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.
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4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
4 - American Strategic Investment Co. (0001595527) (Issuer)
- Non-Refundable Deposit of $7.0 Million Secured and Expect to Generate Approximately $13.5 Million in Net Proceeds at Closing - American Strategic Investment Co. (NYSE:NYC) ("ASIC" or the "Company") announced today that December 19, 2024, has been set as the closing date for the sale of its 9 Times Square Midtown Manhattan property ("9 Times Square") for a contract sales price of $63.5 million. Additionally, in connection with this transaction, the buyer has paid a $7 million non-refundable deposit with respect to the sales price. The Company previously announced that it had secured an amendment of the mortgage loan on 9 Times Square, which extended the maturity date of such loan up to
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
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)
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
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)
8-K/A - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)
8-K - American Strategic Investment Co. (0001595527) (Filer)