---
schema_version: "secwatch.filing_event.v1"
accession: "0000003499-24-000033"
form_type: "8-K"
ticker: "ALX"
cik: "0000003499"
company_name: "ALEXANDERS INC"
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:59:13.625871+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alexander's completes $400M refinancing of 731 Lexington Ave office condominium at 5.045% fixed rate

## Summary
- New interest-only loan: $400M at 5.045% fixed, matures Oct 2028; prepayable without penalty from Oct 2026.
- Replaces prior $490M loan at Prime rate (currently 8.00%) that was scheduled to mature Oct 2024.
- Property is Class A Bloomberg LP headquarters building at 731 Lexington Avenue in NYC.

## SEC filing metadata
- accession: 0000003499-24-000033
- form_type: 8-K
- ticker: ALX
- cik: 0000003499
- company_name: ALEXANDERS INC
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3499/000000349924000033/0000003499-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3499/000000349924000033/alx-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003499-24-000033
- JSON: https://secwatch.observer/filing/0000003499-24-000033.json
- Plain text: https://secwatch.observer/filing/0000003499-24-000033.txt

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