New York City REIT (NYC) News
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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 Announces Release Date for Third Quarter 2022 ResultsNEW YORK, October 07, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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 Exchange. |
7 Stocks From Insiders’ Weekly Shopping List That Can Make You RichNoted investor Peter Lynch once said, “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” Taking his advice, using TipRanks' Insiders' Hot Stocks tool, we have compiled seven stocks that insiders have been purchasing this week. The purchases were not small either. Insiders bought shares worth over $1 million of each stock. With each of the stocks trading at attractive valuations and impressive upside potential, this can be a great time to invest in them. |
New York City REIT (NYSE:NYC) Stock Surges After Insider Loads up Shares Worth $2MShares of New York City REIT (NYSE:NYC) surged after a major shareholder purchased shares worth nearly $2 million. According to a Securities and Exchange Commission (SEC) filing, Nicholas S. Schorsch (who owns over 10% of NYC stock) and affiliates bought 632,911 shares at $3.16 apiece, for an aggregate amount of nearly $2 million, on September 2. NYC shares surged 16.6% on Tuesday (September 6) following an 8.5% rise on Monday. New York City REIT is a real estate investment trust with a portfolio comprising commercial real estate located within the five boroughs of New York City. More on the Insider – Nicholas S. Schorsch Nicholas S. |
NYC Advisor and Its Affiliates Express Confidence in NYC REIT With $2.5 Million Share Purchase, Stock ElectionNEW YORK, September 06, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") announced this morning that the Company’s advisor and its affiliates have acquired 784,105 shares of NYC Class A common stock in the aggregate. Specifically, affiliates of NYC’s advisor purchased an aggregate of 632,911 NYC Class A shares on September 2, 2022. In addition, NYC’s advisor made an election to receive stock in lieu of cash for its advisor services. As of September 2, 2022, NYC’s advisor and i |
NYC Announces New 20,000 Square Foot LeaseNEW YORK, August 25, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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 NYC’s pure-play New York City portfolio. The lease with Edgewood Partners Insurance Center ("EPIC") expands their presence at 1140 Avenue of the Americas and features 10.5 years of lease term. |
New York City REIT Announces Second Quarter 2022 ResultsNEW YORK, August 12, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company"), 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 operating results for the second quarter ended June 30, 2022. |
New York City REIT Announces Release Date for Second Quarter 2022 ResultsNEW YORK, July 08, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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 UsesNEW YORK, July 01, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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, 20221, and that portfolio weighted-average remaining lease term has increased to 7.2 years as of the same date. The Company also announced that as it continues to proactively increase occupancy at its properties, its board of directors |
NYC Announces 140,000 Square Feet of New and Renewed LeasesNEW YORK, June 23, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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 9 Times Square, replacing former Knotel space. In addition, NYC executed three long-term renewals: two fifteen-year leases with entities controlled by City Parking for the parking garages the Company owns at 200 Riverside and 40 |
NYC Announces Achievement of the WELL Health-Safety Rating for 9 Times Square, 1140 Avenue of the Americas and 123 William StreetNEW YORK, June 16, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") 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 Building Institute (IWBI). The WELL Health-Safety Rating is an evidence-based, third-party verified rating for all new and existing building and space types focusing on operational policies, maintenance protocols, stakeholder engagem |