Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has around four properties in New York City, consisting of 731 Lexington Avenue, a 1,080,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park II, a 606,000 square foot shopping center, is located on Junction Boulevard in Queens. Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet. Rego Park II center is anchored by a 145,000 square foot Costco and a 133,000 square foot Kohl's.