Schorsch group boosts NYC (NYSE: NYC) stake with 1,664-share purchase
Rhea-AI Filing Summary
American Strategic Investment Co. insider entities associated with Nicholas S. Schorsch reported a small open‑market purchase of 1,664 shares of Class A common stock on January 30, 2026 at a weighted‑average price of $11.58 per share.
The filing shows 1,070,620 shares of Class A common stock held indirectly and 520,666 shares held of record by an advisor entity ultimately controlled through a chain that includes Bellevue Capital Partners, LLC. Schorsch also directly owns 26,559 shares. The reporting persons state they may be part of a group that collectively owns more than 10% of the outstanding common stock and expressly disclaim beneficial ownership beyond their pecuniary interest.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 1,664 | $11.58 | $19K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the ultimate controlling person of the Advisor, and has voting and investment discretion with respect to the securities held of record by the Advisor. BCP is the sole member of AR Global Investments, LLC, who is the sole member of American Realty Capital III, LLC ("ARC III"). ARC III is the sole member of New York City Special Limited Partnership, LLC, who is the sole member of the Advisor, the record holder of the securities reported herein. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.15-$11.73, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents shares of Class A common stock directly owned by BCP. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.
FAQ
What insider transaction did NYC American Strategic Investment Co. report?
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Why are multiple entities listed as reporting persons for NYC on this Form 4?
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