Michael D. Fascitelli Steps Down as President of Alexander's Inc., Effective from April 15, 2013
February 27, 2013 at 07:28 pm IST
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Alexander's Inc. 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 (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.
ALEXANDER'S, INC. 
