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
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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
AT&T Inc COM 00206R102 1,189 30,592 SH   SOLE 0 0 0 30,592
Abbott Laboratories COM 002824100 487 8,542 SH   SOLE 0 0 0 8,542
Abbvie Inc COM 00287Y109 2,046 21,153 SH   SOLE 0 0 0 21,153
AETNA INC NEW COM 00817Y108 1,108 6,145 SH   SOLE 0 0 0 6,145
Alibaba Group Hldg Lim COM 01609W102 1,684 9,764 SH   SOLE 0 0 0 9,764
Amazon Com Inc COM 023135106 3,202 2,738 SH   SOLE 0 0 0 2,738
American Electric Power Co., Inc. COM 025537101 298 4,055 SH   SOLE 0 0 0 4,055
American Expresss Company COM 025816109 414 4,170 SH   SOLE 0 0 0 4,170
American Tower Corp. COM 03027X100 1,278 8,959 SH   SOLE 0 0 0 8,959
Amgen Inc. COM 031162100 1,031 5,930 SH   SOLE 0 0 0 5,930
Apple Computer COM 037833100 3,888 22,974 SH   SOLE 0 0 0 22,974
Applied Materials, Inc. COM 038222105 911 17,819 SH   SOLE 0 0 0 17,819
AstraZeneca Group plc ADR 046353108 678 19,532 SH   SOLE 0 0 0 19,532
BP p.l.c. ADR COM 055622104 437 10,398 SH   SOLE 0 0 0 10,398
BRT Realty Trust COM 055645303 1,023 86,740 SH   SOLE 0 0 0 86,740
Bank of America Corp. COM 060505104 1,613 54,624 SH   SOLE 0 0 0 54,624
Bank of New York Mellon Corporation COM 064058100 1,684 31,272 SH   SOLE 0 0 0 31,272
Berkshire Hathaway Cl B COM 084670702 1,310 6,611 SH   SOLE 0 0 0 6,611
Boeing Company COM 097023105 1,249 4,236 SH   SOLE 0 0 0 4,236
Bristol Myers Company COM 110122108 3,726 60,800 SH   SOLE 0 0 0 60,800
Brown Forman Cl A Vtg COM 115637100 403 6,000 SH   SOLE 0 0 0 6,000
Brown Forman Corp Cl B COM 115637209 736 10,724 SH   SOLE 0 0 0 10,724
CME Group, Inc. COM 12572Q105 438 3,000 SH   SOLE 0 0 0 3,000
C S X Corp COM 126408103 574 10,427 SH   SOLE 0 0 0 10,427
Caterpillar, Inc. COM 149123101 680 4,318 SH   SOLE 0 0 0 4,318
Celgene Corp COM 151020104 1,146 10,978 SH   SOLE 0 0 0 10,978
Chevrontexaco Corp. COM 166764100 829 6,624 SH   SOLE 0 0 0 6,624
Cisco Systems Inc COM 17275R102 1,877 48,996 SH   SOLE 0 0 0 48,996
Citigroup Inc COM 172967424 1,401 18,827 SH   SOLE 0 0 0 18,827
Coca-Cola Company COM 191216100 994 21,666 SH   SOLE 0 0 0 21,666
Colgate-Palmolive Co COM 194162103 392 5,200 SH   SOLE 0 0 0 5,200
Consolidated Edison, Inc. COM 209115104 446 5,245 SH   SOLE 0 0 0 5,245
Delta Air Lines, Inc. COM 247361702 220 3,922 SH   SOLE 0 0 0 3,922
Differential Brands Group, Inc. COM 25374L108 19 19,593 SH   SOLE 0 0 0 19,593
Disney Walt Co COM 254687106 1,617 15,044 SH   SOLE 0 0 0 15,044
DowDuPont, Inc. COM 26078J100 756 10,621 SH   SOLE 0 0 0 10,621
EQT Corp. COM 26884L109 237 4,165 SH   SOLE 0 0 0 4,165
Ecolab, Inc. COM 278865100 322 2,400 SH   SOLE 0 0 0 2,400
Ellsworth Growth and Income Fund Ltd. COM 289074106 883 93,882 SH   SOLE 0 0 0 93,882
