TL;DR: Activist Lionbridge Capital launched a compelling activist-campaign at Alexander's (ALX). You can find the letter here. Possibly 30-50% upside from current price-levels if the campaign is successful via special-dividend.
There is also a decent VIC-writeup outlining some of the history of ALX & the Bloomberg building.
Plus, as an owner of ALX Michael Bloomberg pays you rent and you own an asset Donald Trump failed to acquire. One of DJT's most sought-after pieces of NYC real-estate.
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