Alexander's Inc. reported financial results for the first quarter ended March 31, 2013. Net income attributable to common stockholders for the quarter ended March 31, 2013 was $14.2 million, or $2.77 per diluted share, compared to $19.5 million, or $3.81 per diluted share for the quarter ended March 31, 2012. Net income from continuing operations was $14.2 million, or $2.77 per diluted share for the quarter ended March 31, 2013, compared to $13.0 million, or $2.55 per diluted share for the quarter ended March 31, 2012. Funds from operations attributable to common stockholders for the quarter ended March 31, 2013 was $21.3 million, or $4.18 per diluted share, compared to $28.0 million, or $5.49 per diluted share for prior year's quarter. The quarter ended March 31, 2012 includes FFO of $7.9 million, or $1.54 per diluted share related to discontinued operations. Adjusting FFO for discontinued operations, FFO was $21.3 million and $20.1 million in the quarters ended March 31, 2013 and 2012, or $4.18 and $3.95 per diluted share, respectively. Revenues wwere $48.775 million against $47.301 million for the quarter ended March 31, 2012.

Alexander's Inc. announced that its Board of Directors has declared a regular quarterly dividend of $2.75 per share payable May 23, 2013 to stockholders of record on May 13, 2013.

Alexander's Inc. announced that Michael D. Fascitelli resigned as the company's President effective April 15, 2013. Steven Roth continues to serve as Chairman and Chief Executive Officer of the company. Mr. Fascitelli will remain on the company's Board of Directors through his current term that will expire at the company's annual meeting in May 2013.