One Liberty Properties receives $5.4M settlement from Harden Healthcare lawsuit; Q2 income

ONE LIBERTY PROPERTIES INC

Received approx. $5.4 million on April 15, 2022 under settlement with Harden Healthcare.
Settlement resolves lawsuit OLP Wyoming Springs, LLC v. Harden Healthcare, LLC.
Proceeds will be recognized as other income in the quarter ending June 30, 2022.
Parties will seek dismissal with prejudice and release each other from related claims.

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