Alexander's Reports Q3 Net Loss

//October 27, 2005//

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Net income for the nine months ended September 30 was $41,928,000 compared with a net loss of $32,162,000 in year-ago period.Alexander’s (NYSE: ALX) of Paramus has reported a net loss of $6,754,000 for the quarter ended September 30, 2005, compared with a net loss of $11,693,000 for the year-ago quarter. Funds from operations for the third quarter resulted in a loss of $1,779,000 compared with a loss of $7,908,000 for the third quarter of 2004. The real estate investment trust’s net income for the nine months ended September 30, 2005 was $41,928,000 compared with a net loss of $32,162,000 for the nine months ended September 30, 2004. Company shares traded at $242.25 in the early session.