Alexander’s reports Q2 FFO $3.31 vs. $3.55 last year

Net income for the quarter ended June 30, 2024 was $8.4 million, or $1.63 per diluted share, compared to $64.1 million, or $12.51 per diluted share for the quarter ended June 30, 2023. Net income for the quarter ended June 30, 2023 included $54.0 million, or $10.52 per diluted share, of income as a result of a net gain from the sale of the Rego Park III land parcel.