Source-grounded facts extracted from American Strategic Investment Co.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Nicholas S. Schorsch, Jr. was appointed as Chairman of the Board at American Strategic Investment Co..
“On July 10, 2026, the Board appointed Nicholas S. Schorsch, Jr., age 41, as a Class III director and Chairman of the Board to fill the vacancy on the Board created by the departure of Mr. Weil.”
Edward M. Weil, Jr. resigned as Chairman of the Board at American Strategic Investment Co..
“On July 9, 2026, Edward M. Weil, Jr., a Class III director and Chairman of the Board of Directors (the “ Board ”) of American Strategic Investment Co. (the “ Company ”), notified the Company of his resignation as a director on the Board, effective immediately.”
Shareholder Votes
American Strategic Investment Co. shareholders approved Adoption of a non-binding advisory resolution approving the compensation of the Company’s named executive officers at the 2026-06-02 meeting.
“Proposal 3: Adoption of a non-binding advisory resolution approving the compensation of the Company’s named executive officers: Broker Votes For Votes Against Abstentions Non-Votes 1,753,132 134,001 15,000 310,304”
Shareholder Votes
American Strategic Investment Co. shareholders approved Ratification of the appointment of CBIZ CPAs P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-02 meeting.
“Proposal 2: Ratification of the appointment of CBIZ CPAs P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Broker Votes For Votes Against Abstentions Non-Votes 1,976,286 199,145 37,006 n/a”
Shareholder Votes
American Strategic Investment Co. shareholders approved Election of two Class III directors to serve until the Company’s 2029 Annual Meeting of stockholders and until their respective successors are duly elected and qualify at the 2026-06-02 meeting.
“Proposal 1: Election of two Class III directors to serve until the Company’s 2029 Annual Meeting of stockholders and until their respective successors are duly elected and qualify: Votes Votes Broker Director For Withheld Non-Votes Louis P. DiPalma 1,780,727 121,406 310,304 Edward M. Weil, Jr. 1,590,981 311,152 310,304”
Earnings Releases
American Strategic Investment Co. reported the quarter ended March 31, 2026 results: revenue $7.3 million, net income $7.8 million, EPS $(3.04).
“the five boroughs of New York City, announced today its financial and operating results for the third quarter ended March 31, 2026. First Quarter 2026 Highlights • Revenue was $7.3 million compared to $12.3 million in the first quarter of 2025, primarily related to the disposition of 1140 Avenue of the Americas in the prior year • Net loss attributable to common”
Equity Issuances
American Strategic Investment Co. issued 232,098 shares of common stock to New York City Advisors, LLC (the "Advisor") for $1,910,169.12.
“the Company has accrued and owes to the Advisor cash compensation in the aggregate amount of $1,910,169.12, which the Advisor has elected to receive in the form of shares of the Company’s Class A common stock”
Earnings Releases
American Strategic Investment Co. reported financial results for the quarter and year ended December 31, 2025.
“On April 15, 2026, American Strategic Investment Co. (the “Company”) issued a press release announcing its results of operations for the quarter and year ended December 31, 2025, and supplemental financial information for the quarter and year ended December 31, 2025, attached hereto as Exhibits 99.1 and 99.2, respectively.”
Debt Financings
American Strategic Investment Co. faced acceleration on loan of $50.0 million with Societe Generale at 4.516% per annum.
“the Loan had been accelerated, and all amounts under the Loan Agreement were due and payable, together with interest at the default rate set forth in the Loan Agreement, which is a rate annum equal to the lesser of (i) the maximum rate permitted by applicable law, or (ii) four percent (4%) above the interest rate of 4.516% per annum, compounded monthly. Such amounts include, but are not limited to, the $50.0 million principal amount of the Notes.”
Auditor Changes
American Strategic Investment Co. engaged CBIZ CPAs P.C. as its auditor.
“On October 28, 2025, the Company engaged CBIZ CPAs as its independent registered public accounting firm for the fiscal year ending December 31, 2025”
Auditor Changes
American Strategic Investment Co. dismissed PricewaterhouseCoopers LLP as its auditor.
“(a) Dismissal of Independent Registered Public Accounting Firm On October 16, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors of American Strategic Investment Co. (the “Company”) dismissed PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm, effectively immediately.”
Listing & Compliance Notices
American Strategic Investment Co. received a nyse deficiency notice notice regarding market value (rules 802.01B).
