New York City REIT (NYC) News
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NYC News Highlights
- NYC's 30 day story count now stands at 2.
- Over the past 26 days, the trend for NYC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
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 Fourth Quarter and Full Year 2021 ResultsNEW YORK, February 22, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") announced today it will release its financial results for the fourth quarter and full year ended December 31, 2021 on Thursday, March 17, 2022 before the start of trading on the New York Stock Exchange. |
NYC Independent Directors Express Confidence in NYC With Share Purchases, Stock ElectionNEW YORK, January 27, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") announced this morning that the Company’s independent directors have acquired 24,852 shares of NYC Class A Common stock. NYC’s independent directors personally purchased an aggregate of 19,660 NYC Class A shares since January 19, 2022. In addition, each NYC independent director made an election to receive stock in lieu of cash for board services rendered during the fourth quarter 2021, as permitted under NY |
NYC Announces 95% Rent Collected in Fourth Quarter, 45,000 SF Lease Renewal With NY Department of StateNEW YORK, January 20, 2022--New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") announced today that it collected 95% of the original cash rent due for the fourth quarter 2021 as of January 19, 2022. The Company also announced the signing of a five-year lease renewal with the New York Department of State for approximately 45,000 square feet at 123 William Street, totaling approximately $10.1 million in straight-line rent over the new lease term. |
NYC Publishes 2021 Year in Review Highlighting Proactive Asset Management, 37% Total Return1 and Continued Rent Collection SuccessNEW 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. |
Michael L. Ashner and Winthrop Strategic Real Estate Fund Issue Statement Regarding New York City REIT, Inc.’s Upcoming Annual MeetingIntend 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 |
Comrit Investments Sends Letter to New York City REIT Stockholders Regarding the Urgent Need for Boardroom ChangeNEW 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 |
New York City REIT, Inc. Announces Common Stock Dividend for First Quarter 2022NEW 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 |
NYC Signs Long-Term Lease With Treasure Island Preschool at Brooklyn PropertyNEW 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. |
Innovate NYC Offers Private Office Solutions in Midtown ManhattanNEW 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. |
Comrit Investments Nominates Highly Qualified and Independent Director Candidate for Election to New York City REIT’s Board of DirectorsNEW 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"). |