Welcome to our dedicated page for American Strategic Investment Co. SEC filings (Ticker: NYC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
American Strategic Investment Co.'s SEC filings document a Maryland corporation that owns New York City commercial real estate through a public-company structure with Class A common stock listed on the NYSE. Its current reports furnish earnings releases, supplemental financial information, investor presentations, conference-call materials, and Regulation FD disclosures tied to portfolio performance.
The filing record also covers capital structure, unregistered equity issuances, preferred stock purchase rights, and advisory arrangements with New York City Advisors, LLC and New York City Operating Partnership, L.P. Proxy materials disclose annual meeting proposals, director elections, voting procedures, and governance matters, while Form 12b-25 notices describe annual-report timing and financial-reporting processes.
A holder of NYC common stock has given Form 144 notice of a proposed sale of 7,500 shares, with an aggregate market value of $67,500, on or after 08/11/2026 through Merrill Lynch on the NYSE. The issuer reports 2,919,885 common shares outstanding. The notice also lists prior acquisitions, including 300,000 common shares received as compensation on 07/09/2026.
American Strategic Investment Co. reported a net loss of $8.3 million for the quarter and $16.1 million for the first half of 2026, substantially narrower than the prior-year losses, on tenant revenue of $14.7 million versus $24.5 million a year earlier. Operating cash flow for the first half was modestly positive at $0.2 million.
Total assets were $444.8 million and mortgage debt principal was $251.0 million, with stockholders’ equity of $52.9 million. The company recorded a $4.5 million gain related to the consensual foreclosure of 1140 Avenue of the Americas and carries a $113.2 million contract asset tied to debt extinguishment on that property.
Management disclosed that recurring losses, limited cash (unrestricted $2.4 million at June 30, 2026), current liabilities exceeding current assets, and loan defaults and accelerations, including a $140.0 million non‑recourse mortgage on 123 William Street maturing in March 2027, raise substantial doubt about the company’s ability to continue as a going concern. Several mortgages are in default or subject to cash sweep or foreclosure processes. On July 22, 2026, the NYSE notified the company that it had regained compliance with the exchange’s minimum market capitalization and equity requirements.
American Strategic Investment Co. reported second quarter 2026 revenue of $7.3 million, down from $12.2 million a year earlier, mainly due to the prior-year sale of 1140 Avenue of the Americas. Net loss attributable to common stockholders narrowed to $8.3 million from $41.7 million.
Adjusted EBITDA increased to $2.4 million from $0.4 million, and Cash NOI was $3.1 million. The portfolio comprised five properties totaling 0.7 million square feet, 74.8% leased, with a weighted-average remaining lease term of 6.1 years. About 69% of annualized straight-line rent from the top 10 tenants comes from investment grade or implied investment grade tenants.
As of June 30, 2026, the company had $2.4 million of cash and cash equivalents, net debt of $248.6 million, and net debt to gross asset value of 59.6%. Interest coverage was 0.4x. On July 22, 2026, the NYSE notified the company it was back in compliance with its minimum market capitalization and stockholders’ equity listing requirements.
American Strategic Investment Co. states that it will release financial results for the second quarter ended June 30, 2026 on August 12, 2026, before the New York Stock Exchange opens, and it will not host a webcast or conference call.
The company owns a portfolio of commercial real estate. It highlights forward-looking statements covering the anticipated benefits of its election to terminate real estate investment trust status, its ability to acquire new assets or businesses, impacts from geopolitical conflicts, inflation and higher interest rates, tariff-related economic uncertainty, and potential acquisitions or dispositions. These statements also address its ability to return to compliance with New York Stock Exchange continued listing standards and the risk that it may not regain compliance and its common stock could be delisted, as further discussed in its Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent SEC reports.
American Strategic Investment Co. reported that, on July 22, 2026, it received notice from the New York Stock Exchange that it has regained compliance with the NYSE’s quantitative continued listing standard. The company is now in compliance with the NYSE’s minimum market capitalization and stockholders’ equity requirements under Section 802.01B of the NYSE Listed Company Manual.
The company will be subject to normal continued listing monitoring going forward. For 12 months from the notification date, if it again falls below any continued listing standard, the NYSE may review the reasons and, depending on circumstances, truncate standard compliance procedures or initiate trading suspension procedures. The NYSE’s below compliance indicator “.BC” will no longer be disseminated, and the company will be removed from the NYSE’s list of noncompliant issuers.
Edward M. Weil, Jr. reports beneficial ownership of 300,109 shares of American Strategic Investment Co. Class A common stock, representing 9.49% of the class, based on 3,163,632 shares outstanding as of July 8, 2026.
Weil has sole voting power over 109 shares and no shared voting power. He has sole dispositive power over all 300,109 shares and no shared dispositive power. For 300,000 shares subject to a voting agreement, he has granted an irrevocable proxy giving Bellevue Capital Partners, LLC sole discretion to vote those shares while retaining full dispositive power.
American Strategic Investment Co. reported a board leadership change. On July 9, 2026, Edward M. Weil, Jr., a Class III director and Chairman of the Board, resigned for personal reasons, which he indicated were not due to any disagreement regarding the company’s operations, policies or practices.
On July 10, 2026, the board appointed Nicholas S. Schorsch, Jr., age 41, as a Class III director and Chairman to fill the vacancy, with a term running until the 2029 annual meeting of stockholders. Schorsch, Jr. has more than a decade of experience in real estate, financial services, capital markets and M&A, including helping source over $1 billion in real-estate acquisitions, serving on the investment committee of a corporate credit fund with $2.6 billion in assets under management, managing a team that raised over $10 billion in retail equity, and contributing to an integrated platform serving 2.5 million accounts with almost $225 billion in assets under management. The board notes there are no family relationships between him and any director or executive officer and no transactions requiring disclosure under Item 404(a) of Regulation S-K, other than any interest he may have as Chief Operating Officer of AR Global, the parent of the advisor, and as the son of Nicholas S. Schorsch.
American Strategic Investment Co. director Edward M. Weil Jr. reported an internal equity reallocation. On July 7, 2026, Bellevue Capital Partners, LLC distributed 300,000 shares of Class A Common Stock to Mr. Weil as a distribution of partnership assets. Following this non-market transaction, he directly holds 300,109 shares of Class A Common Stock.
American Strategic Investment Co. reported an internal equity restructuring involving entities controlled by Nicholas S. Schorsch, a ten percent beneficial owner. On July 7, 2026, Bellevue Capital Partners, LLC (BCP) distributed 300,000 shares of Class A common stock to Edward M. Weil as a distribution of partnership assets. Following these changes, BCP held 789,620 shares indirectly, while Schorsch also reported 26,559 shares held directly and additional indirect holdings of 1,004,467 shares through affiliated entities, over which he has voting and investment discretion.
American Strategic Investment Co. reported amended insider ownership for entities associated with ten percent owner Nicholas S. Schorsch. On June 30, 2026, these entities completed an open-market purchase of 8,000 shares of Class A common stock at a weighted average price of $9.53 per share, held indirectly. Following the transactions, reported indirect holdings increased to 1,089,620 shares and one line item shows 26,559 shares held directly by Bellevue Capital Partners, LLC. The amendment also corrects the previously reported balance of shares owned by the advisor entity.