New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.
IPO Year: 2020
Exchange: NYSE
Website: newyorkcityreit.com
| Date | Price Target | Rating | Analyst |
|---|
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $15.4 million compared to $16.0 million for the same quarter in 2023 Net loss attributable to common stockholders was $34.5 million, compared to $9.4 million in the prior year primarily due to non-cash impairments of $27.8 million of which, $1.9 million is related to the pending sale of 9 Ti
- Company to Host Webcast and Call - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the third quarter ended September 30, 2024, on Tuesday, November 12, 2024, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will follow the prepared remarks. Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested p
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of 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, 2024. Second Quarter 2024 Highlights Revenue was stable at $15.8 million for the second quarter of 2024 and 2023 Net loss attributable to common stockholders was $91.9 million, compared to $10.9 million in the prior year primarily due to a non-cash impairment of $84.7 million related to the pending sale of 9 Times Square in Manhattan, New Yo
- Company to Host Webcast and Call - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the second quarter ended June 30, 2024, on Friday, August 9, 2024, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will follow the prepared remarks. Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested partie
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Subsequent Event Highlights Revenue was consistent at $15.5 million for the first quarter of 2024 and 2023 Net loss attributable to common stockholders improved to $7.6 million, compared to $11.8 million in the first quarter 2023 Cash net operating income ("NOI") was consistent at $7.0 million for the first qua
- Company to Host Webcast and Call - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the first quarter ended March 31, 2024, on Friday, May 10, 2024, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will follow the prepared remarks. Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested parties
American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 and Subsequent Events Revenue was $15.4 million Net loss attributable to common stockholders was $73.9 million or $32.27 per share including a non-cash impairment on an office property Adjusted EBITDA of $3.4 million Cash net operating income was $6.3 million Funds from Operations ("FFO") was negative $1.5 million, or negative $0.65 per share Core FFO was negative $1
American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the fourth quarter and year ended December 31, 2023, on Monday, April 1, 2024, after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Tuesday, April 2, 2024, beginning at 2:00 p.m. ET, to discuss the fourth quarter and full year results and provide commentary on business performance. The call will be conducted by the Company's management team. A question-and-answer session with analysts and investors will follow the prepared remarks. Dial-in instructions for the conference call and the
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the third quarter ended September 30, 2023. Third Quarter 2023 and Subsequent Event Highlights Revenue was $16.0 million compared to $15.9 million in the third quarter 2022 and $15.8 million in the second quarter of 2023 as new leases began to commence Net loss attributable to common stockholders improved to $9.4 million, compared to $11.1 million in the third quarter 2022 an
American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the third quarter ended, September 30, 2023, on Thursday, November 9, 2023, before the start of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, November 9, 2023, beginning at 11:00 a.m. ET, to discuss the third quarter results and provide commentary on business performance. The call will be conducted by the Company's management team. A question-and-answer session with analysts and investors will follow the prepared remarks. Dial-in instructions for the conference call and the replay are
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $15.4 million compared to $16.0 million for the same quarter in 2023 Net loss attributable to common stockholders was $34.5 million, compared to $9.4 million in the prior year primarily due to non-cash impairments of $27.8 million of which, $1.9 million is related to the pending sale of 9 Ti
- Company to Host Webcast and Call - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the third quarter ended September 30, 2024, on Tuesday, November 12, 2024, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will follow the prepared remarks. Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested p
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of 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, 2024. Second Quarter 2024 Highlights Revenue was stable at $15.8 million for the second quarter of 2024 and 2023 Net loss attributable to common stockholders was $91.9 million, compared to $10.9 million in the prior year primarily due to a non-cash impairment of $84.7 million related to the pending sale of 9 Times Square in Manhattan, New Yo
- Company to Host Webcast and Call - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today it will release its financial results as of, and for the second quarter ended June 30, 2024, on Friday, August 9, 2024, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will follow the prepared remarks. Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested partie
NEW YORK, July 16, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today the final results of its tender offer to purchase for cash up to 125,000 shares of American Strategic Investment Co. (NYSE:NYC) ("ASIC") common stock at a price of $11.00 per share (the "Tender Offer"), which expired at 5:00 p.m., New York City time, on July 15, 2024. Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, 179,219 shares of ASIC's common stock were properly tendered and not properly withdrawn. The tender offer was over
$11.00 Offer Represents $0.75 Per Share Increase in Offer Price to May 7, 2024 Tender Offer NEW YORK, June 26, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it has increased the purchase price of its previously announced tender offer to purchase up to 125,000 shares of American Strategic Investment Co. (NYSE:NYC) ("ASIC") common stock from the previous purchase price of $10.25 to an increased purchase price of $11.00 per share (the "Tender Offer"). The Tender Offer will close on July 5, 2024. Bellevue is making this offer at a 90% premiu
