New York City REIT (NYC) News

New York City REIT (NYC): $11.36

-0.26 (-2.24%)

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NYC News Highlights

  • For NYC, its 30 day story count is now at 7.
  • Over the past 11 days, the trend for NYC's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • PAY and TEL are the most mentioned tickers in articles about NYC.

Latest NYC News From Around the Web

Below are the latest news stories about New York City REIT Inc that investors may wish to consider to help them evaluate NYC as an investment opportunity.

New York City REIT: A Souring On Some Of The Big Apple's Real Estate

Generally speaking, investors gravitate toward REITs because of the desire to generate consistent and growing cash flows over an extended period of time. While this is something that can be accomplished in most cases, it does not get accomplished with each and every one. One REIT that has struggled some...

Daniel Jones on Seeking Alpha | January 14, 2022

NYC Publishes 2021 Year in Review Highlighting Proactive Asset Management, 37% Total Return1 and Continued Rent Collection Success

NEW YORK, January 11, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") published an investor presentation describing the Company’s strong results and successful achievements during 2021.

Yahoo | January 11, 2022

Michael L. Ashner and Winthrop Strategic Real Estate Fund Issue Statement Regarding New York City REIT, Inc.’s Upcoming Annual Meeting

Intend to Support Comrit Investments 1, LP’s Campaign to Elect Sharon Stern to the BoardJERICHO, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Michael L. Ashner on behalf of Winthrop Strategic Real Estate Fund, currently a less than 1% stockholder of New York City REIT, Inc. (NYSE: NYC) (“NYC REIT” or the “Company”), today issued the following statement in response to the open letter issued to stockholders on January 4, 2022 by Comrit Investments 1, LP (together with its affiliates, “Comrit”): We have

Yahoo | January 5, 2022

New York City REIT stock climbs after activist investor urges board change

New York City REIT (NYSE:NYC) stock surges 12% after Comrit Investments 1 LP sends a letter pushing for boardroom change to other NYC REIT shareholders. Comrit, which owns 267,520 shares of New York City REIT's (NYC) class A common stock, contends that the board is more concerned with paying its external adviser...

Seeking Alpha | January 4, 2022

Comrit Investments Sends Letter to New York City REIT Stockholders Regarding the Urgent Need for Boardroom Change

NEW YORK & TEL AVIV, Israel, January 04, 2022--Comrit Investments 1, LP (together with its affiliates, "Comrit" or "we"), a long-term stockholder of New York City REIT, Inc. (NYSE: NYC) ("NYC REIT" or the "Company"), today announced that it has issued the following letter to NYC REIT stockholders. Comrit recently nominated Sharon Stern, a highly qualified, independent director candidate with significant real estate investment experience, for election to the Company’s Board of Directors at the 20

Yahoo | January 4, 2022

New York City REIT, Inc. Announces Common Stock Dividend for First Quarter 2022

NEW YORK, January 03, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.40 per share or $0.10 per share on a quarterly basis. NYC anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common

Yahoo | January 3, 2022

NYC Signs Long-Term Lease With Treasure Island Preschool at Brooklyn Property

NEW YORK, December 09, 2021--New York City REIT, Inc. (NYSE: NYC) announced today that the entire ground floor of 8713 Fifth Avenue in Brooklyn, NY has been leased to Treasure Island, an operator of nursery schools and daycare centers with an almost 40-year history in the area. Treasure Island signed a 20-year lease that includes 1.5% annual rent increases and is expected to commence during the third quarter of 2022.

Yahoo | December 9, 2021

Innovate NYC Offers Private Office Solutions in Midtown Manhattan

NEW YORK, December 09, 2021--New York City REIT, Inc. (NYSE:NYC) launched its subsidiary, Innovate NYC, earlier this year at 1140 Ave of the Americas in Manhattan’s Bryant Park submarket. Innovate NYC provides private office solutions, meeting rooms and individual workspaces with modern amenities and dedicated on-site staff to meet the needs of tenants and their guests.

Yahoo | December 9, 2021

Comrit Investments Nominates Highly Qualified and Independent Director Candidate for Election to New York City REIT’s Board of Directors

NEW YORK & TEL AVIV, Israel, December 01, 2021--Comrit Investments 1, LP (together with its affiliates, "Comrit" or "we"), a long-term stockholder of New York City REIT, Inc. (NYSE: NYC) ("NYC REIT" or the "Company"), today issued the following open letter to the Company’s Board of Directors (the "Board") regarding Comrit’s decision to nominate a highly qualified, independent candidate for election to the Company’s Board at the 2022 Annual Meeting of Stockholders (the "Annual Meeting").

Yahoo | December 1, 2021

Bears are Losing Control Over New York City REIT, Inc. (NYC), Here's Why It's a 'Buy' Now

New York City REIT, Inc. (NYC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Yahoo | November 29, 2021

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