secwatch.observer — SEC 8-K summary
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Issuer:     New York REIT Liquidating LLC (—)
CIK:        0001474464
Form:       8-K
Filed at:   2026-07-28T20:53:50+00:00
Accession:  0001193125-26-321187
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474464/000119312526321187/0001193125-26-321187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474464/000119312526321187/d143640d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-321187

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