ALEXANDERS INC (ALX) — Current Report

AI-Powered SEC Filing Analysis

Latest Current Report Filed: 2026-03-31

Key Insights

Alexanders Inc. has entered into a Tenth Amendment of Lease with Bloomberg L.P., providing a $56.8 million rent abatement from April to December 2026.
The company has also amended its loan agreement to establish a free rent reserve account to cover Bloomberg's monthly base rent during the abatement period.
The material terms of Bloomberg's lease, including the expiration date of February 2040, remain unchanged despite the rent abatement.

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Earlier Current Report filings

Filed: 2026-03-09

Alexanders Inc. has agreed to sell its Rego Park I shopping center in Queens, New York for $235.5 million in cash to Northwell Health, Inc.
The company expects to receive net proceeds of $202 million from the sale, which includes a vacant 338,000 square foot structure and a 1,236 space parking garage.
The sale is expected to close in the third quarter of 2026 and is subject to customary closing conditions.

Other reports for ALEXANDERS INC

Annual Report

Important Information

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