“August 26, 2025, American Strategic Investment Co. (the “Company”) received a written notice (the “Notice”) from the New York Stock Exchange (“NYSE”) that the Company did not presently satisfy the NYSE’s continued listing standards under Section 802.01B of the NYSE Listed Company Manual (the “Manual”), which requires the Company’s 30-trading day average market capitalization to be not less than $50 million and the Company’s stockholders’ equity to be not less than $50 million. As set forth in the Notice, as of August 25, 2025, the Company’s 30-trading day average market capitalization was appr”
Nicholas S. Schorsch, Jr. was appointed as Chief Executive Officer at American Strategic Investment Co..
“the Board appointed Mr. Nicholas S. Schorsch, Jr. as the Chief Executive Officer (Principal Executive Officer) of the Company, effective on the effectiveness of Mr. Anderson’s resignation.”
Michael Anderson resigned as Chief Executive Officer at American Strategic Investment Co..
“Michael Anderson notified the board of directors (the “Board”) of American Strategic Investment Co. (the “Company”) that he intends to resign from his position as Chief Executive Officer (Principal Executive Officer) of the Company for personal reasons”
M&A Transactions
American Strategic Investment Co. completed a disposition involving 9 Times Square Acquisitions, LLC for gross purchase price of $63.5 million (closed 2024-12-18).
“On December 18, 2024, ARCNYC570SEVENTH, LLC, a Delaware limited liability company (the " Seller ") and a wholly-owned subsidiary of American Strategic Investment Co. (the " Company "), consummated the sale of its 9 Times Square Midtown Manhattan property (the " Property ") to 9 Times Square Acquisitions, LLC, a Delaware limited liability company (the " Buyer "), pursuant to that certain Purchase and Sale Agreement, dated August 1, 2024, as amended on November 19, 2024, by and between the Seller and the Buyer. The Property was sold for a gross purchase price of $63.5 million.”
Earnings Releases
American Strategic Investment Co. reported first quarter ended March 31, 2024 results: revenue $15.5 million, net income $7.6 million, EPS $(3.28).
“Revenue was consistent at $15.5 million for the first quarter of 2024 and 2023 • Net loss attributable to common stockholders improved to $7.6 million”
Material Agreements
American Strategic Investment Co. amended Amendment with Capital One, National Association (effective 2024-04-29).
“On April 29, 2024, ARC NYC 570SEVENTH, LLC, a wholly owned subsidiary (the “ Borrower ”) of New York City Operating Partnership, L.P. (the “ OP ”), the operating partnership of American Strategic Investment Co. (the “ Company ”), entered into a second amendment (the “ Amendment ”) to the term loan agreement, dated April 26, 2019 (as amended, the “ Loan Agreement ”), with the Company, as guarantor of certain enumerated recourse liabilities of the Borrower under the Loan Agreement, Capital One, National Association, as administrative agent (the “ Administrative Agent ”), and the other lenders party thereto (each a “ Lender ” and together, the “ Lenders ”).”
Earnings Releases
American Strategic Investment Co. reported the quarter and year ended December 31, 2023 results: revenue $15.4 million, net income Net loss attributable to common stockholders was $73.9 million or $32.27 per share, EPS $(0.65) per share.
“York City, announced today its financial and operating results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 and Subsequent Events • Revenue was $15.4 million • Net loss attributable to common stockholders was $73.9 million or $32.27 per share including a non-cash impairment on an office property • Adjusted EBITDA of $3.4 million •”
Michael LeSanto was appointed as Chief Financial Officer at American Strategic Investment Co..
“On February 2, 2024, the Board appointed Mr. Michael LeSanto, the Company’s Chief Accounting Officer, as the Chief Financial Officer (Principal Accounting Officer and Principal Financial Officer) and Treasurer of the Company”
Joseph Marnikovic retired as Chief Financial Officer and Treasurer at American Strategic Investment Co..
“On January 31, 2024, Joseph Marnikovic notified the board of directors (the “Board”) of American Strategic Investment Co. (the “Company”) that he intends to retire and therefore resign from his position as Chief Financial Officer and Treasurer of the Company”
Nicholas Radesca was appointed as Class I Director at American Strategic Investment Co..
“the Board appointed Mr. Nicholas Radesca to serve as a member of the Board, effective December 28, 2023, to fill the vacancy created by the resignation of Ms. Wenzel.”
Abby M. Wenzel resigned as Class I Director at American Strategic Investment Co..
“Ms. Abby M. Wenzel resigned as a Class I Director of the American Strategic Investment Co. (the “Company”), effective December 28, 2023.”
Earnings Releases
American Strategic Investment Co. reported the third quarter ended September 30, 2023 results: revenue $16.0 million, net income Net loss attributable to common stockholders improved to $9.4 million, EPS $(4.10).
