What is the current occupancy rate across the portfolio and are there any anticipated lease renewals or vacancies? | NYC (Aug 08, 2025) | Candlesense
NYC

What is the current occupancy rate across the portfolio and are there any anticipated lease renewals or vacancies?

Answer

The news release you provided does not include any details about the current occupancy rate of American Strategic Investment Co.’s (ASIC’s) real‑estate portfolio, nor does it mention any anticipated lease renewals or upcoming vacancies. The excerpt you shared focuses on revenue figures, a comparison to the prior year, and the impact of the sale of 9 Times Square, but it does not contain operational metrics such as occupancy or lease activity.

If you need that information, you may want to:

  1. Check the full earnings press release – the complete document (often available on the company’s investor‑relations website or the full Business Wire article) typically includes a “Portfolio Overview” or “Operating Highlights” section that reports occupancy percentages and lease renewal activity.
  2. Review the company’s Form 10‑Q for the quarter ended June 30 2025 – SEC filings must disclose occupancy rates and any material lease renewals or terminations.
  3. Contact the Investor Relations team at ASIC – they can provide up‑to‑date occupancy statistics and a schedule of lease expirations/renewals if it isn’t already disclosed publicly.

Until the full release or an SEC filing is reviewed, we cannot confirm the current occupancy rate or any expected lease renewals/vacancies.

Other Questions About This News

What guidance is the company providing for revenue and earnings in the upcoming quarters? 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? Are there any planned asset acquisitions, dispositions, or capital improvements that could offset the revenue decline?