Alexander's files workout. (Alexander's Inc. files bankruptcy plan for real estate interests in metropolitan New York area)

Real Estate Weekly | June 2, 1993| | Copyright

Alexander's Inc. filed a plan with the bankruptcy court last month that includes detailed plans for its real estate interests in the metropolitan area. The company owns six locations, including the former flagship store site on 59th Street and Lexington Avenue and one in Rego Park, while four remaining stores are rented. Certain properties are being taken over by Caldor's in whole or in part, subject to improvements paid for by Alexander's, Inc. while others are in a state of flux with some prospects for rental.

The plan provides an itemized look at Alexander's leases and ...

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