Equinix, Inc. REIT 29444U700 585 1,290 SH   SOLE 0 0 0 1,290
Robo-Stox Global Robotics and Automation Index ETF ETF 301505707 4,058 98,213 SH   SOLE 0 0 0 98,213
Extra Space Storage, Inc. COM 30225Y102 810 9,259 SH   SOLE 0 0 0 9,259
Exxon Mobil Corporation COM 30231G102 3,353 40,094 SH   SOLE 0 0 0 40,094
FACEBOOK INC CL A 30303M102 1,614 9,149 SH   SOLE 0 0 0 9,149
First Trust North American Energy Infrastructure Fund ETF ETF 33738D101 207 8,446 SH   SOLE 0 0 0 8,446
General Electric Co. COM 369604103 1,645 94,275 SH   SOLE 0 0 0 94,275
General Motors Corp COM 37045V900 340 8,293 SH   SOLE 0 0 0 8,293
Gilead Sciences Inc COM 375558AN3 879 12,263 SH   SOLE 0 0 0 12,263
Google Inc Class C COM 38259P508 938 896 SH   SOLE 0 0 0 896
Google Inc Cl A COM 38349K105 65,113 108,161 SH   SOLE 0 0 0 108,161
Google Inc Cl A COM 38349K105 324 308 SH   SOLE 0 0 0 308
HSBC Holdings plc ADR ADR 404280406 310 12,000 SH   SOLE 0 0 0 12,000
Halliburton Co. COM 406216101 733 15,002 SH   SOLE 0 0 0 15,002
Hewlett-Packard Company COM 428236103 330 15,707 SH   SOLE 0 0 0 15,707
Hologic, Inc. COM 436440101 587 13,737 SH   SOLE 0 0 0 13,737
Intel Corp COM 458140100 2,783 60,281 SH   SOLE 0 0 0 60,281
Intl Business Machines COM 459200101 2,862 18,655 SH   SOLE 0 0 0 18,655
Investors Bancorp Inc COM 46146P102 598 43,107 SH   SOLE 0 0 0 43,107
iShares Edge MSCI Min Vol Emerging Markets ETF ETF 464286533 8,094 133,209 SH   SOLE 0 0 0 133,209
iShares MSCI South Korea Capped ETF ETF 464286772 1,876 25,038 SH   SOLE 0 0 0 25,038
iShares S&P 500 Growth ETF ETF 464287309 229 1,500 SH   SOLE 0 0 0 1,500
iShares Russell 2000 ETF ETF 464287655 504 3,304 SH   SOLE 0 0 0 3,304
iShares MSCI All Country Asia ex Japan ETF COM 464288182 527 6,905 SH   SOLE 0 0 0 6,905
iShares U.S. Broker-Dealers ETF ETF 464288794 590 9,402 SH   SOLE 0 0 0 9,402
iShares U.S. Medical Devices ETF ETF 464288810 673 3,878 SH   SOLE 0 0 0 3,878
iShares 0-5 Year TIPS Bond ETF ETF 46429B747 10,417 104,301 SH   SOLE 0 0 0 104,301
J P Morgan Chase & Co COM 46625H900 4,165 38,952 SH   SOLE 0 0 0 38,952
Johnson & Johnson COM 478160104 2,856 20,439 SH   SOLE 0 0 0 20,439
Johnson Controls Inc COM 478366107 238 6,252 SH   SOLE 0 0 0 6,252
Lam Research Corp. COM 512807108 1,376 7,476 SH   SOLE 0 0 0 7,476
Leidos Holdings, Inc. COM 525327102 965 14,943 SH   SOLE 0 0 0 14,943
Lilly Eli & Co COM 532457108 1,394 16,499 SH   SOLE 0 0 0 16,499
Lockheed Martin Corp COM 539830109 1,804 5,619 SH   SOLE 0 0 0 5,619
M&T Bank Corp. COM 55261F104 291 1,700 SH   SOLE 0 0 0 1,700
VanEck Vectors Gold Miners ETF COM 57060U100 317 13,648 SH   SOLE 0 0 0 13,648
VanEck Vectors Oil Services ETF ETF 57060U191 542 20,815 SH   SOLE 0 0 0 20,815
Marsh & McLennan Companies Inc COM 571748102 436 5,355 SH   SOLE 0 0 0 5,355
McDonalds Corp COM 580135101 1,360 7,900 SH   SOLE 0 0 0 7,900
