The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERICAN TEL & TEL COM 30177109 207,070 5,099 SH   SOLE   5,099 0 0
ASTORIA FINANCIAL COM 46265104 163,301 11,185 SH   SOLE   11,185 0 0
BANK OF AMERICA COM 60505104 432,315 27,624 SH   SOLE   27,624 0 0
BP PLC COM 55622104 45,873,604 1,304,710 SH   SOLE   1,304,710 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,541,195 28,583 SH   SOLE   28,583 0 0
BLACKBERRY COM 09228F103 34,657,619 4,343,060 SH   SOLE   4,343,060 0 0
CITIGROUP COM 172967101 51,877,196 1,108,395 SH   SOLE   1,108,395 0 0
CHEVRONTEXACO COM 166764100 447,496 4,348 SH   SOLE   4,348 0 0
COMCAST CL A COM 20030N101 1,143,844 17,242 SH   SOLE   17,242 0 0
EXXON MOBILE COM 30231G102 1,521,640 17,434 SH   SOLE   17,434 0 0
GENERAL ELECTRIC COM 369604103 444,300 15,000 SH   SOLE   15,000 0 0
GENIE ENERGY COM 903514344 2,393,636 405,701 SH   SOLE   405,701 0 0
GLAXOSMITHKLINE COM 3773W105 27,359,885 632,040 SH   SOLE   632,040 0 0
HOLOGIC COM 436440101 47,936,178 1,234,514 SH   SOLE   1,234,514 0 0
IBM COM 459200101 934,515 5,883 SH   SOLE   5,883 0 0
IDT CORP CL B COM 448847309 8,078,371 468,583 SH   SOLE   468,583 0 0
IDW MEDIA COM 44951N106 3,319,680 79,040 SH   SOLE   79,040 0 0
MERCK COM 589331107 59,788,210 957,991 SH   SOLE   957,991 0 0
MONSANTO COM 66166W101 708,456 6,932 SH   SOLE   6,932 0 0
MBIA COM 55262C100 33,848,828 4,345,164 SH   SOLE   4,345,164 0 0
NAM TAI PPTY COM G63907102 25,801,781 3,201,214 SH   SOLE   3,201,214 0 0
NAVIENT COM 63938C108 2,678,267 185,091 SH   SOLE   185,091 0 0
NEW YORK COMMUNITY COM 649445103 32,147,690 2,259,149 SH   SOLE   2,259,149 0 0
NOVARTIS ADR COM 66987V109 2,182,691 27,643 SH   SOLE   27,643 0 0
NY TIMES CL A COM 650111107 44,670,152 3,738,088 SH   SOLE   3,738,088 0 0
OLD REPUBLIC COM 680223104 845,760 48,000 SH   SOLE   48,000 0 0
PFIZER COM 717081103 31,152,170 919,757 SH   SOLE   919,757 0 0
PATTERSON ENERGY COM 703481101 23,371,192 1,044,756 SH   SOLE   1,044,756 0 0
SEABOARD CORP COM 811543107 26,887,040 8,679 SH   SOLE   8,679 0 0
SLM CORP COM 78443P106 393,296 52,650 SH   SOLE   52,650 0 0
STRAIGHT PATH COMM COM 862578101 5,476,852 213,856 SH   SOLE   213,856 0 0
STERLING BANCORP COM 85917A100 17,716,370 1,012,364 SH   SOLE   1,012,364 0 0
TRINITY PLACE HOLDINGS COM 89656D101 10,382,947 1,061,651 SH   SOLE   1,061,651 0 0
VOXX INTERNATIONAL COM 91829F104 5,167,800 1,728,361 SH   SOLE   1,728,361 0 0
ZEDGE INC. COM 98923T104 534,614 156,320 SH   SOLE   156,320 0 0