UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

December 523, 2025

ALEXANDERS INC

(Exact Name of Registrant as Specified in Charter)

Delaware

001-06064

51-0100517

(State or Other

(Commission

(IRS Employer

Jurisdiction of Incorporation)

File Number)

Identification No.)

210 Route 4 East

Paramus,

New Jersey

07652

(Address of Principal Executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (201) 587-8541

Former name or former address, if changed since last report: N/A

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2.):


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $1 par value per share

ALX

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 1.01 Entry into a Material Definitive Agreement.

On December 523, 2025, 731 Retail One LLC and 731 Commercial LLC, wholly-owned subsidiaries of Alexander’s, Inc. (the “Company”) ~~completed~~and athe ~~$175~~borrowers ~~million~~(the ~~refinancing~~“Borrower”) ofunder ~~its~~the ~~615~~$300,000,000 ~~square~~mortgage ~~foot~~loan ~~Rego~~(the ~~Park~~“Original IILoan”) ~~shopping~~on ~~center~~the ~~located~~retail incondominium ~~Queens~~units of the Company’s 731 Lexington Avenue property (the “Property”), ~~New~~entered ~~York.~~into ~~The~~an ~~interest-only~~amended and restated loan isagreement atwith ~~SOFR~~the ~~plus~~lenders ~~2.00%,~~named ~~currently~~therein ~~5.82%,~~to restructure and ~~matures~~extend inthe loan to December ~~2030~~23, 2035 (the “Amended Loan Agreement”).

~~Alexander’s~~Under ~~paid~~the ~~down~~Amended byLoan ~~$23.5~~Agreement, ~~million~~ the ~~prior~~Original Loan has been restructured into a $~~198.5~~132,500,000 ~~million~~Senior ~~loan~~Note ~~that~~(the ~~bore~~“A-Note”) accruing interest at(to ~~SOFR~~be ~~plus~~paid 1current) at 7.4500% per annum and ~~was~~a ~~scheduled~~$167,500,000 toJunior ~~mature~~Note on(the ~~December~~“C-Note”) ~~12,~~accruing ~~2025~~interest (not paid current) at 4.55% per annum.

AOn ~~copy~~December 23, 2025, the Borrower also entered into an Intermediate Loan Agreement (the “B-Note”) with ALX Rego Holdings LLC, a wholly-owned subsidiary of the Company’s, ~~press~~as ~~release~~lender ~~announcing~~(“ALX Rego”) that also matures on December 23, 2035. Under the ~~refinancing~~B-Note, isfunds ~~attached~~loaned asby ~~Exhibit~~ALX 99Rego to the Borrower, for capital and re-leasing expenses at the Property, and to fund interest on the A-Note, accrue interest (not paid current) at 13.15% per annum; provided that, to ~~this~~the ~~Current~~extent ~~Report~~more than $65 million has been funded under the B-Note, any additional advances under the B-Note that are used to pay interest on ~~Form~~the 8A-KNote ~~and~~will ~~incorporated~~accrue ~~herein~~interest byat ~~reference~~7.00% per annum.

~~Item~~In ~~2.03 Creation~~connection ofwith athe ~~Direct~~loan ~~Financial~~restructuring, ~~Obligations~~on orDecember an23, ~~Obligation~~2025, ALX Rego purchased the A-Note from the existing lenders under ~~and~~the ~~Off~~Original Loan at par. The C-~~Balance~~Note ~~Sheet~~remains ~~Arrangement~~held ofby athe ~~Registrant~~ existing lenders under the Original Loan (the “Junior Lenders”).

~~The~~Pursuant ~~information~~to ~~set~~the ~~forth~~terms ~~under~~of ~~Item~~the ~~1.01~~Amended ofLoan ~~this~~Agreement, ~~Current~~all ~~Report~~available oncash, ~~Form~~sales ~~8-K~~proceeds isor ~~hereby~~refinancing ~~incorporated~~proceeds byshall ~~reference~~be todistributed ~~this~~as ~~Item~~follows, ~~2.03~~after payment of expenses:

•First, to the A-Note for the payment of the outstanding principal and any accrued but unpaid interest;

•Second, to the B-Note for the payment of the outstanding principal and accrued interest; and

•Third, on a pari passu basis,

◦70% to the C-Note for the payment of outstanding principal and accrued interest, and

◦30% to Borrower.

In the event of a qualified refinancing transaction (which for these purposes shall be based upon the value of the Property as set forth in the appraisal for such qualified refinancing transaction following the 3rd anniversary of the Amended Loan Agreement) or sale, following application of the proceeds in accordance with the foregoing waterfall, any outstanding indebtedness that remains unpaid after such application shall be forgiven.

The Amended Loan Agreement contains certain limited covenants for the benefit of the C-Note and is non-recourse to the Company, subject to limited carveouts for certain “bad-boy” acts.

This disclosure summarizes the material provisions of the Amended Loan Agreement. This summary is qualified in its entirety by reference to the full text of the Amended Loan Agreement which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.

A copy of the Company’s press release announcing this transaction is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligations or an Obligation under and Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference to this Item 2.03.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press Release, dated December 929, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



ALEXANDER’S, INC.
(Registrant)

	By:	/s/ Gary Hansen
	Name:	Gary Hansen
	Title:	Chief Financial Officer (duly authorized officer and principal financial and accounting officer)

Date: December 929, 2025

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