Exhibit 15.1










Alexander's, Inc,.
888 Seventh Avenue
New York, New York


We have made reviews, in accordance with standards established by the American
Institute of Certified Public Accountants, of the unaudited interim financial
information of Alexander's, Inc. for the periods ended September 30, 2003 and
2002; June 30, 2003 and 2002; and March 31, 2003 and 2002 (as indicated in our
reports dated November 5, 2003; August 6, 2003 and May 7, 2003, respectively);
because we did not perform audits, we expressed no opinions on that
information.

We are aware that our reports referred to above, which were included in your
Quarterly Reports on Form 10-Q for the quarters ended September 30, 2003, June
30, 2003 and March 31, 2003 are being incorporated by reference in this
Registration Statement.

We also are aware that the aforementioned reports, pursuant to Rule 436(c) under
the Securities Act of 1933, are not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.

DELOITTE & TOUCHE LLP

Parsippany, New Jersey
November 20, 2003