– Closing Expected Within 120 days of Signing Definitive Agreement – American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today that it has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan property ("9 Times Square") for $63.5 million. It is expected that the closing of the transaction will occur within 120 days of the execution of a definitive purchase and sale agreement between the parties. The Company previously announced that it had secured an amendment of the loan on 9 Times Square, which extended the maturity date of the loan to October 2024, with the option of an additional extension of the loan to year-end 2024 subject to certain co
$10.25 Offer Represents $1.00 Per Share Increase in Offer Price to May 7, 2024 Tender Offer NEW YORK, May 23, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it has increased the purchase price of its previously announced tender offer to purchase up to 125,000 shares of American Strategic Investment Co. (NYSE:NYC) ("ASIC") common stock from the previous purchase price of $9.25 to an increased purchase price of $10.25 per share (the "Tender Offer"). The Tender Offer will close on July 5, 2024. Bellevue is making this offer at a 77% premium
American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today that it has filed with the Securities and Exchange Commission ("SEC") a Solicitation/Recommendation Statement on Schedule 14D-9 and Letter to Stockholders dated May 21, 2024, regarding the tender offer commenced by Bellevue Capital Partners, LLC ("Bellevue") on May 7, 2024, to purchase up to 125,000 shares of the Company's Class A common stock at a price of $9.25 per share (the "Tender Offer"). The Company's board of directors has made no determination of the fairness of the Tender Offer or whether it is in the best interests of stockholders, makes no recommendation and is neutral as to whether stockholde
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company"), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Subsequent Event Highlights Revenue was consistent at $15.5 million for the first quarter of 2024 and 2023 Net loss attributable to common stockholders improved to $7.6 million, compared to $11.8 million in the first quarter 2023 Cash net operating income ("NOI") was consistent at $7.0 million for the first qua
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
3/A - American Strategic Investment Co. (0001595527) (Issuer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
10-Q - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
10-Q - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
Shareholders Decisively Re-Elect Elizabeth Tuppeny to Board of Directors New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") 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 decisively re-elected to the Company's Board of Directors (the "Board"). Ms. Tuppeny will continue to serve as NYC's Lead Independent Director, a role she has held since 2014. Michael Weil, Chairman and CEO of NYC, said, "We are delighted that Elizabeth Tuppeny will continue to serve on our Board as lead independent director. NYC's stockholders clearly have recognized Elizabeth's
Reports Other Annual Meeting Voting Results New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") announced today that, based on a preliminary vote count by its proxy solicitor, Elizabeth Tuppeny has been decisively re-elected to the Company's Board of Directors. Michael Weil, Chairman and CEO of NYC, said, "We are very pleased that our shareholders have re-elected Elizabeth Tuppeny to the Board. Elizabeth has been an outstanding director, and her substantial experience and expertise will continue to help NYC drive value for shareholders." At the Company's Annual Meeting of Stockholders held on May 31, 2022, NYC's shareholders also: Ratified the appointment of PricewaterhouseCoo
NEW YORK--(BUSINESS WIRE)--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 and Class B 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 stock holders of record on the record date for such payment. Accordingly, NYC declared a dividend of $0.10 per share on each share of NYC’s Class A common stock an
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - American Strategic Investment Co. (0001595527) (Subject)
SC 13D/A - New York City REIT, Inc. (0001595527) (Subject)
SC 13D/A - New York City REIT, Inc. (0001595527) (Subject)
SC 13D/A - New York City REIT, Inc. (0001595527) (Subject)
Although U.S. stocks closed lower on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Adverum Biotechnologies The Trade: Adverum Biotechnologies, Inc. (NASDAQ:ADVM) 10% owner Braden Michael Leonard acquired a
$11.00 Offer Represents $0.75 Per Share Increase in Offer Price to May 7, 2024 Tender OfferNEW YORK, June 26, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it has increased the purchase price of its previously announced tender offer to purchase up to 125,000 shares of American Strategic Investment Co. (NYSE:NYC) ("ASIC") common stock from the previous purchase price of $10.25 to an increased purchase price of $11.00 per share (the "Tender Offer"). The Tender Offer will close on July 5, 2024.
The Tender Offer will close on July 5, 2024. The $10.25 offer represents $1.00 per share increase in offer price to may 7, 2024 tender offer.
American Strategic (NYSE:NYC) reported quarterly losses of $(3.28) per share. This is a 43.15 percent increase over losses of $(5.77) per share from the same period last year. The company reported quarterly sales of $15.481 million which missed the analyst consensus estimate of $15.782 million by 1.91 percent. This is a 0.34 percent decrease over sales of $15.534 million the same period last year.
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today that it completed one new license agreement in the first quarter for approximately 8,000 square feet, resulting in a portfolio occupancy of 87.2%. Additionally, the Company's leasing pipeline totals approximately 14,000 square feet.
American Strategic (NYSE:NYC) reported quarterly losses of $(0.52) per share which missed the analyst consensus estimate of $(0.07) by 642.86 percent. This is a 372.73 percent decrease over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $15.38 million which missed the analyst consensus estimate of $16.53 million by 6.96 percent. This is a 5.04 percent decrease over sales of $16.20 million the same period last year.
Companies Reporting Before The Bell • Mach Natural Resources (NYSE:MNR) is projected to report quarterly earnings at $0.92 per share on revenue of $213.43 million. • Sharps Technology (NASDAQ:STSS) is expected to report earnings for its fourth quarter. • Sachem Cap (AMEX:SACH) is projected to report quarterly earnings at $0.11 per share on revenue of $16.58 million. • Enservco (AMEX:ENSV) is projected to report quarterly loss at $0.05 per share on revenue of $6.60 million. • NexGel (NASDAQ:NXGL) is likely to report quarterly loss at $0.11 per share on revenue of $1.38 million. • Milestone Scientific (AMEX:MLSS) is likely to report earnings for its fourth quarter. • SPAR Group (NASDAQ: