TPHS enters exclusivity with asset manager; school opens; NYSE compliance restored

Trinity Place Holdings Inc.

Trinity Place Learning Center (PS 150) opened for 420 students, up from 186; school sold to NYC in April 2020.
Entered exclusivity period with large asset manager to negotiate refinancings at improved terms and new financing for business opportunities.
Sufficient funds to complete Jolie construction; majority of construction expected in coming weeks.
Filed Q2 10-Q on Sept 7, regaining compliance with NYSE American continued listing standards.
Remaining Jolie inventory priced from $1.575M for a one-bedroom residence.

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