CLIPPER REALTY INC. (OTCMKTS:CLPPZ) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition
On March 30, 2017, Clipper Realty Inc. issued a press release
announcing its financial results for the fourth quarter and
fiscal year ended December 31, 2016. A copy of the press release
is furnished as Exhibit 99.1 to this Current Report on Form 8-K
and is incorporated herein by reference.
The information in this Form 8-K under Item 2.02 and Exhibit
99.1 attached hereto shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended
(the Exchange Act), or otherwise subject to the liabilities of
that section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific
referencing in such filing.
Item 9.01 Financial Statements and Exhibits
Press Release dated March 30, 2017, announcing financial
About CLIPPER REALTY INC. (OTCMKTS:CLPPZ)
Clipper Realty, Inc. is a real estate investment trust, which acquires, owns, manages, operates and repositions multi-family residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. The Company’s segments include Commercial and Residential. As of June 30, 2016, it owned two residential/retail rental properties at 50 Murray Street and 53 Park Place in the Tribeca neighborhood of Manhattan, referred to as the Tribeca House properties. As of June 30, 2016, it also owned a residential property complex in the East Flatbush neighborhood of Brooklyn consisting of 59 buildings, referred to as the Flatbush Gardens properties or complex. As of June 30, 2016, it owned two primarily commercial properties in Downtown Brooklyn (one of which included 36 residential apartment units), referred to as the 141 Livingston Street property and the 250 Livingston Street property, and also owned the Aspen property. CLIPPER REALTY INC. (OTCMKTS:CLPPZ) Recent Trading Information
CLIPPER REALTY INC. (OTCMKTS:CLPPZ) closed its last trading session at 0.0000 with shares trading hands.