Amendment: American Strategic Investment Co. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure
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Explanatory Note
This Current Report on Form 8-K/A (the “Amendment”) is being filed as an amendment to the Current Report on Form 8-K filed with the Securities and Exchange Commission on December 26, 2024 (the “Original Form 8-K”) solely to report under Item 2.01 (the “Item 2.01 Disclosure”) the disclosure previously furnished under Item 7.01 of the Original Form 8-K. The Item 2.01 Disclosure was inadvertently furnished under Item 7.01 of the Original 8-K as a result of a scrivener’s error. Except as set forth in this Amendment, no other changes have been made to the Original Form 8-K.
Item 2.01 Completion of Acquisition or Disposition of Assets.
On December 18, 2024, ARCNYC570SEVENTH, LLC, a Delaware limited liability company (the “Seller”) and a wholly-owned subsidiary of American Strategic Investment Co. (the “Company”), consummated the sale of its 9 Times Square Midtown Manhattan property (the “Property”) to 9 Times Square Acquisitions, LLC, a Delaware limited liability company (the “Buyer”), pursuant to that certain Purchase and Sale Agreement, dated August 1, 2024, as amended on November 19, 2024, by and between the Seller and the Buyer. The Property was sold for a gross purchase price of $63.5 million. There were no material relationships, other than in respect of the sale of the Property, among the Seller and the Company, and their respective affiliates, on the one hand, and the Buyer and its affiliates on the other hand.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
American Strategic Investment Co. | ||
Date: January 10, 2025 | By: | /s/ Michael Anderson |
Michael Anderson | ||
Chief Executive Officer |