Every 8-K that Alexander's Inc. (ALX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ALX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALX filings page.
Alexander’s, Inc. has completed the previously announced sale of its Rego Park I property in Queens, New York, to Northwell Health, Inc. for a gross sales price of $235.5 million. The company reports net proceeds of $203 million from the transaction.
Alexander’s had already paid $21 million of costs before closing and therefore received $224 million at closing. The company expects to record a financial statement gain of approximately $148 million in the second quarter. The tax gain is approximately $145 million, with $48 million recognized in 2025 and about $97 million in 2026.
Alexander’s, Inc. reported that stockholders approved its new 2026 Omnibus Stock Plan at the annual meeting. The plan authorizes 500,000 shares of common stock for equity incentives, including 477,121 shares that had remained available under the prior 2016 plan, and is designed to grant various stock-based awards to employees, officers and non-employee directors of Alexander’s and Vornado Realty Trust. The 2016 plan is being superseded, with no further awards made under it, though existing awards stay in place. Stockholders also re-elected three directors, approved executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as independent auditor.
Alexander’s, Inc. entered a new amendment to Bloomberg L.P.’s long-term lease at its 731 Lexington Avenue property. The company granted Bloomberg a rent abatement of $56,808,900 for April 1, 2026 through December 1, 2026, while cutting Bloomberg’s tenant improvement fund by the same amount, from $113,617,800 to $56,808,900. Bloomberg’s lease otherwise remains in place, still covering the entire office condominium and expiring on February 8, 2040. Alexander’s also amended its related loan agreement, creating a free rent reserve account of $56,808,900, including about $53.9 million that was already held by the lender, to cover debt service during the abatement period, with any excess released to the company monthly.
Alexander’s, Inc. agreed to sell its Rego Park I shopping center in Queens, New York, to Northwell Health, Inc. for a gross purchase price of $235.5 million, with expected net proceeds of $202 million paid in cash at closing.
The property is a vacant, three-story, 338,000 square foot structure with a 1,236-space parking garage on 5.9 acres, recently vacated by relocating tenants to the adjacent Rego Park II center. The company expects to record an estimated financial statement gain of $147 million and a tax gain of $145 million, with $48 million recognized in 2025 and approximately $97 million in 2026.
The agreement includes customary representations, covenants and indemnities and is subject to customary closing conditions, with closing expected by the third quarter of 2026. Alexander’s remains a New York City-focused real estate investment trust with five properties.
Alexander’s, Inc. is restructuring the $300,000,000 mortgage on the retail condominium units at its 731 Lexington Avenue property. Two wholly owned subsidiaries entered into an amended and restated loan agreement that extends the debt maturity to December 23, 2035.
The original loan is now split into a $132,500,000 Senior Note (A‑Note) with current interest at 7.00% and a $167,500,000 Junior Note (C‑Note) with 4.55% interest that is not paid currently. Alexander’s subsidiary ALX Rego also provided a separate B‑Note facility for capital and re‑leasing costs and A‑Note interest, accruing 13.5% interest (with amounts above $65 million used to pay A‑Note interest accruing at 7.00%), also maturing in 2035.
ALX Rego purchased the A‑Note at par from the prior lenders, while those lenders retain the C‑Note. Cash flows from the property will be applied first to repay the A‑Note, then the B‑Note, and finally shared 70% to the C‑Note and 30% to the borrower. After a qualified refinancing or sale following the third anniversary, any remaining unpaid debt after this waterfall will be forgiven. The amended loan is non‑recourse to Alexander’s, subject to limited “bad‑boy” carveouts.
Alexander's, Inc. refinanced a $175 million loan on its 615,000 square foot Rego Park II shopping center in Queens, New York. The new interest-only debt is priced at SOFR plus 2.00%, currently totaling 5.82%, and now matures in December 2030, extending the property's debt maturity profile.
The company paid down $23.5 million on the prior $198.5 million loan, which had carried a lower spread of SOFR plus 1.45% and was scheduled to mature on December 12, 2025. The filing also notes that this refinancing creates a new direct financial obligation for the company, and a related press release is attached as an exhibit.