<SEC-DOCUMENT>0001179110-11-008903.txt : 20110531
<SEC-HEADER>0001179110-11-008903.hdr.sgml : 20110530
<ACCEPTANCE-DATETIME>20110531164553
ACCESSION NUMBER:		0001179110-11-008903
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110526
FILED AS OF DATE:		20110531
DATE AS OF CHANGE:		20110531

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			UNDERBERG NEIL
		CENTRAL INDEX KEY:			0001247865

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06064
		FILM NUMBER:		11881952

	MAIL ADDRESS:	
		STREET 1:		888 SEVENTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALEXANDERS INC
		CENTRAL INDEX KEY:			0000003499
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				510100517
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		210 ROUTE 4 EAST
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07652
		BUSINESS PHONE:		201-587-1000

	MAIL ADDRESS:	
		STREET 1:		210 ROUTE 4 EAST
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07652
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-05-26</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000003499</issuerCik>
        <issuerName>ALEXANDERS INC</issuerName>
        <issuerTradingSymbol>ALX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001247865</rptOwnerCik>
            <rptOwnerName>UNDERBERG NEIL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 PARK AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Deferred Stock Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2011-05-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>131</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>131</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>131</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On May 26, 2011, the reporting person received a grant of Deferred Stock Units of Alexander's Inc. (the &quot;Company&quot;). The Deferred Stock Units entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.</footnote>
        <footnote id="F2">These Deferred Stock Units vest immediately but the Common Stock underlying the Deferred Stock Units is not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Steven Santora, Attorney in Fact</signatureName>
        <signatureDate>2011-05-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>underberg.htm
<TEXT>

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<p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





</div>
<p align=center style="margin:0pt;margin-bottom:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">POWER OF ATTORNEY</font></b></p>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Know
    all persons by these presents, that the undersigned, Neil
    Underberg, hereby constitutes and appoints each of Joseph
    Macnow, Steven Santora and Alan J. Rice, signing singly,
    the undersigned&#8217;s
    true and lawful attorney-in-fact and agent in any and all
    capacities to:</font></p>

<ol><li><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">execute for an on behalf of the undersigned, in the undersigned&#8217;s
capacity as an officer and/or director of Alexander&#8217;s, Inc. (the &#8220;Company&#8221;),
Form ID and Forms 3, 4 and 5 in accordance with the undersigned&#8217;s instructions
and Section 16(a) of the Securities Exchange Act of 1934 (as amended, the
&#8220;Act&#8221;) and the rules under that Act;</font><br>
<br>
</li>

<li> <font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">do and perform any and all acts for and on behalf of the undersigned
that may be necessary or desirable to complete and execute any such Form ID, 3,
4 or 5, complete and execute any amendment or amendments to those forms, and
timely file those forms with the United States Securities and Exchange
Commission, any stock exchange or similar authority and the Company, and</font><br>
<br>
</li>

<li><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">take
any other action of any type whatsoever in connection with the
foregoing which, in the opinion of the attorney-in-fact, may
be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents executed
by the attorney-in-fact on behalf of the undersigned pursuant
to this Power of Attorney shall be in such form and shall contain
any terms and conditions as the attorney-in-fact may approve
in the attorney-in-fact&#8217;s discretion.</font></li></ol>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The undersigned grants to each
attorney-in-fact full power and authority to do and perform any and every act
and thing whatsoever requisite, necessary, or proper to be done in the exercise
of any of the rights and powers granted in this Power of Attorney, as fully to
all intents and purposes as the undersigned might or could do if personally
present, with full power or substitution or revocation.&#160; The undersigned hereby
ratifies and confirms all that the attorney-in-fact, or the attorney-in-fact&#8217;s
substitute or substitutes, shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted.&#160; The
undersigned grants to each attorney-in-fact full power and authority to
delegate any or all of the foregoing powers to any person or persons whom the
attorney-in-fact may select.&#160; The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned&#8217;s responsibilities to comply with Section 16 of the Act or any
liabilities that may be associated therewith.</font></p>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The
    undersigned agrees that the attorneys-in-fact herein may
    rely entirely on information furnished orally or in writing
    by the undersigned to such attorney-in-fact.&#160; The undersigned
    also agrees to indemnify and hold harmless the Company and
    the attorneys-in-fact (and any persons to whom they delegate
    the powers granted herein) against losses, claims, damages,
    or liabilities (or actions in these respects) that arise
    out of or are based upon any action taken or omitted to be
    taken hereunder in good faith or that arise out of or are
    based upon any untrue statement or omission of necessary
    facts in the information provided by the undersigned to the
    attorney-in-fact for purposes of executing, acknowledging,
delivering, or filing Forms ID, 3, 4 or 5 (including amendments
    thereto) </font></p>
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<p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





</div>


<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">

and agrees to reimburse the Company and the attorneys-in-fact herein (and any persons to whom they delegate the powers herein granted) for any legal or other expenses reasonably incurred in connection with investigating or defending against any of those losses, claims, damages, liabilities or actions.</font></p>


<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">

This Power of Attorney shall
remain in full force and effect until the undersigned is no longer required to
file Forms 3, 4 and 5 with respect to the undersigned&#8217;s holdings of, and
transactions in, securities issued by the Company, unless earlier revoked by
the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.</font></p>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">IN
    WITNESS WHEREOF, the undersigned has executed this Power
  of Attorney as of this 26th day of May, 2011.</font></p>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0pt;margin-bottom:6.0pt;margin-left:216.0pt;margin-right:0pt;margin-top:0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"><u>Neil
    Underberg&nbsp;&nbsp;&nbsp;</u><br>
Signature</font></p>
<p style="margin:0pt;margin-bottom:6.0pt;margin-left:216.0pt;margin-right:0pt;margin-top:0pt;">&nbsp;</p>
<p align="center" style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;align:center;"> 2 </font></p>
<p style="margin:0pt;margin-bottom:6.0pt;margin-left:216.0pt;margin-right:0pt;margin-top:0pt;">&nbsp;</p>
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    <div>
      <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
    </div>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">STATE
      OF&#160;&#160;NEW JERSEY &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; ss.:</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">COUNTY
      OF&#160;&#160;BERGEN&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; On
      the 26th day of May, 2011 before me personally came to
      me known and known to me to be the individual described
      in, and who executed the foregoing Power of Attorney, and
      (s)he acknowledged to me that (s)he executed the same.</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;text-indent:36.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Carolyn
        Williams&nbsp;&nbsp;&nbsp;</u> </font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;text-indent:36.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notary
      Public</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0pt;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">My
      term expires: <u>January 28, 2015 &nbsp;&nbsp;&nbsp;</u></font></p>
  <p style="margin:0pt;margin-bottom:6.0pt;">&nbsp;</p>
  <p style="margin:0pt;margin-bottom:6.0pt;">&nbsp;</p>
  <table width="100%" border="0" cellpadding="0">
      <tr>
        <td width="50%">&nbsp;</td>
        <td>CAROLYN WILLIAMS<br>
          NOTARY PUBLIC, State of New Jersey <br>
          Commission Expires January 28, 2015 </td>
      </tr>
    </table>
  <p style="margin:0pt;margin-bottom:6.0pt;">&nbsp;</p>
  <p align="center" style="margin:0pt;margin-bottom:6.0pt;"><font face="Times New Roman,serif">3</font></p>
  <p style="margin:0pt;margin-bottom:6.0pt;">&nbsp;</p>
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