New York REIT, Inc. [Closed] | REIT Profile

Symbol: NYRT
CIK: 1474464
Exchange: NYSE
Founded: 2009
HQ: Boston, MA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Office, Retail

NYRT was a publicly traded real estate investment trust listed on the NYSE that owned income-producing commercial real estate, including office and retail properties, located in New York City. ******* On Nov. 7, 2018 New York REIT, Inc. announced today the completion of the previously announced conversion to New York REIT Liquidating LLC (the "LLC") pursuant to the previously announced plan of liquidation. The conversion to the LLC became effective at 5:00 p.m. Eastern on November 7, 2018. As previously reported, November 2, 2018 was the last day of trading of the Company's common stock, par value $0.01 per share, ("Common Stock") on the New York Stock Exchange (the "NYSE") and the Company's stock transfer books were closed as of 4:00 p.m. Eastern on such date. At the effective time of the conversion, holders of the Company's Common Stock automatically received one unit of membership interest in the LLC (in book entry form) ("Unit") for each share of the Company's Common Stock held by such holder. As previously disclosed, Units in the LLC will not be listed on the NYSE, or any other exchange, and will not be transferable except by will, intestate succession or operations of law. This restriction on transfer will not prohibit the transfer of Units held, as shares of Common Stock were held, by nominees or brokers to the beneficial holders of those Units.*******