---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-321187"
form_type: "8-K"
ticker: null
cik: "0001474464"
company_name: "New York REIT Liquidating LLC"
filed_at: "2026-07-28T20:53:50+00:00"
generated_at: "2026-07-28T20:55:11.358988+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NYRT reports $940M first mortgage default on One Worldwide Plaza; foreclosure action underway

## Summary
- $940M first mortgage on One Worldwide Plaza in monetary default as of Dec 2025; mortgage foreclosure action commenced.
- $190M senior mezzanine loan defaulted Sep 2024; acquired by Extell affiliate Oct 2025, accelerated; UCC foreclosure sale postponed.
- $70M junior mezzanine loan also in default.
- Receiver Matthew D. Mason (Hilco Global) appointed Mar 4, 2026; property manager replaced with Cushman & Wakefield effective Jul 1, 2026.
- NYRT holds 49.9% indirect interest via ARC; no obligation to fund additional capital; not party to negotiations.

## SEC filing metadata
- accession: 0001193125-26-321187
- form_type: 8-K
- cik: 0001474464
- company_name: New York REIT Liquidating LLC
- filed_at: 2026-07-28T20:53:50+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474464/000119312526321187/0001193125-26-321187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474464/000119312526321187/d143640d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-321187
- JSON: https://secwatch.observer/filing/0001193125-26-321187.json
- Plain text: https://secwatch.observer/filing/0001193125-26-321187.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.