UPDATE: New York City REIT Inc. (NYC) Reports Q4 Loss of $1.30
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New York City REIT Announces Fourth Quarter and Full Year 2020 Results
March 16, 2021 6:10 AM EDTNEW 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... More