New York City REIT Inc. (NYC) Misses Q2 EPS by $1.22

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Go back to New York City REIT Inc. (NYC) Misses Q2 EPS by $1.22

New York City REIT Announces Second Quarter 2022 Results

August 12, 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 second quarter ended June 30, 2022.

Second Quarter 2022 and Subsequent Event Highlights

Revenue increased to $16.2 million from $15.0 million in the second quarter 2021 Net loss attributable to common stockholders was $11.3 million compared to $11.1 million in second quarter 2021 Cash net... More