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Recent Updates — NYC

August 12, 2026View Source ↗

American Strategic Investment Co. reported second quarter 2026 results showing revenue of $7.3 million and a net loss attributable to common stockholders of $8.3 million, compared to $12.2 million in revenue and a $41.7 million net loss in the prior year period. Cash NOI was $3.1 million and Adjusted EBITDA improved to $2.4 million from $0.4 million. The company issued shares of Class A common stock in lieu of approximately $4.0 million in advisory fees during April and June 2026 to preserve operating capital. Additionally, the NYSE notified the Company on July 22, 2026, that it is back in compliance with minimum market capitalization and stockholders' equity listing requirements. American Strategic Investment Co. owns a portfolio of commercial real estate located within the five boroughs of New York City.

July 24, 2026View Source ↗

American Strategic Investment Co. received a notification from the New York Stock Exchange (NYSE) on July 22, 2026, confirming that the company has regained compliance with the NYSE's quantitative continued listing standard under Section 802.01B of the NYSE Listed Company Manual. This compliance is due to the company's achievement of the minimum market capitalization and stockholders' equity requirements. The company will be removed from the list of NYSE noncompliant issuers. American Strategic Investment Co. operates in the investment management industry and provides strategic investment services.

July 13, 2026View Source ↗

Edward M. Weil, Jr. resigned as a Class III director and Chairman of the Board effective July 9, 2026, citing personal reasons. Nicholas S. Schorsch, Jr., the current Chief Executive Officer, was appointed to fill the vacancy as a Class III director and Chairman of the Board on July 10, 2026. American Strategic Investment Co. is a real-estate and financial services investment company.