NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Revenue was $12.2 million compared to $15.8 million in the second quarter of 2024, primarily related to the sale of 9 Times Square in the prior year Net loss attri
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Are there any planned asset acquisitions, dispositions, or capital improvements that could offset the revenue decline?
What guidance is the company providing for revenue and earnings in the upcoming quarters?
What is the current occupancy rate across the portfolio and are there any anticipated lease renewals or vacancies?
How does this performance compare to other NYC-focused commercial real estate companies and REITs?
How does the company's leverage and debt maturity profile look after reporting the net loss?
How will the net loss impact the company's cash flow and capital allocation plans?
How will the reported results affect the stock's valuation metrics such as price-to-earnings and net asset value multiples?
What is the impact of the revenue shortfall on the company's dividend policy or share repurchase plans?
What is the status and expected timing of the 9 Times Square sale proceeds and how will they affect future earnings?
What is driving the decline in revenue compared to the same quarter last year?