Medtronic Inc COM 585055106 776 9,611 SH   SOLE 0 0 0 9,611
Merck & Co Inc COM 58933Y105 1,785 31,729 SH   SOLE 0 0 0 31,729
MetLife, Inc. COM 59156R108 284 5,612 SH   SOLE 0 0 0 5,612
Microsoft Corp COM 594918104 5,004 58,500 SH   SOLE 0 0 0 58,500
Morgan Stanley China A Share Fund COM 617468103 253 10,829 SH   SOLE 0 0 0 10,829
Nike Inc Class B COM 654106103 244 3,902 SH   SOLE 0 0 0 3,902
NVIDIA Corp. COM 67066G104 387 2,000 SH   SOLE 0 0 0 2,000
Nuveen Mortgage Opportunity COM 670735109 1,048 42,429 SH   SOLE 0 0 0 42,429
Nuveen Mortgage Opportunity COM 67074R100 585 24,624 SH   SOLE 0 0 0 24,624
One Liberty Properties, Inc. COM 682406103 5,180 199,853 SH   SOLE 0 0 0 199,853
Oracle Corporation COM 68389X105 570 12,048 SH   SOLE 0 0 0 12,048
Pepsico Inc COM 713448108 4,745 39,569 SH   SOLE 0 0 0 39,569
Pfizer, Inc. COM 717081103 3,100 85,577 SH   SOLE 0 0 0 85,577
Philip Morris International, Inc. COM 718172109 284 2,686 SH   SOLE 0 0 0 2,686
PIMCO Enhanced Short Maturity Active COM 72201R833 9,752 96,017 SH   SOLE 0 0 0 96,017
PowerShares KBW Bank Portfolio ETF 73937B746 1,288 23,415 SH   SOLE 0 0 0 23,415
Procter & Gamble Co COM 742718109 674 7,336 SH   SOLE 0 0 0 7,336
ProShares VIX Medium-Term Futures ETF ETF 74347W338 893 42,221 SH   SOLE 0 0 0 42,221
ProShares Short 20 Year Treasury ETF COM 74347X849 302 13,825 SH   SOLE 0 0 0 13,825
Raytheon Co. COM 755111507 656 3,494 SH   SOLE 0 0 0 3,494
Royal Dutch Shell plc Cl B ADR 780259107 850 12,444 SH   SOLE 0 0 0 12,444
Royal Dutch Shell plc Cl A ADR 780259206 536 8,030 SH   SOLE 0 0 0 8,030
S&P Global, Inc. COM 78409V104 1,519 8,965 SH   SOLE 0 0 0 8,965
S&P Depos Rcpts COM 78462F103 743 2,786 SH   SOLE 0 0 0 2,786
SPDR STOXX Europe 50 ETF COM 78463X103 373 10,371 SH   SOLE 0 0 0 10,371
SPDR Nuveen Barclays Short Term Municipal Bond ETF ETF 78464A425 2,082 43,463 SH   SOLE 0 0 0 43,463
SPDR S&P Regional Banking ETF ETF 78464A698 696 11,834 SH   SOLE 0 0 0 11,834
SPDR S&P Bank ETF ETF 78464A797 2,515 53,135 SH   SOLE 0 0 0 53,135
SPDR S&P Biotech ETF ETF 78464A870 2,085 24,562 SH   SOLE 0 0 0 24,562
SPDR S&P Homebuilders ETF ETF 78464A888 7,774 175,634 SH   SOLE 0 0 0 175,634
Schlumberger Ltd F COM 806857108 240 3,563 SH   SOLE 0 0 0 3,563
Charles Schwab Corp. COM 808513105 257 5,000 SH   SOLE 0 0 0 5,000
Schwab U.S. Broad Market ETF ETF 808524102 252 3,905 SH   SOLE 0 0 0 3,905
Schwab Fundamental International Large Company Index ETF COM 808524755 238 7,824 SH   SOLE 0 0 0 7,824
Schwab U.S. Aggregate Bond ETF ETF 808524839 705 13,553 SH   SOLE 0 0 0 13,553
Schwab International Small-Cap Equity ETF COM 808524888 281 7,682 SH   SOLE 0 0 0 7,682
SPDR Materials Select Sector ETF ETF 81369Y100 1,127 18,616 SH   SOLE 0 0 0 18,616
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 324 3,913 SH   SOLE 0 0 0 3,913
