American Strategic Investment Co. (NYSE: NYC) control group updates ownership and structure
Rhea-AI Filing Summary
American Strategic Investment Co. received an updated Schedule 13D/A from a long-standing holder group reflecting revised ownership and group composition. Bellevue Capital Partners, LLC reports beneficial ownership of 1,794,087 shares of Class A common stock, representing 56.7% of the class. Nicholas S. Schorsch reports beneficial ownership of 1,820,646 shares, or 57.5%. Several related AR Global entities each report beneficial ownership of 1,004,467 shares, or 31.8%. Edward M. Weil, Jr. reports beneficial ownership of 300,109 shares, or 9.5%. The percentages are based on 3,163,632 shares outstanding as of July 9, 2026. On July 7, 2026, Bellevue Capital Partners, LLC distributed 300,000 shares to Mr. Weil as a distribution of partnership assets, and as of July 9, 2026 Mr. Weil ceased to be part of the reporting group.
Positive
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Insights
Control remains concentrated while one insider exits the reporting group.
The amendment details how a small set of related investors continues to hold a controlling stake in American Strategic Investment Co.. Bellevue Capital Partners and affiliates, along with Nicholas S. Schorsch, each report beneficial ownership in excess of 50% of the Class A common stock based on 3,163,632 shares outstanding as of July 9, 2026.
The filing also records a 300,000-share distribution from Bellevue Capital Partners, LLC to Edward M. Weil, Jr. on July 7, 2026, after which Mr. Weil beneficially owns 300,109 shares, or 9.5%. As of July 9, 2026, Mr. Weil is no longer part of the reporting group, which may slightly alter how coordinated ownership is formally characterized, while leaving overall insider concentration high.
Key Figures
Key Terms
beneficially owned financial
Schedule 13D regulatory
group regulatory
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