ALEXANDERS INC — Director's Dealing 2006

Dec 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2006-12-13

Reporting Person: MACNOW JOSEPH (CFO/EVP - Fin. & Admin.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-13	Common Stock	M	10000	$70.375	Acquired	10000	Direct
2006-12-13	Common Stock	S	10000	$437.95	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-13	Options (Right to Buy)	$70.375	M	10000	Disposed	2009-03-04	Common Stock (10000)	Direct