“Revenue was $16.0 million compared to $15.9 million in the third quarter 2022 and $15.8 million in the second quarter of 2023”
Joseph Marnikovic was appointed as Chief Financial Officer at American Strategic Investment Co..
“Michael Anderson was appointed to serve as the Company’s chief executive officer and Joseph Marnikovic was appointed to serve as the Company’s chief financial officer.”
Michael Anderson was appointed as Chief Executive Officer at American Strategic Investment Co..
“Michael Anderson was appointed to serve as the Company’s chief executive officer and Joseph Marnikovic was appointed to serve as the Company’s chief financial officer.”
Christopher J. Masterson resigned as Chief Financial Officer and Secretary at American Strategic Investment Co..
“Effective upon the closing of the Merger on September 12, 2023, each of Messrs. Weil and Masterson resigned from their positions with the Company.”
Edward M. Weil, Jr. resigned as Chief Executive Officer, President and Secretary at American Strategic Investment Co..
“Effective upon the closing of the Merger on September 12, 2023, each of Messrs. Weil and Masterson resigned from their positions with the Company.”
Earnings Releases
American Strategic Investment Co. reported the second quarter ended June 30, 2023 results: revenue Revenue was $15.8 million, net income Net loss attributable to common stockholders improved to $10.9 million, EPS Net loss per common share (a) $ (4.77).
“New York City, announced today its financial and operating results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Event Highlights • Revenue was $15.8 million compare d to $16.2 million in the second quarter 2022 and $15.5 million in the first quarter 2023, as new leases began to commence • Net loss attributable to common stockholders”
Joseph Marnikovic was appointed as Chief Financial Officer at American Strategic Investment Co..
“Joseph Marnikovic to serve as the Company’s chief financial officer”
Michael Anderson was appointed as Chief Executive Officer at American Strategic Investment Co..
“appointed Michael Anderson to serve as the Company’s chief executive officer”
Christopher J. Masterson departed as Chief Financial Officer at American Strategic Investment Co..
“Edward M. Weil, Jr., American Strategic Investment Co.’s (the “Company”) chief executive officers, president and secretary and Christopher J. Masterson, the Company’s chief financial officer and secretary notified the Company’s board including the members of its nominating and corporate governance committee of their intent to resign their respective officer positions upon the closing of a merger”
Edward M. Weil, Jr. departed as Chief Executive Officer at American Strategic Investment Co..
“Edward M. Weil, Jr., American Strategic Investment Co.’s (the “Company”) chief executive officers, president and secretary and Christopher J. Masterson, the Company’s chief financial officer and secretary notified the Company’s board including the members of its nominating and corporate governance committee of their intent to resign their respective officer positions upon the closing of a merger”
Shareholder Votes
American Strategic Investment Co. shareholders approved Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-06-05 meeting.
“Proposal 2 - Ratification of the Appointment of PwC as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023: For Against Abstain Broker Non-Votes 1,595,686 69,772 12,359 *”
Shareholder Votes
American Strategic Investment Co. shareholders approved Election of Class III Directors at the 2023-06-05 meeting.
“Proposal 1 - Election of Class III Directors Nominee For Withhold Broker Non-Votes Louis P. DiPalma 1,007,531 82,089 588,197 Edward M. Weil, Jr. 1,008,035 81,585 588,197”
Christopher Masterson departed as Chief Financial Officer and Treasurer at American Strategic Investment Co..
“Mr. Masterson intends to resign from his role as Chief Financial Officer and Treasurer of the Company”
Edward M. Weil Jr. departed as Chief Executive Officer, President and Executive Chairman at American Strategic Investment Co..
“Mr. Weil intends to resign from his role as Executive Chairman, Chief Executive Officer, and President of the Company”
Earnings Releases
American Strategic Investment Co. reported first quarter ended March 31, 2023 results: revenue $15.5 million, net income $11.8 million, EPS $5.77.
“Revenue was $15.5 million compared to $15.6 million in the first quarter 2022 • Net loss attributable to common stockholders was $11.8 million, compared to $11.7 million in the first quarter 2022”
Earnings Releases
American Strategic Investment Co. reported year ended December 31, 2022 results: revenue $64.0 million, net income $45.9 million, EPS $26.59 per share.
