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 030177109 216,860 5,099 SH   SOLE   5,099 0 0
ASTORIA FINANCIAL COM 046265104 208,600 11,185 SH   SOLE   11,185 0 0
BANK OF AMERICA COM 060505104 610,491 27,624 SH   SOLE   27,624 0 0
BP PLC COM 055622104 48,981,256 1,310,360 SH   SOLE   1,310,360 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,670,391 28,583 SH   SOLE   28,583 0 0
BLACKBERRY COM 09228F103 30,011,531 4,355,810 SH   SOLE   4,355,810 0 0
CITIGROUP COM 172967101 64,705,305 1,088,765 SH   SOLE   1,088,765 0 0
CHEVRONTEXACO COM 166764100 511,760 4,348 SH   SOLE   4,348 0 0
COMCAST CL A COM 20030N101 1,127,597 16,330 SH   SOLE   16,330 0 0
EXXON MOBILE COM 30231G102 1,564,567 17,334 SH   SOLE   17,334 0 0
GENERAL ELECTRIC COM 369604103 474,000 15,000 SH   SOLE   15,000 0 0
GENIE ENERGY COM 903514344 2,330,481 405,301 SH   SOLE   405,301 0 0
GLAXOSMITHKLINE COM 37733W105 32,090,960 833,315 SH   SOLE   833,315 0 0
HOLOGIC COM 436440101 48,039,849 1,197,404 SH   SOLE   1,197,404 0 0
IBM COM 459200101 976,519 5,883 SH   SOLE   5,883 0 0
IDT CORP CL B COM 448847309 8,563,942 461,917 SH   SOLE   461,917 0 0
IDW MEDIA COM 44951N106 3,932,213 78,660 SH   SOLE   78,660 0 0
MERCK COM 589331107 56,087,898 952,741 SH   SOLE   952,741 0 0
MONSANTO COM 66166W101 704,071 6,692 SH   SOLE   6,692 0 0
MBIA COM 55262C100 46,739,355 4,368,164 SH   SOLE   4,368,164 0 0
NAM TAI PPTY COM G63907102 14,212,884 1,920,660 SH   SOLE   1,920,660 0 0
NAVIENT COM 63938C108 2,996,684 182,391 SH   SOLE   182,391 0 0
NEW YORK COMMUNITY COM 649445103 35,499,409 2,231,263 SH   SOLE   2,231,263 0 0
NOVARTIS ADR COM 66987V109 1,971,852 27,071 SH   SOLE   27,071 0 0
NY TIMES CL A COM 650111107 49,594,344 3,728,898 SH   SOLE   3,728,898 0 0
OLD REPUBLIC COM 680223104 912,000 48,000 SH   SOLE   48,000 0 0
PFIZER COM 717081103 27,942,219 860,290 SH   SOLE   860,290 0 0
PATTERSON ENERGY COM 703481101 26,391,049 980,351 SH   SOLE   980,351 0 0
SEABOARD CORP COM 811543107 33,078,156 8,370 SH   SOLE   8,370 0 0
SLM CORP COM 78443P106 490,941 44,550 SH   SOLE   44,550 0 0
STRAIGHT PATH COMM COM 862578101 7,234,901 213,356 SH   SOLE   213,356 0 0
STERLING BANCORP COM 85917A100 23,689,317 1,012,364 SH   SOLE   1,012,364 0 0
TRINITY PLACE HOLDINGS COM 89656D101 9,841,504 1,061,651 SH   SOLE   1,061,651 0 0
VOXX INTERNATIONAL COM 91829F104 8,205,547 1,745,861 SH   SOLE   1,745,861 0 0
ZEDGE INC. COM 98923T104 489,282 156,320 SH   SOLE   156,320 0 0