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 360,660 12,637 SH   SOLE   12,637 0 0
ASSURED GUARANTY COM G0585R106 48,293,473 1,261,585 SH   SOLE   1,261,585 0 0
BANK OF AMERICA COM 060505104 576,207 23,385 SH   SOLE   23,385 0 0
BP PLC COM 055622104 53,060,774 1,399,282 SH   SOLE   1,399,282 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,037,001 19,950 SH   SOLE   19,950 0 0
BLACKBERRY COM 09228F103 32,608,060 4,586,225 SH   SOLE   4,586,225 0 0
CITIGROUP COM 172967101 49,305,686 947,093 SH   SOLE   947,093 0 0
CHEVRONTEXACO COM 166764100 451,261 4,148 SH   SOLE   4,148 0 0
COMCAST CL A COM 20030N101 58,566 1,720 SH   SOLE   1,720 0 0
EXXON MOBILE COM 30231G102 1,351,662 19,822 SH   SOLE   19,822 0 0
GENIE ENERGY COM 903514344 2,373,680 393,645 SH   SOLE   393,645 0 0
GLAXOSMITHKLINE COM 37733W105 48,180,518 1,260,940 SH   SOLE   1,260,940 0 0
HOLOGIC COM 436440101 22,611,083 550,148 SH   SOLE   550,148 0 0
IDT CORP CL B COM 448847309 3,932,216 635,253 SH   SOLE   635,253 0 0
IDW MEDIA COM 44951N106 2,589,936 74,552 SH   SOLE   74,552 0 0
MERCK COM 589331107 61,146,228 878,762 SH   SOLE   878,762 0 0
MBIA COM 55262C100 40,424,637 4,531,910 SH   SOLE   4,531,910 0 0
NAM TAI PPTY COM G63907102 16,484,622 1,899,150 SH   SOLE   1,899,150 0 0
NAVIENT COM 63938C108 336,595 38,206 SH   SOLE   38,206 0 0
NEW YORK COMMUNITY COM 649445103 40,720,641 4,327,379 SH   SOLE   4,327,379 0 0
NOVARTIS ADR COM 66987V109 1,951,663 22,744 SH   SOLE   22,744 0 0
NY TIMES CL A COM 650111107 27,419,419 1,230,122 SH   SOLE   1,230,122 0 0
OLD REPUBLIC COM 680223104 1,005,873 48,900 SH   SOLE   48,900 0 0
PFIZER COM 717081103 23,326,953 534,409 SH   SOLE   534,409 0 0
PATTERSON ENERGY COM 703481101 16,640,699 1,607,797 SH   SOLE   1,607,797 0 0
RAFAEL HOLDING COM 75062E106 2,518,441 317,584 SH   SOLE   317,584 0 0
SEABOARD CORP COM 811543107 27,203,759 7,689 SH   SOLE   7,689 0 0
STERLING BANCORP COM 85917A100 9,894,288 599,291 SH   SOLE   599,291 0 0
TRINITY PLACE HOLDINGS COM 89656D101 4,130,517 951,732 SH   SOLE   951,732 0 0
VOXX INTERNATIONAL COM 91829F104 14,329,901 3,618,662 SH   SOLE   3,618,662 0 0
ZEDGE INC. COM 98923T104 333,998 136,437 SH   SOLE   136,437 0 0