Alexander’s REIT Presents Deep-Value NYC Opportunity

On Feb. 28, 2026 Colubeat Investment Desk's Substack published a bullish thesis on Alexander’s, Inc. (NYSE:ALX), arguing the REIT’s concentrated five-property New York City portfolio, anchored by Bloomberg Tower leased through February 2040, and a refinancing that saves about $7.6 million annually underpin an 8.3% yield. The piece estimates a 31% discount to NAV and potential upside toward roughly $350 per share, citing liquidity and dividend preservation.