SPDR Consumer Staples Select Sector ETF ETF 81369Y308 1,705 29,971 SH   SOLE 0 0 0 29,971
SPDR Consumer Discretionary Select Sector ETF ETF 81369Y407 1,746 17,690 SH   SOLE 0 0 0 17,690
SPDR Financial Select Sector ETF ETF 81369Y605 2,404 86,124 SH   SOLE 0 0 0 86,124
SPDR Industrial Select Sector ETF ETF 81369Y704 1,809 23,911 SH   SOLE 0 0 0 23,911
SPDR Utilities Select Sector ETF COM 81369Y886 323 6,140 SH   SOLE 0 0 0 6,140
Simon Property Group, Inc. COM 828806109 846 4,923 SH   SOLE 0 0 0 4,923
Sirius XM Holdings, Inc. COM 82968B103 109 20,392 SH   SOLE 0 0 0 20,392
Skyworks Solutions Inc. COM 83088M102 676 7,124 SH   SOLE 0 0 0 7,124
Southern Co. COM 842587107 305 6,334 SH   SOLE 0 0 0 6,334
Starbucks Corp COM 855244109 240 4,182 SH   SOLE 0 0 0 4,182
Sysco Corp COM 871829107 346 5,700 SH   SOLE 0 0 0 5,700
Taiwan Semiconductor Manufacturing Co. Ltd COM 874039100 271 6,825 SH   SOLE 0 0 0 6,825
Talon International, Inc. COM 87484F108 3 40,250 SH   SOLE 0 0 0 40,250
3M Company COM 88579Y101 1,501 6,376 SH   SOLE 0 0 0 6,376
Time Warner Inc New COM 887317303 857 9,367 SH   SOLE 0 0 0 9,367
Toyota Motor Corp. ADR COM 892331307 319 2,509 SH   SOLE 0 0 0 2,509
Travelers Companies, Inc. COM 89417E109 331 2,439 SH   SOLE 0 0 0 2,439
US Bancorp Com (New) COM 902973304 900 16,806 SH   SOLE 0 0 0 16,806
Union Pacific Corp Commo COM 907818108 624 4,656 SH   SOLE 0 0 0 4,656
United Parcel Svc Inc Cl B COM 911312106 294 2,467 SH   SOLE 0 0 0 2,467
United Tech Corp COM 913017109 305 2,390 SH   SOLE 0 0 0 2,390
United Healthcare Corp COM 91324P102 567 2,574 SH   SOLE 0 0 0 2,574
Universal Health Realty Income Trust COM 91359E105 1,764 23,486 SH   SOLE 0 0 0 23,486
Urban Edge Properties COM 91704F104 525 20,598 SH   SOLE 0 0 0 20,598
Vanguard Telecommunications Services ETF ETF 92204A884 1,108 12,152 SH   SOLE 0 0 0 12,152
Verizon Communications COM 92343V104 1,914 36,159 SH   SOLE 0 0 0 36,159
Visa Inc. COM 92826C839 775 6,795 SH   SOLE 0 0 0 6,795
VMware, Inc. COM 928563402 657 5,246 SH   SOLE 0 0 0 5,246
Wal-Mart Stores Inc COM 931142103 1,668 16,890 SH   SOLE 0 0 0 16,890
Wells Fargo & Co New COM 949746101 1,002 16,523 SH   SOLE 0 0 0 16,523
Westrock Co. COM 96145D105 686 10,856 SH   SOLE 0 0 0 10,856
Williams Cos., Inc. COM 969457100 700 22,954 SH   SOLE 0 0 0 22,954
WisdomTree Japan SmallCap Dividend Fund ETF 97717W836 656 8,155 SH   SOLE 0 0 0 8,155
Xerox Corp. COM 984121103 226 7,744 SH   SOLE 0 0 0 7,744
Yum Brands Inc. COM 988498101 797 9,762 SH   SOLE 0 0 0 9,762
Yum China Holdings, Inc. COM 98850P109 403 10,063 SH   SOLE 0 0 0 10,063
Delphi Automotive plc COM G27823106 276 5,259 SH   SOLE 0 0 0 5,259
Aptiv PLC COM G6095L109 1,462 17,234 SH   SOLE 0 0 0 17,234
Chubb Ltd COM H1467J104 1,172 8,018 SH   SOLE 0 0 0 8,018
Sony Corp. ADR ADR S68215060 729 16,208 SH   SOLE 0 0 0 16,208