Welcome to our dedicated page for Alexander's news (Ticker: ALX), a resource for investors and traders seeking the latest updates and insights on Alexander's stock.
Alexander's Inc (ALX) is a New York City-focused real estate investment trust (REIT) managing premier commercial properties in one of the world's most dynamic markets. This page provides investors and stakeholders with centralized access to official news, press releases, and strategic updates directly from the company.
Track key developments including leasing agreements, property redevelopment initiatives, and financial performance updates. Our curated news collection ensures timely access to earnings announcements, leadership updates, and market analyses relevant to ALX's six-property portfolio.
Stay informed about critical NYC real estate trends impacting the company, from tenant retention strategies to urban development regulations. Bookmark this page for verified updates on asset management decisions and operational milestones that shape ALX's position in the metropolitan commercial real estate sector.
Alexander's, Inc. extends Bloomberg LP's global headquarters lease at 731 Lexington Avenue Tower through 2040, maintaining nearly one million square feet of office space. The lease extension agreement with Bloomberg LP will last for 11 years starting from the expiration of the existing lease in 2029. Bloomberg will continue to occupy all 946,815 square feet in the building, making it their largest global headquarters with 7,000 New York-based employees out of 12,000. Vornado Realty Trust, a publicly traded company, owns a 32.4% stake in Alexander's, a Real Estate Investment Trust that owns the tower. The decision to renew the lease showcases the high quality and technological advancement of the tower designed by Ceasar and Rafael Pelli. Bloomberg's commitment to stay is a testament to the strong partnership between the companies and their belief in New York City's growth as a global capital.
Alexander’s, Inc. (NYSE: ALX) declared a quarterly dividend of $4.50 per share, payable on May 31, 2024, to stockholders of record on May 13, 2024. The company is a real estate investment trust with properties in the New York City metropolitan area.
FAQ
What is the current stock price of Alexander's (ALX)?
What is the market cap of Alexander's (ALX)?
