---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-007985"
form_type: "8-K"
ticker: "GYRO"
cik: "0001589061"
company_name: "Gyrodyne, LLC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T10:42:45.563731+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gyrodyne receives unanimous preliminary subdivision approval for Flowerfield property from Smithtown Planning Board

## Summary
- Town of Smithtown Planning Board granted preliminary subdivision approval on March 30, 2022, subject to conditions including stormwater plan and SEQRA findings.
- SEQRA findings resolution established thresholds for sanitary discharge, traffic, cleared area, and vegetation for future development.
- Next phase requires final approvals from Suffolk County, NY State DOT, and final subdivision map from Smithtown.
- Company will continue marketing Flowerfield as nine subdivided lots or consider offers for whole property or the company.
- Approval follows over four years of public comment and environmental reviews.

## SEC filing metadata
- accession: 0001437749-22-007985
- form_type: 8-K
- ticker: GYRO
- cik: 0001589061
- company_name: Gyrodyne, LLC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589061/000143774922007985/0001437749-22-007985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589061/000143774922007985/gyrllc20220401_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-007985
- JSON: https://secwatch.observer/filing/0001437749-22-007985.json
- Plain text: https://secwatch.observer/filing/0001437749-22-007985.txt

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