Latest News
American Strategic Investment Co. Announces Release Date for First Quarter 2023 Results
Business Wire - Wed Apr 26, 2023
Business Wire
Wed Apr 26, 2023
American Strategic Investment Co. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today it will release its financial results for the first quarter ended March 31, 2023, on Friday, May 12, 2023, before the start of trading on the New York Stock...
American Strategic Investment Co. Announces Fourth Quarter and Full Year 2022 Results
Business Wire - Thu Mar 16, 2023
Business Wire
Thu Mar 16, 2023
American Strategic Investment Co. (NYSE: NYC) (โASICโ or the โCompanyโ), a company that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, announced today its financial and operating results...
American Strategic Investment Co. Announces 9,300 Square Foot Lease
Business Wire - Mon Mar 13, 2023
Business Wire
Mon Mar 13, 2023
American Strategic Investment Co. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today the execution of a 9,300 square foot lease at 1140 Avenue of the Americas in New York City. The lease is with Security Scorecard, has a duration of 3.5 years,...
American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2022 Results
Business Wire - Wed Mar 1, 2023
Business Wire
Wed Mar 1, 2023
American Strategic Investment Co. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today it will release its financial results for the fourth quarter and year ended December 31, 2022 on Thursday, March 16, 2023 before the start of trading on the New...
American Strategic Investment Co. Announces Final Results of Rights Offering for Common Stock
Business Wire - Mon Feb 27, 2023
Business Wire
Mon Feb 27, 2023
American Strategic Investment Co. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today the final results of its non-transferable rights offering (the โRights Offering), which entitled holders of rights to purchase 0.20130805 of a share of the...
American Strategic Investment Co. Announces Commencement of Rights Offering for Common Stock
Business Wire - Tue Jan 24, 2023
Business Wire
Tue Jan 24, 2023
American Strategic Investment Co. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it commenced an offering of shares of its Class A common stock, par value $0.01 per share (the โCommon Stockโ) through a rights offering (the โRights...
New York City REIT Announces Completion of Reverse Stock Split and Termination of REIT Status
Business Wire - Thu Jan 12, 2023
Business Wire
Thu Jan 12, 2023
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it completed a previously announced reverse stock split at a ratio of 1-for-8 (the โReverse Stock Splitโ). The Reverse Stock Split took effect at 5:00 p.m. Eastern...
New York City REIT Announces Change of Name to American Strategic Investment Co.
Business Wire - Mon Jan 9, 2023
Business Wire
Mon Jan 9, 2023
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it will change its name to American Strategic Investment Co. effective on January 19, 2023 and the Company will begin trading under the new name on January 20,...
NYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split
Business Wire - Fri Dec 30, 2022
Business Wire
Fri Dec 30, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it intends to expand the scope of the assets and businesses the Company may own and operate. By investing in other asset types, the Company may generate income that...
New York City REIT Announces Third Quarter 2022 Results
Business Wire - Mon Nov 14, 2022
Business Wire
Mon Nov 14, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ), a real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, announced today its financial and...
New York City REIT Announces Release Date for Third Quarter 2022 Results
Business Wire - Fri Oct 7, 2022
Business Wire
Fri Oct 7, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today it will release its financial results for the third quarter ended September 30, 2022 on Thursday, November 10, 2022 before the start of trading on the New York Stock...
New York City REIT: Top 10 Undervalued Real Estate Stocks on NYS (NYC)
The Globe and Mail - Tue Oct 4, 2022
The Globe and Mail
Tue Oct 4, 2022
New York City REIT is now ranked among the top 10 undervalued stocks in the Real Estate sector on the New York Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation โ a calculation used to determine the...
NYC Advisor and Its Affiliates Express Confidence in NYC REIT With $2.5 Million Share Purchase, Stock Election
Business Wire - Tue Sep 6, 2022
Business Wire
Tue Sep 6, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced this morning that the Companyโs advisor and its affiliates have acquired 784,105 shares of NYC Class A common stock in the aggregate. Specifically, affiliates of NYCโs advisor...
