secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Place Holdings Inc. (TPHS)
CIK:        0000724742
Form:       8-K
Filed at:   2021-09-29T23:59:59+00:00
Accession:  0001104659-21-120337
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPHS commences closings at Jolie (90-unit condo); ~70% homes have TCO, substantial completion early 2022
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- Commencement of closings at Jolie, a 90-unit condo at 77 Greenwich Street; pricing starts at $1.5M for one-bedroom.
- As of Sept 30, ~70% of homes have temporary certificates of occupancy (TCO) or TCO pending; full completion by early 2022.
- Amenities designed by Deborah Berke Partners include Cloud Club 77 penthouse lounge, fitness center, and 3,600-sq-ft rooftop garden.
- Company had ~$240.7M in federal NOL carryforwards as of June 30, 2021, reducing future taxable income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724742/000110465921120337/0001104659-21-120337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724742/000110465921120337/tm2128741d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-120337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer