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 436,464 10,101 SH   SOLE   10,101 0 0
ASTORIA FINANCIAL COM 46265104 171,466 11,185 SH   SOLE   11,185 0 0
BANK OF AMERICA COM 60505104 404,735 30,500 SH   SOLE   30,500 0 0
BP PLC COM 55622104 44,544,987 1,254,435 SH   SOLE   1,254,435 0 0
BRISTOL MYERS SQUIBB COM 110122108 2,101,280 28,583 SH   SOLE   28,583 0 0
BLACKBERRY COM 09228F103 26,944,408 4,015,560 SH   SOLE   4,015,560 0 0
CITIGROUP COM 172967101 46,381,866 1,094,170 SH   SOLE   1,094,170 0 0
CHEVRONTEXACO COM 166764100 476,767 4,548 SH   SOLE   4,548 0 0
COMCAST CL A COM 20030N101 1,252,310 19,210 SH   SOLE   19,210 0 0
EXXON MOBILE COM 30231G102 1,634,263 17,434 SH   SOLE   17,434 0 0
FIRST NIAGARA FINANCIAL COM 33582V108 154,408 15,853 SH   SOLE   15,853 0 0
GENERAL ELECTRIC COM 369604103 472,200 15,000 SH   SOLE   15,000 0 0
GENIE ENERGY COM 903514344 2,763,514 408,200 SH   SOLE   408,200 0 0
GLAXOSMITHKLINE COM 3773W105 16,483,719 380,335 SH   SOLE   380,335 0 0
HOLOGIC COM 436440101 44,149,046 1,276,984 SH   SOLE   1,275,984 0 0
IBM COM 459200101 1,116,797 7,358 SH   SOLE   7,358 0 0
IDT CORP CL B COM 448847309 6,708,294 472,748 SH   SOLE   472,748 0 0
IDW MEDIA COM 44951N106 2,783,550 79,530 SH   SOLE   79,530 0 0
LANDMARK SAVINGS BANK COM 514928100 210,416 8,307 SH   SOLE   8,307 0 0
MERCK COM 589331107 55,589,371 964,925 SH   SOLE   964,925 0 0
MONSANTO COM 66166W101 735,664 7,114 SH   SOLE   7,114 0 0
MBIA COM 55262C100 29,746,064 4,355,207 SH   SOLE   4,355,207 0 0
NAM TAI PPTY COM G63907102 17,664,140 3,289,411 SH   SOLE   3,289,411 0 0
NAVIENT COM 63938C108 2,211,837 185,091 SH   SOLE   185,091 0 0
NEW YORK COMMUNITY COM 649445103 38,254,809 2,552,021 SH   SOLE   2,552,021 0 0
NOVARTIS ADR COM 66987V109 2,280,824 27,643 SH   SOLE   27,643 0 0
NY TIMES CL A COM 650111107 45,488,595 3,759,388 SH   SOLE   3,759,388 0 0
OLD REPUBLIC COM 680223104 945,210 49,000 SH   SOLE   49,000 0 0
PFIZER COM 717081103 40,733,252 1,156,866 SH   SOLE   1,156,866 0 0
PATTERSON ENERGY COM 703481101 22,415,442 1,051,381 SH   SOLE   1,051,381 0 0
SEABOARD CORP COM 811543107 25,000,403 8,709 SH   SOLE   8,709 0 0
SLM CORP COM 78443P106 325,377 52,650 SH   SOLE   52,650 0 0
STRAIGHT PATH COMM COM 862578101 6,320,880 228,438 SH   SOLE   228,438 0 0
STERLING BANCORP COM 85917A100 15,940,152 1,015,361 SH   SOLE   1,015,361 0 0
TRINITY PLACE HOLDINGS COM 89656D101 8,164,096 1,061,651 SH   SOLE   1,061,651 0 0
VOXX INTERNATIONAL COM 91829F104 4,858,397 1,741,361 SH   SOLE   1,741,361 0 0
ZEDGE INC. COM 98923T104 695,858 157,485 SH   SOLE   157,485 0 0