Michael D. Fascitelli Steps Down as Alexander`s President

Wed Feb 27, 2013 8:58am EST

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PARAMUS, N.J.--(Business Wire)--
Alexander`s, Inc. (NYSE: ALX) today announced that Michael D. Fascitelli
resigned as the company`s President effective April 15, 2013. Steven Roth
continues to serve as Chairman and Chief Executive Officer of the company. 

Mr. Fascitelli will remain on the company`s Board of Directors through his
current term that will expire at the company`s annual meeting in May 2013. 

Alexander`s, Inc. is a real estate investment trust that has six properties in
the greater New York City metropolitan area. 

Certain statements contained herein may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors, which may cause the actual results, performance or achievements
of the Company to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. Such
factors include, among others, risks associated with the timing of and costs
associated with property improvements, financing commitments and general
competitive factors.

Alexander`s, Inc.
Joseph Macnow, 201-587-8541 

Copyright Business Wire 2013

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