Alexander's Department Stores, Inc. was a private corporation controlled, at this time, by Farbro Corp., a holding company owned by Farkas, his wife, and his four sons. It is controlled by Vornado Realty Trust.
alexander's, department store, lexington avenue, world ... 105th street 1923 1949 1960 1960s 1972 1979 2009 abduction adolph green airport arrested babe ruth betty comden bronx brooklyn campaign commercial commercials curse dog run east harlem educational film etan patz ferry fiorello laguardia frank sinatra Frick Collection gene kelly god's love we deliver greenwich village harold … Alexander's is a real estate investment trust that owns 7 properties in New York metropolitan area, including 731 Lexington Avenue, the headquarters of Bloomberg L.P.
The original store opened in 1928 on Third Avenue in the Bronx, ultimately growing into an area-wide chain that included an additional fifteen properties. In 1962 Louis Schwadron, a relative who had helped found Alexander's and owned, with his family, a large block of its stock, sold his 38 percent interest to E.J. All but one of the stores were located in buildings owned by the company… The budget department store company…
The death knell rang for another big New York City retailer yesterday as Alexander's Inc. closed its 11 stores and filed for bankruptcy protection. Catering to fashion savvy middle-income consumers, Alexander’s Department Store was best known for its’ discounted designer fashions and high-quality private label goods. Before it filed for bankruptcy in 1992, Alexander's also operated a department store chain that included 16 stores at its peak.
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