ended June 30, 2026 and release its second-quarter 2026 earnings on Monday, August 3, 2026, before the New York Stock Exchange opens.
Vornado Realty Trust (NYSE: VNO), which manages Alexander’s operations, will host its quarterly earnings conference call and audio webcast on Tuesday, August 4, 2026 at 10:00 a.m. ET. The call may include information concerning Alexander’s. Investors can join by dialing 888-317-6003 (domestic) or 412-317-6061 (international) with passcode 0217387, or via a live webcast and replay in the Investor Relations section of Vornado’s website. Alexander’s is described as a real estate investment trust with four properties in New York City.
Alexander’s (NYSE: ALX) signed a 15-year lease, with renewal options, for 135,000 square feet with Target at its Rego Park Shopping Center in Queens, New York.
The 600,000 square foot open-air center is now 99% leased with a weighted average lease term of about 9.3 years.
Alexander’s (NYSE: ALX) completed the sale of its Rego Park I property in Queens, New York, to Northwell Health on May 28, 2026.
The gross sales price was $235.5 million, net proceeds were $203 million, and cash received at closing was $224 million. Alexander’s expects a financial statement gain of approximately $148 million in Q2 2026 and a tax gain of about $145 million, with $48 million recognized in 2025 and roughly $97 million in 2026.
Alexander’s is a REIT owning four properties in New York City.
Alexander’s (NYSE: ALX) reported results for the quarter ended March 31, 2026. Net income was $4.7 million, or $0.91 per diluted share, versus $12.3 million, or $2.40 per diluted share in Q1 2025. FFO (non-GAAP) was $13.4 million, or $2.60 per diluted share, versus $20.8 million, or $4.06 per diluted share in Q1 2025. Total revenues were $53.4 million for the quarter. The company owns five properties in New York City. The filing includes a reconciliation of net income to FFO and standard forward-looking statement disclosures.
Alexander’s (NYSE: ALX) declared a regular quarterly dividend of $4.50 per common share, payable May 29, 2026, to shareholders of record on May 11, 2026. The company is a REIT owning five properties in New York City.
The announcement includes standard forward-looking statements and cites risks including interest rate fluctuations and inflation.