New York City REIT Inc. (NYC) Misses Q1 EPS by $1.34, Revenues Miss

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New York City REIT Announces First Quarter 2021 Results

May 13, 2021 6:00 AM EDT

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 first quarter ended March 31, 2021.

First Quarter 2021 and Subsequent Event Highlights

Revenue was $15.2 million as compared to $17.5 million for the first quarter 2020 and up from $9.9 million in fourth quarter 2020 Net loss attributable to common stockholders was $13.5 million as... More