Northwell Health paid $235.5 million to Alexander’s, a real estate investment trust (REIT) owned by Vornado CEO Steven Roth, to acquire Rego Park I, an unencumbered, 338,000-square-foot retail center ...
Real-estate heavyweight Steven Roth has agreed to sell the long-vacant former Alexander’s department store site in Rego Park to Northwell Health for roughly $235.5 million, the companies disclosed ...
The seller was Steven Roth, who acquired the 340,000-square-foot retail property in 1995 after a battle for control with now-President Donald Trump. Roth and partners stand to reap a nearly $150 ...
Alexander’s, Inc. (NYSE: ALX) announced today that it has entered into an agreement to sell its Rego Park I property to Northwell Health, Inc. The gross purchase price is $235.5 million and the net ...
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The sale comes 12 months after Wildflower acquired the property for $35 million. The property, a former distribution center for the New York Times, is being transformed into an e-commerce logistics ...