NYC - Dividend announcements

Strong leasing supports long-term growth, increases weighted-average lease term to 7.2 years New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") announced today that ongoing strong leasing activity has grown its pure-play New York City portfolio occupancy by 4% since the beginning of the year, to over 87% as of June 30, 20221, and that portfolio weighted-average remaining lease term has increased to 7.2 years as of the same date. The Company also announced that as it continues to proactively increase occupancy at its properties, its board of directors concluded that temporarily suspending2 the Company's quarterly dividend is a prudent action. The Company added that the board will

Report Fails to Recognize That Upcoming Director Election is About Electing Best-Qualified Candidate to Serve on NYC Board Current Lead Independent Director Elizabeth Tuppeny Has Far More Relevant Skills, Leadership Experience, and Real Estate Expertise Than Comrit's Unqualified, Inexperienced Candidate Urges NYC Shareholders to Not Be Fooled by Comrit and to ONLY vote the GOLD Proxy Card TODAY to Protect the Value of Their Investment and Dividend New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") today issued the following statement in response to the report issued by Glass, Lewis & Co., LLC relating to the director election at the Company's Annual Meeting on May 31, 2022. Mi

Re-Electing Elizabeth Tuppeny Will Protect the Company's Generous Dividend and Help Continue Strong Performance New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") today sent a letter urging shareholders to act quickly to vote the Gold card "FOR" the reelection of Elizabeth Tuppeny at the Company's May 31, 2022 Annual Meeting, which will protect the value their investment and help NYC continue its strong performance. In the letter, NYC reiterates the exceptional value created by the current Board of Directors with Elizabeth Tuppeny serving as Lead Independent Director, including: An attractive $0.40 per share annual dividend consistently delivered to shareholders; A total ret

Urges NYC Shareholders to Not Be Fooled by Comrit and to ONLY vote the GOLD Proxy Card TODAY to Protect the Value of Their Investment and Dividend New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") today issued the following statement in response to the report issued by Institutional Shareholder Services ("ISS") relating to the director election at the Company's Annual Meeting on May 31, 2022. Michael Weil, Chairman and CEO of NYC, said, "There is no question that Elizabeth Tuppeny is the superior candidate and the right choice for NYC shareholders in the upcoming director election. She has been an outstanding NYC director for several years and has extensive commercial real esta

Elizabeth Tuppeny's Skills and Expertise are Clearly Superior to Comrit's Unqualified Candidate Urges NYC Shareholders to VOTE the GOLD Proxy Card TODAY to Protect the Value of Their Investment and Dividend New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") today sent a letter to shareholders clearly comparing the credentials of its experienced and highly-qualified director nominee, Elizabeth Tuppeny, to Comrit Investments 1, LP's ("Comrit") inexperienced nominee, Sharon Stern. The letter includes a chart that powerfully demonstrates that the choice is clear: Elizabeth Tuppeny is the best candidate for election to the NYC Board of Directors. NYC strongly encourages all stockhol

Company Was One of the Top-Performing REITs With Total Return Outperforming S&P 500 and Direct Competitors Urges NYC Shareholders to Not Be Fooled by Comrit and to ONLY VOTE the GOLD Proxy Card TODAY to Protect the Value of Their Investment and Dividend New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") has sent a letter to shareholders outlining the Company's strong performance in 2021, which led to it being one of the top-performing REITs through the pandemic, and its continued momentum in 2022. In the letter, NYC discusses its strong leasing activity, successful navigation of the COVID-19 pandemic, and its proactive asset and property management throughout 2021. The efforts

Lead Independent Director Has Achieved Sustained Success in the Real Estate Industry and Has a Proven Track Record of Generating Value for NYC Shareholders Urges NYC Shareholders to VOTE the GOLD Proxy Card TODAY to Continue Company's Strong Momentum New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") today sent a letter to shareholders outlining the many reasons why shareholders should re-elect the Company's Lead Independent Director, Elizabeth Tuppeny, to continue serving on the Board of Directors. In the letter, NYC details Ms. Tuppeny's extensive commercial real estate experience, significant REIT board service, and strong track record of delivering exceptional returns to NY

Highlights Substantial Value Created by Current Board and Significant Skills, Leadership and Experience of Lead Independent Director Elizabeth Tuppeny Urges NYC Shareholders to Not Be Fooled by Comrit and to ONLY VOTE the GOLD Proxy Card TODAY to Protect the Value of Their Investment and Dividend New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") recently sent a letter to shareholders regarding the misleading and self-serving campaign initiated by activist Comrit Investments 1, LP. In the letter, NYC outlines the significant value created by the current Board of Directors (the "Board") – with Elizabeth Tuppeny serving as Lead Independent Director. The letter also underscores Ms

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 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 payable on April 18, 2022 to common stock holders of record at th

New York City REIT, Inc. (NYSE:NYC) ("NYC" or the "Company") published an investor presentation describing the Company's strong results and successful achievements during 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220111005252/en/ Highlights of these results include NYC investors benefited from an exceptional Total Return in 2021 of 37%, outperforming several peer and index benchmarks, including New York City office peers and the S&P 500 Index NYC outperformed the S&P 500 by over 6% NYC outperformed peer REITs with New York City focus2 by 12% Increased Cash Rent3 collection rate to 94% in the fourth quarter 2

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 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 payable on January 18, 2022 to common stock holders of record at

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 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 payable on October 15, 2021 to common stock holders of record at

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 and Class B common stock payable on July

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

NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”), a real estate investment trust that owns a portfolio of high-quality 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, 2020. Fourth Quarter 2020 and Subsequent Event Highlights Revenue was $9.9 million Net loss attributable to common stockholders was $16.6 million or $1.30 per share Collected 82% of cash rent due in fourth quarter 20201, including 89% among the top 10 tenants2 73% of the top 10 tenants portfolio-wide rated as investment grade or implied inves