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New York REIT Inc (NYRT.N)

NYRT.N on New York Stock Exchange

17.24USD
20 Sep 2018
Change (% chg)

$0.13 (+0.76%)
Prev Close
$17.11
Open
$17.10
Day's High
$17.24
Day's Low
$17.04
Volume
3,031
Avg. Vol
35,253
52-wk High
$78.90
52-wk Low
$17.04

Latest Key Developments (Source: Significant Developments)

New York REIT Enters Into Contract To Sell The Viceroy Hotel
Friday, 13 Jul 2018 

July 13 (Reuters) - New York REIT Inc ::NEW YORK REIT INC ENTERS INTO CONTRACT TO SELL THE VICEROY HOTEL.NEW YORK REIT INC - WENDY SILVERSTEIN STEPS DOWN AS CEO AND BOARD MEMBER.NEW YORK REIT INC - DEAL FOR $41.0 MILLION.NEW YORK REIT INC - WENDY SILVERSTEIN HAS DECIDED TO STEP DOWN AS CHIEF EXECUTIVE OFFICER.NEW YORK REIT INC - ONCE SALE OF VICEROY HOTEL IS COMPLETE, WILL HAVE SOLD ALL PROPERTIES EXCEPT FOR ITS REMAINING 50.1% INTEREST IN WORLDWIDE PLAZA.NEW YORK REIT INC - JOHN GARILLI WILL ASSUME RESPONSIBILITIES OF CEO AND PRESIDENT AND WILL ALSO CONTINUE AS COMPANY'S CHIEF FINANCIAL OFFICER.NEW YORK REIT INC - ADVISORY AGREEMENT WITH WINTHROP REIT ADVISORS WILL REMAIN IN FULL FORCE AND EFFECT.  Full Article

Davidson Kempner Capital Management Reports 7.09 Pct Passive Stake In New York REIT
Friday, 29 Dec 2017 

Dec 29 (Reuters) - New York REIT Inc ::DAVIDSON KEMPNER CAPITAL MANAGEMENT LP REPORTS 7.09 PERCENT PASSIVE STAKE IN NEW YORK REIT AS OF DEC 19 - SEC FILING‍​.  Full Article

New York REIT, New York Recovery Operating Partnership Entered Into Amendment To Loan Agreement
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - New York Reit Inc ::NEW YORK REIT SAYS ON DEC 6, CO & NEW YORK RECOVERY OPERATING PARTNERSHIP ENTERED INTO AMENDMENT TO LOAN AGREEMENT DATED DEC 20, 2016 - SEC FILING.NEW YORK REIT - EXTENDED MATURITY DATE OF LOAN WAS CHANGED FROM DEC 20, 2018 TO SEPT 20, 2018, WITH INTEREST RATE OF LIBOR PLUS 3.50%.  Full Article

New York REIT declares cash distribution Of $1.00/shr
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - New York REIT Inc ::NEW YORK REIT INC - BOARD DECLARED A CASH LIQUIDATING DISTRIBUTION OF $1.00 PER SHARE.NEW YORK REIT INC - LIQUIDATING DISTRIBUTION IS BEING PAID FROM NET PROCEEDS FROM RECENT PROPERTY SALES.  Full Article

New York REIT to sell property at 333 West 34(th) Street for $255 million
Friday, 10 Nov 2017 

Nov 9 (Reuters) - New York REIT Inc :New York REIT, Inc. enters into contract to sell its 333 west 34th street property.New York REIT Inc - ‍entered into contract to sell property located at 333 West 34(th) Street for $255 million to real estate funds managed by Brookfield​.  Full Article

New York REIT announces results for Q3 2017 and declaration of distribution of $2.07 per share
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - New York REIT Inc :New York REIT announces results for third quarter 2017 and declaration of distribution of $2.07 per share.New York REIT - ‍Current estimate of net assets in liquidation at Sept 30, results in liquidating distributions of about $7.93 per common share​.New York REIT Inc - ‍Currently projects that remaining interest in Worldwide Plaza will be sold by November 1, 2021​.New York REIT Inc - ‍Reported $7.93 per common share estimate of current liquidating distribution represents a decrease from estimate at June 30, 2017​.  Full Article

New York REIT sells its 229 west 36th street and 256 west 38th street properties
Monday, 6 Nov 2017 

Nov 6 (Reuters) - New York Reit Inc :New York REIT, Inc. sells its 229 west 36th street and 256 west 38th street properties.New York REIT - ‍sold properties located at 229 west 36th street, 256 west 38th street in new york for a total of $155.95 million.  Full Article

New York REIT to sell its 1440 Broadway property
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - New York Reit Inc : :New York REIT, Inc enters into contract to sell its 1440 Broadway property.New York REIT Inc - ‍entered into a contract to sell its property located at 1440 Broadway, in New York for $520 million to an unaffiliated third party​.  Full Article

New York REIT sells 245-249 West 17th Street and 218 west 18th Street properties
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - New York REIT Inc :New York REIT, Inc. Sells its 245-249 West 17th Street and 218 West 18th Street properties.New York REIT Inc - ‍after satisfaction of debt, pro-rations and closing costs New York REIT Inc received net proceeds of about $146.2 million​.New York REIT Inc - ‍in connection with sale, NYRT paid about $348.0 million on account of loan as required by loan documents.New York REIT Inc - ‍properties sold were part of collateral for NYRT's cross collateralized and secured loan in original principal amount of $760 million​.  Full Article

Columbia Property Trust buys 2 fully leased Class-A office properties for $514 mln
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Columbia Property Trust Inc :Columbia Property Trust - purchased two fully leased Class-A office properties in New York's Chelsea submarket from New York Reit (NYRT) for $514 million​.Columbia Property Trust Inc - ‍acquisition does not involve Columbia's recently initiated joint venture with Allianz Real Estate​.  Full Article

BRIEF-New York REIT Reports Q1 Results

* AS OF MAY 9, 2018, CO HAS SOLD ALL OF ITS PROPERTIES EXCEPT FOR REMAINING 50.1 PCT INTEREST IN WORLDWIDE PLAZA AND VICEROY HOTEL