Alexander's, Inc. Elects Mandakini Puri to the Board and Audit Committee
March 26, 2020 at 01:50 am IST
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On March 25, 2020, the Board of Directors (the “Board”) of Alexander’s, Inc. (the “Company”) elected Mandakini Puri to the Board. In connection with her election to the Board, Ms. Puri was appointed to the Board’s Audit Committee. Ms. Puri has been an independent consultant since May 2013 and has been a member of the Board of Trustees of Vornado Realty Trust since 2016. From May 2011 until May 2013, she served as a Managing Director and Co-Head of BlackRock Private Equity. From April 2009 until April 2011, Ms. Puri served as a consultant to Bank of America/Merrill Lynch Global Private Equity and prior to that she co-founded and served as Chief Investment Officer of Merrill Lynch Global Private Equity.
Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.