NYC Announces New 20,000 Square Foot Lease
Business Wire - Thu Aug 25, 2022
Business Wire
Thu Aug 25, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it has executed a new lease with an existing subtenant to retain and expand their current office space at 1140 Avenue of the Americas in NYCโs pure-play New York...
New York City REIT Announces Second Quarter 2022 Results
Business Wire - Fri Aug 12, 2022
Business Wire
Fri Aug 12, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ), a real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, announced today its financial and...
New York City REIT Announces Release Date for Second Quarter 2022 Results
Business Wire - Fri Jul 8, 2022
Business Wire
Fri Jul 8, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today it will release its financial results for the second quarter ended June 30, 2022 on Friday, August 12, 2022 before the start of trading on the New York Stock Exchange.
NYC Announces Portfolio Occupancy Grows to Over 87%1, Temporary Suspension of Cash Dividend to Generate Additional Working Capital to Help Fund Upfront Leasing Commissions and Tenant Improvements Among Other Uses
Business Wire - Fri Jul 1, 2022
Business Wire
Fri Jul 1, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that ongoing strong leasing activity has grown its pure-play New York City portfolio occupancy by 4% since the beginning of the year, to over 87% as of June 30, 2022 1 ,...
NYC Announces 140,000 Square Feet of New and Renewed Leases
Business Wire - Thu Jun 23, 2022
Business Wire
Thu Jun 23, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it has executed one new lease and three lease renewals in its pure-play New York City portfolio. A new, 4,700 square foot lease with a five-year term was signed at...
NYC Announces Achievement of the WELL Health-Safety Rating for 9 Times Square, 1140 Avenue of the Americas and 123 William Street
Business Wire - Thu Jun 16, 2022
Business Wire
Thu Jun 16, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today it has earned the WELL Health-Safety Rating for its properties at 9 Times Square, 1140 Avenue of the Americas and 123 William Street through the International WELL...
New York City REIT Announces Confirmed Voting Results of 2022 Annual Meeting
Business Wire - Fri Jun 3, 2022
Business Wire
Fri Jun 3, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that the voting results of its 2022 Annual Meeting of Stockholders have been confirmed by the Independent Inspector of Elections and that Elizabeth Tuppeny has been...
New York City REIT Announces Re-Election of Elizabeth Tuppeny to Board of Directors
Business Wire - Tue May 31, 2022
Business Wire
Tue May 31, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that, based on a preliminary vote count by its proxy solicitor, Elizabeth Tuppeny has been decisively re-elected to the Companyโs Board of Directors.
NYC REIT Comments on Glass Lewis Report
Business Wire - Tue May 24, 2022
Business Wire
Tue May 24, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) today issued the following statement in response to the report issued by Glass, Lewis & Co., LLC relating to the director election at the Companyโs Annual Meeting on May 31, 2022.
Glass Lewis Recommends New York City REIT Stockholders Vote FOR Sharon Stern on the WHITE Proxy Card
Business Wire - Tue May 24, 2022
Business Wire
Tue May 24, 2022
Comrit Investments 1, LP (together with its affiliates, โComritโ or โweโ), a long-term stockholder of New York City REIT, Inc. (NYSE: NYC) (โNYC REITโ or the โCompanyโ), today announced that Glass, Lewis & Co., LLC (โGlass Lewisโ), a leading...
NYC REIT Sends Letter Urging Shareholders to Vote for Companyโs Incumbent Director Nominee as Annual Meeting Approaches
Business Wire - Fri May 20, 2022
Business Wire
Fri May 20, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) today sent a letter urging shareholders to act quickly to vote the Gold card โFORโ the reelection of Elizabeth Tuppeny at the Companyโs May 31, 2022 Annual Meeting, which will protect...
NYC Announces 13,500 Square Feet of New Leasing Activity at 9 Times Square
Business Wire - Thu May 19, 2022
Business Wire
Thu May 19, 2022
New York City REIT, Inc. (NYSE: NYC) (โNYCโ or the โCompanyโ) announced today that it has signed two non-binding LOIs for new leases with tenants at 9 Times Square. The LOIโs total over 13,500 square feet and $650,000 of annual base rent with a...