“and received net proceeds of approximately $4.1 million through a rights offering subsequent to quarter end Full Year 2022 Highlights • Revenue was $64.0 million • Net loss attributable to common stockholders was $45.9 million or $26.59 per share • Adjusted EBITDA was $10.5 million • Portfolio occupancy of 82.7% as of December 31, 2022 with a weighted-average remaining lease term of 7.1 years • Over 58,200 square feet of new leasing and lease renewals completed • Portfolio debt is 100% fixed rate with no maturities through the end of 2023, 4.4% weighted-average interest rate and 4.1 years of weighted-average debt maturity • Conservative balance sheet with net leverage of 40.7% CEO Comments “The end of 2022 was the beginning of a major transformation to ensure the Company is best positioned to benefit from a more diversified set of income streams and cash flows over time, ultimately drivi”
Earnings Releases
American Strategic Investment Co. reported fourth quarter ended December 31, 2022 results: revenue $16.2 million, net income $10.1 million, EPS $5.48 per share.
“Revenue was $16.2 million compared to $24.2 million in the fourth quarter 2021, as the fourth quarter 2021 benefited from approximately $9 million in termination fees and accelerated amortization of the remaining unamortized balance of below-market lease liabilities recorded as revenue”
Earnings Releases
American Strategic Investment Co. reported fourth quarter and year ended December 31, 2022 results: revenue $16.2 million, net income $10.1 million, EPS $5.48 per share.
“share data has been retroactively adjusted to reflect the 1-for-8 reverse stock split which occurred on January 11, 2023. Fourth Quarter 2022 and Subsequent Events • Revenue was $16.2 million compared to $24.2 million in the fourth quarter 2021, as the fourth quarter 2021 benefited from approximately $9 million in termination fees and accelerated amortization of the”
Governance Changes
American Strategic Investment Co.: Company changed its name from 'New York City REIT, Inc.' to 'American Strategic Investment Co.' via Articles of Amendment filed with MSDAT (effective 2023-01-19).
“On January 18, 2023, the Company filed Articles of Amendment to its charter with the MSDAT in which the Company changed its name to “American Strategic Investment Co.” from “New York City REIT, Inc.” The name change became effective on January 19, 2023.”
Material Agreements
American Strategic Investment Co. amended Second Amendment to the Waiver Agreement with Bellevue Capital Partners, LLC and New York City Advisors, LLC (the “Advisor”) (effective 2023-01-23).
“In addition, on January 23, 2023, the Company entered into the Second Amendment to the Waiver Agreement, dated February 4, 2022 (as amended by the First Amendment, dated August 10, 2022) with Bellevue and New York City Advisors, LLC (the “Advisor”) (the “Waiver Agreement”).”
Material Agreements
American Strategic Investment Co. amended Rights Plan Waiver Agreement (effective 2023-01-23).
“On January 23, 2023, the Company entered into Amendment No. 3 to the Amended and Restated Rights Agreement, dated August 17, 2020 (as amended by Amendment No. 1, dated August 12, 2021, and Amendment No. 2, dated August 10, 2022, as amended the “Rights Agreement”) (the “ Rights Plan Waiver Agreement”).”
Material Agreements
American Strategic Investment Co. entered into Dealer Manager Agreement with B. Riley Securities, Inc. (effective 2023-01-23).
“On January 23, 2023, American Strategic Investment Co. (the “Company”) and New York City Operating Partnership, L.P. entered into a dealer manager agreement (the “Dealer Manager Agreement”) with B. Riley Securities, Inc. (“B. Riley”) pursuant to which B. Riley is acting as dealer manager for the Rights Offering”
Governance Changes
American Strategic Investment Co.: Decreased par value of Common Stock from $0.08 to $0.01 per share (effective 2023-01-11).
“the par value of the Common Stock to be decreased from $0.08 per share (as a result of the 1-for-8 Reverse Stock Split) back to $0.01 per share, effective at 5:01 p.m. Eastern Time on January 11, 2023 (the “Second Amendment”)”
Governance Changes
American Strategic Investment Co.: Implemented a 1-for-8 reverse stock split of the Company's Common Stock (effective 2023-01-11).
“(i) a 1-for-8 Reverse Stock Split of the Company’s Common Stock, effective at 5:00 p.m. Eastern Time on January 11, 2023 (the “First Amendment”)”
Louis P. DiPalma was appointed as Director at American Strategic Investment Co..
“On December 14, 2022, the board of directors of New York City REIT, Inc. (the “Company”) appointed Mr. Louis P. DiPalma to serve as a member of the board, effective December 14, 2022.”
Earnings Releases
American Strategic Investment Co. reported the quarter ended September 30, 2022 results: revenue $ 15,932, net income $ (11,074), EPS $ (0.80).
“Revenue from tenants $ 15,932 $ 15,848 Net loss attributable to common stockholders $ (11,074) $ (11,124) Net loss per common share (a) $ (0.80) $ (0.85)”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.