New York City REIT Inc. (NYC) Misses Q1 EPS by 53c

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Go back to New York City REIT Inc. (NYC) Misses Q1 EPS by 53c

New York City REIT Announces First Quarter 2022 Results

May 13, 2022 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, 2022.

First Quarter 2022 and Subsequent Event Highlights

Revenue increased $0.5 million to $15.6 million from $15.2 million in the first quarter, 2021 Net loss attributable to common stockholders was $11.1 million compared to $13.5 million in first quarter 2021 Cash net... More