---
schema_version: "secwatch.filing_event.v1"
accession: "0000003499-26-000033"
form_type: "8-K"
ticker: "ALX"
cik: "0000003499"
company_name: "ALEXANDERS INC"
filed_at: "2026-05-28T20:18:09+00:00"
generated_at: "2026-05-28T20:22:11.778716+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alexander's completes $235.5M sale of Rego Park I to Northwell Health; Q2 gain ~$148M

## Summary
- Gross sales price $235.5M; net proceeds $203M; received $224M at closing after $21M pre-paid costs.
- Financial statement gain of ~$148M to be recognized in Q2 2026.
- Tax gain ~$145M; $48M recognized in 2025, ~$97M to be recognized in 2026.
- Property is Rego Park I shopping center in Queens, NY; buyer is Northwell Health, Inc.

## SEC filing metadata
- accession: 0000003499-26-000033
- form_type: 8-K
- ticker: ALX
- cik: 0000003499
- company_name: ALEXANDERS INC
- filed_at: 2026-05-28T20:18:09+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3499/000000349926000033/0000003499-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3499/000000349926000033/alx-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003499-26-000033
- JSON: https://secwatch.observer/filing/0000003499-26-000033.json
- Plain text: https://secwatch.observer/filing/0000003499-26-000033.txt

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