New York City REIT Inc

American Strategic Investment Co. is a publicly traded real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. Its portfolio is diversified across eight office and retail condominium assets. The firm’s top tenants feature a balance of large investment grade rated corporate tenants and government agencies. The company was founded on December 19, 2013 and is headquartered in New York, NY.

Earnings data Q1 2021

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New York City REIT Inc reports solid Q1 results and strategic growth plans

NYC's Q1 performance reflects positive growth in key metrics, supported by a strategic focus on diversification and portfolio stability.
While challenges exist in executing property sales and navigating market conditions, NYC's strengths lie in its financial prudence and growth strategy.
Opportunities for NYC include leveraging property sales to enhance financial flexibility, diversifying its portfolio, and optimizing shareholder value.

NYC REIT Inc reports robust Q2 results amidst strategic divestments

NYC REIT Inc's Q2 2024 performance reflects operational strength with notable growth in adjusted EBITDA and occupancy.
While facing challenges such as noncash impairments and flat revenue, the company maintains a conservative balance sheet and strategic divestment plans.
Opportunities lie in contract signings, market improvements, and reinvestment strategies that position NYC REIT for future growth and value creation.
Management's positive outlook for future quarters indicates confidence in the company's ability to navigate challenges and capitalize on opportunities.

NYC REIT reports positive Q3 results and plans strategic divestment

New York City REIT Inc (NYC) delivered strong Q3 results with a focus on improving financial metrics and portfolio diversification.
The company's emphasis on reducing leverage, strengthening cash position, and pursuing higher-yielding opportunities reflects a strategic approach to enhance shareholder value.
Despite challenges in managing debt and evaluating financial performance, NYC REIT remains optimistic about its growth prospects and market opportunities.

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American Strategic Investment Co. is a publicly traded real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. Its portfolio is diversified across eight office and retail condominium assets. The firm's top tenants feature a balance of large investment grade rated corporate tenants and government agencies. The company was founded on December 19, 2013 and is headquartered in Newport, RI.

American Strategic Investment Co. (NYC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About American Strategic Investment Co. (NYC) Rating Upgrade to Buy

American Strategic Investment Co (NYSE:NYC ) Q3 2024 Results Conference Call November 12, 2024 11:00 AM ET Company Participants Curtis Parker - Senior Vice President Michael Anderson - Chief Executive Officer Mike LeSanto - Chief Financial Officer Conference Call Participants Bryan Myers - B. Riley Securities Operator Good morning, and welcome to the American Strategic Investment Company Third Quarter Earnings Call.

American Strategic Investment Co (NYC) Q3 2024 Earnings Call Transcript

American Strategic Investment Co. (NYC) came out with a quarterly loss of $2.62 per share in line with the Zacks Consensus Estimate. This compares to loss of $4.10 per share a year ago.

American Strategic Investment Co. (NYC) Reports Q3 Loss, Lags Revenue Estimates

NEW YORK--(BUSINESS WIRE)--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.

American Strategic Investment Co. Announces Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES RELEASE DATE FOR THIRD QUARTER RESULTS.

American Strategic Investment Co. Announces Release Date for Third Quarter Results

American Strategic Investment Co. (NYSE:NYC ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Curtis Parker - Senior Vice President Michael Anderson - Chief Executive Officer Mike LeSanto - Chief Financial Officer Conference Call Participants Bryan Myers - B. Riley Securities Operator Good morning and welcome to the American Strategic Investment Company's Second Quarter Earnings call.

American Strategic Investment Co. (NYC) Q2 2024 Earnings Call Transcript

American Strategic Investment Co. (NYC) came out with a quarterly loss of $2.84 per share versus the Zacks Consensus Estimate of a loss of $2.99. This compares to loss of $4.77 per share a year ago.

American Strategic Investment Co. (NYC) Reports Q2 Loss, Lags Revenue Estimates

NEW YORK--(BUSINESS WIRE)--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 milli.

American Strategic Investment Co. Announces Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--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-i.

American Strategic Investment Co. Announces Release Date for Second Quarter Results

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.

BELLEVUE CAPITAL PARTNERS, LLC ANNOUNCES FINAL RESULTS OF TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

$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 CAPITAL PARTNERS, LLC INCREASES THE PURCHASE PRICE FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

NEW YORK--(BUSINESS WIRE)--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,.

American Strategic Investment Co. Enters Into Letter of Intent to Sell 9 Times Square for $63.5 Million

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating American Strategic Investment Company ( NYSE: NYC ), relating to a tender offer from Bellevue Capital Partners, LLC. Under the terms of the agreement, Bellevue Capital Partners offers to purchase American Strategic Investment stock in the amount of $10.25 per share.

URGENT ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company – NYC

NEW YORK , June 4, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating American Strategic Investment Company (NYSE: NYC), relating to a tender offer from Bellevue Capital Partners, LLC.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company - NYC

NEW YORK--(BUSINESS WIRE)--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 “Te.

American Strategic Investment Co. Announces Response to Bellevue Capital Partners, LLC Tender Offer

American Strategic Investment Co. (NYSE:NYC ) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Curtis Parker - SVP Michael Anderson - CEO Mike LeSanto - CFO Conference Call Participants Bryan Maher - B. Riley Securities Operator Good morning, and welcome to the American Strategic Investment Company's First Quarter Earnings Call.

American Strategic Investment Co. (NYC) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--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 mi.

American Strategic Investment Co. Announces First Quarter 2024 Results

$9.25 Offer Represents 67% Premium to Recent Closing Price NEW YORK , May 7, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it has launched a tender offer to purchase up to 125,000 shares of American Strategic Investment Co. (NYSE: NYC) ("ASIC") common stock at a price of $9.25 per share (the "Tender Offer"). The Tender Offer will close on July 5, 2024.

BELLEVUE CAPITAL PARTNERS, LLC LAUNCHES TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

NEW YORK--(BUSINESS WIRE)--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. “Our focus on portfolio management resulted in occupancy growth of over 300 basis points at the end of the first quarter compared to last year,” said M.

American Strategic Investment Co. Announces New Leasing, 87.2% Occupancy

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it intends to accelerate its efforts to evolve and diversify its business. The Company has started the process to market for sale its 9 Times Square Midtown Manhattan asset (“9 Times Square”). In addition, the Company intends to market for sale its properties located at 123 William Street and 196 Orchard Street. These strategic dispositions are in furtherance of the Company's.

American Strategic Investment Co. to Accelerate Evolution of Business Model

NEW YORK--(BUSINESS WIRE)--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.

American Strategic Investment Co. Announces Release Date for First Quarter Results

American Strategic Investment Co. (NYSE:NYC ) Q4 2023 Earnings Conference Call April 2, 2024 2:00 PM ET Company Participants Curtis Parker - Senior Vice President Michael Anderson - Chief Executive officer Joe Marnikovic - Chief Financial Officer Conference Call Participants Bryan Maher - B. Riley Securities Operator Good morning and welcome to the American Strategic Investment Company's Fourth Quarter and Year-End 2023 Earnings Call.

American Strategic Investment Co. (NYC) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--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 impairmen.

American Strategic Investment Co. Announces Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--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 bus.

American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2023 Results

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