Alexander's

The Company is engaged in leasing, managing, developing and redeveloping its properties. The Company is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). The Company operates six properties in the greater New York City metropolitan area. Its properties include 731 Lexington Avenue, Rego Park I, Rego Park II, Paramus and Flushing. The Company's other properties include Rego Park II Apartment Tower, which is above the Company's Rego II shopping center, containing around 312 units aggregating around 255,000 square feet, and Rego Park III, which is an approximately 3.2 acre land parcel adjacent to the Rego Park II shopping center in Queens at the intersection of Junction Boulevard and the Horace Harding Service Road.