Bellevue Capital boosts American Strategic Investment (NYSE: NYC) stake
Rhea-AI Filing Summary
American Strategic Investment Co. reported insider activity involving entities affiliated with Nicholas S. Schorsch. Bellevue Capital Partners, LLC and related reporting persons disclosed open-market purchases of Class A common stock on January 7, 8, 9 and 12, 2026, in small blocks of 968 to 1,224 shares at weighted average prices of $8.45, $9.34, $9.24 and $9.25 per share.
According to the filing, these transactions represent shares directly owned by Bellevue Capital Partners, LLC, for which Schorsch is the sole managing member with voting and investment discretion. Following the latest purchase, indirect holdings through Bellevue Capital Partners total 1,056,936 Class A shares, and a separate block of 26,559 shares is owned solely by Schorsch. The reporting persons note they may be deemed part of a Section 13(d) group holding more than 10% of the company’s common stock and expressly disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 1,224 | $9.25 | $11K |
| Purchase | Class A common stock | 968 | $9.24 | $9K |
| Purchase | Class A common stock | 968 | $9.34 | $9K |
| Purchase | Class A common stock | 968 | $8.45 | $8K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.34-$8.50, 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.
- F3. 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.
- F4. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $9.00-$9.46, 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.
- F5. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $9.09-$9.30, 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.
- F6. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $9.24-$9.25, 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.
- F7. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.
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FAQ
What insider transactions were reported for NYC (American Strategic Investment Co.)?
The filing reports multiple open-market purchases of Class A common stock on January 7, 8, 9 and 12, 2026, in blocks of 968 to 1,224 shares at weighted average prices between $8.45 and $9.25 per share.
Why are the reporting persons filing as more than 10% owners of NYC?
The reporting persons state they are filing because they may be deemed members of a Section 13(d) group that collectively beneficially owns more than 10% of American Strategic Investment Co.’s outstanding common stock, while expressly disclaiming beneficial ownership of other group members’ securities beyond their pecuniary interest.
What do the weighted average prices mean in this NYC insider filing?
Each reported transaction price is a weighted average of multiple trades executed that day within disclosed ranges, such as $8.34–$8.50 or $9.24–$9.25. The reporting persons undertake to provide full trade-by-trade price details upon request.