---
schema_version: "secwatch.filing_event.v1"
accession: "0000003499-23-000021"
form_type: "8-K"
ticker: "ALX"
cik: "0000003499"
company_name: "ALEXANDERS INC"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:39:42.576456+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Alexander's completes sale of Rego Park III land parcel for $71M; expects $54M gain

## Summary
- Sold Rego Park III land parcel in Queens, NY for $71 million, inclusive of Brownfield tax benefits and cost reimbursement.
- Expects a financial statement gain of approximately $54 million from the sale.
- Property comprises 670,000 buildable sq ft in an Opportunity Zone, vested for 421a Affordable Housing Program.
- Shareholders re-elected three directors and recommended, via non-binding vote, an advisory vote on exec compensation every three years.

## SEC filing metadata
- accession: 0000003499-23-000021
- form_type: 8-K
- ticker: ALX
- cik: 0000003499
- company_name: ALEXANDERS INC
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/0000003499-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/alx-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003499-23-000021
- JSON: https://secwatch.observer/filing/0000003499-23-000021.json
- Plain text: https://secwatch.observer/filing/0000003499-23-000021.txt

## Key facts
- Shareholder Votes
  ALEXANDERS INC shareholders approved Election of three nominees to serve on the Board of Directors for a three-year term and until their respective successors are duly elected. at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 1 – Election of three nominees to serve on the Board of Directors for a three-year term and until their respective successors are duly elected. Nominee For Withheld Broker Non-Votes Thomas R. DiBenedetto 4,243,697 361,086 237,707 Mandakini Puri 4,398,042 206,741 237,707 Russell B. Wight, Jr. 4,145,552 459,231 237,707
  evidence_url: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/0000003499-23-000021-index.htm
- Shareholder Votes
  ALEXANDERS INC shareholders approved Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year 2023. at the 2023-05-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 2 – Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year 2023. For Against Abstain Votes Cast 4,831,150 10,826 514
  evidence_url: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/0000003499-23-000021-index.htm
- Shareholder Votes
  ALEXANDERS INC shareholders approved Non-binding advisory vote on the frequency of executive compensation advisory votes for our named executive officers. at the 2023-05-18 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 4 – Non-binding advisory vote on the frequency of executive compensation advisory votes for our named executive officers. One Year Two Years Three Years Abstain Votes Cast 1,323,260 1,647 3,066,042 43,886
  evidence_url: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/0000003499-23-000021-index.htm
- Shareholder Votes
  ALEXANDERS INC shareholders approved Non-binding advisory vote on executive compensation for our named executive officers. at the 2023-05-18 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 3 – Non-binding advisory vote on executive compensation paid to our named executive officers. For Against Abstain Broker Non-Votes Votes Cast 4,014,917 548,047 41,819 237,707
  evidence_url: https://www.sec.gov/Archives/edgar/data/3499/000000349923000021/0000003499-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.