Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan. It also owns a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer. Trinity Place Holdings Inc. was founded in 1959 and is headquartered in New York, New York.
IPO Year:
Exchange: AMEX
Website: tphs.com
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Trinity Place Holdings Inc. (OTC:TPHS) (the "Company," "we," "our," or "us") today announced operating results for the third quarter ended September 30, 2025. The Company is an intellectual property holding, investment, and commercialization company. We own and control a portfolio of intellectual property assets focused on the consumer sector, a legacy of our predecessor, Syms Corp. ("Syms"), including FilenesBasement.com, our rights to the Stanley Blacker® brand, as well as the intellectual property associated with the Running of the Brides® event and the An Educated Consumer is Our Best Customer® slogan. Our strategy today centers on monetizing these assets through brand licensing, e-com
Trinity Place Holdings Inc. (OTC:TPHS) (the "Company," "we," "our," or "us") today announced operating results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Results Revenue for the second quarter of 2025 was $0.0 million, a decrease of 100%, as compared to revenue of $0.4 million in the same period of the prior year. Net loss was $0.5 million, or $(0.01) per share, for the second quarter of 2025, as compared to net loss of $1.7 million, or $(0.03) per share, in the same period of the prior year. Year-to-Date 2025 Financial Results Revenue totaled $0.2 million, a decrease of 91%, as compared to revenue of $2.7 million in the same period of the prior
Trinity Place Holdings Inc. (OTC:TPHS) (the "Company," "we," "our," or "us") today announced operating results for the first quarter ended March 31, 2025. First quarter 2025 Results Revenue for the first quarter of 2025 was $0.2 million, a decrease of 90%, as compared to revenue of $2.4 million in the same period of the prior year. Net loss was $3.7 million, or $(0.06) per share, for the first quarter of 2025, as compared to net income of $8.1 million, or $0.15 per share, in the same period of the prior year. About the Company The Company is an intellectual property and real estate holding, investment, development and asset management company. As of March 31, 2025, we own and c
Trinity Place Holdings Inc. (OTC:TPHS), an intellectual property and real estate holding, investment, development and asset management company ("TPHS" or the "Company"), announced today that, as of May 20, 2025, the Company's joint venture membership interests in TPHGreenwich Holdings LLC ("TPHGreenwich"), including the Company's right to distributions under the TPHGreenwich Second Amended and Restated Limited Liability Company Operating Agreement, have been transferred into a trust for the benefit of the Company's shareholders. A copy of the trust agreement can be found on the Company's website at www.tphs.com. About Trinity Place Holdings Inc. Trinity Place Holdings Inc. (www.tphs.com)
Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced that on February 21, 2024, the NYSE American notified the Company that it had reviewed the plan of compliance (the "Plan") that the Company submitted to the NYSE American and determined to accept the Plan and grant a cure period through May 29, 2025. As previously disclosed, on November 29, 2023, the Company received a deficiency letter from the NYSE American indicating that the Company was not in compliance with the NYSE American's continuing listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE Company Guide since it reported stockholders' deficit of $(1.2) million as of September 30, 2023 and losses from
Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced that on February 14, 2024 the Company closed its previously announced recapitalization transactions. In connection with these transactions, the maturity date of each of the mortgage loan agreement and mezzanine loan agreement for the 77 Greenwich property was extended to October 23, 2025 with an option to extend for an additional year. At the closing, the lender under the Company's corporate credit facility purchased 25,112,245 shares of common stock of the Company and the maturity date of the Company's corporate credit facility was extended to June 30, 2026. In addition, an affiliate of the lender acquired a 5% interest in a
Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced that, effective as of January 5, 2024, the Company had entered into a stock purchase agreement with the lender under its corporate credit facility and an affiliate of such lender (the "Investor"), pursuant to which the Investor will be issued 25,112,245 shares of common stock of the Company for a purchase price of $0.30 per share in accordance with the terms and conditions of the stock purchase agreement. At the closing of the transactions contemplated by the stock purchase agreement, the Company and the Investor will enter into a joint venture agreement, pursuant to which the joint venture will be appointed the initial manag
Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced today that on November 29, 2023 it received a letter (the "Notice") from the NYSE American LLC ("NYSE American") advising the Company is not in compliance with the NYSE American continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide given the reported stockholders' deficit as of September 30, 2023, and losses from continuing operations and/or net losses in three of its four most recent fiscal years ended December 31, 2022. The Notice has no immediate impact on the listing of the Company's shares of common stock, par value $0.01 per share (the "Common Stock"), which will cont
Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced that its annual meeting of stockholders will be held at 77 Greenwich Street, New York, New York on Wednesday, June 21, 2023 beginning at 10:00 a.m. local time. Further details regarding the Annual Meeting have been made available to stockholders in the Company's proxy statement filed with the Securities and Exchange Commission (the "SEC") today. The Company also advises that its audited consolidated financial statements for the fiscal year ended December 31, 2022, included in the Company's annual report on Form 10-K filed with the SEC, contained an audit report from its independent registered public accounting firm with a g
Engages Houlihan Lokey and Ackman Ziff as Advisors in Strategic Review Process Trinity Place Holdings Inc. (NYSE:TPHS) (the "Company") announced that it is providing an update on its ongoing review of potential strategic alternatives. As previously disclosed, the Company has been engaged in a process to review and evaluate potential strategic alternatives to maximize shareholder value. To that end the Company has engaged from time to time with various parties who have expressed interest in the Company's assets and attributes, and has considered a range of potential strategic transactions, including financing alternatives, a potential financial restructuring or a reorganization, merger, rev
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