New York REIT

New York REIT began as New York Recovery REIT, the public, non-traded investment offering dedicated to identifying and unlocking upside value in a commercial real estate market still recuperating from the economic strains of The Great Recession. Where many saw only crisis, the well-capitalized New York REIT team saw an opportunity to drive returns by investing in quality assets at or below replacement cost in order to generate regular, stable returns and provide their shareholders with longer-term capital appreciation opportunities. Today, New York REIT remains 100% invested in New York City as well as 100% committed to its goal of partnering with investors in order to take advantage of the extraordinary opportunity to create value through the ownership and management of that which makes the city so iconic – its commercial real estate.

Type
Public
HQ
New York, US
Founded
2009
New York REIT was founded in 2009 and is headquartered in New York, US

New York REIT Office Locations

New York REIT has office in New York
New York, US

New York REIT Metrics

New York REIT Summary

Market capitalization

$1.6 b

Closing share price

$9.6
New York REIT's current market capitalization is $1.6 b.

New York REIT Financials

New York REIT's revenue is $55.9 m in FY, 2013 which is a 64.1% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$55.9 m$155.6 m$174.5 m$160.3 m

Revenue growth, %

178.4%12.2%(8.2%)

Operating expense total

$67.3 m$227.5 m$195.4 m

EBIT

($13.4 m)($70.5 m)($22.8 m)

Net Income

($19.3 m)($94.3 m)($40.3 m)($83.9 m)

Operating cash flow

$228 m($210.9 m)$76.1 m

New York REIT Market Value History

New York REIT Online Presence

New York REIT Company Life

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