---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032812"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:27:59.682118+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty reports Q3 2024 record revenue $37.6M, net loss narrows to $1.1M

## Summary
- Q3 2024 revenue $37.6M (+6.8% YoY); record NOI $21.8M; AFFO $7.8M ($0.18/share).
- Net loss $(1.1)M ($0.05/sh) vs $(2.3)M ($0.09/sh) in Q3 2023; lower loss on higher rental revenue.
- Residential revenue up 9.2% on higher rents; new leases exceeded prior rents by nearly 10%, renewals by ~6%.
- CEO notes Flatbush Gardens Article 11 rental recoveries; 250 Livingston NYC vacate notice in Aug 2025; 141 Livingston renewal discussions.
- Marketing properties including 10W 65th St for potential sale (may result in loss vs book value); Dean St development on schedule for 2025.

## SEC filing metadata
- accession: 0001437749-24-032812
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774924032812/0001437749-24-032812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774924032812/clpr20241030_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032812
- JSON: https://secwatch.observer/filing/0001437749-24-032812.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032812.txt

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