New York REIT, Inc. (NYSE:NYRT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On May 17, 2017, James Nelson notified the Board of Directors (the “Board”) of New York REIT, Inc. ("NYRT") that he will not stand for re-election to the Board at NYRT’s 2017 Annual Meeting of Shareholders. Mr. Nelson has advised NYRT that his decision not to stand for re-election was not the result of any dispute or disagreement with NYRT.
Randolph C. Read, Non-Executive Chairman of the Board, commented, “The NYRT Board has benefited greatly from Jim’s extensive experience and insightful counsel. On behalf of the Board and management team, I want to express our gratitude to Jim for his service to NYRT, and wish him the best in his future endeavors.” Wendy Silverstein, Chief Executive Officer and President of NYRT, said, “Since my appointment to the NYRT Board in February, I have valued Jim’s judgment, advice and commitment.”
About New York REIT, Inc. (NYSE:NYRT)
New York REIT, Inc. is a real estate investment trust. The Company focuses on acquiring and owning office and retail properties in Manhattan. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. The Company owns approximately 20 properties in New York City, which aggregate approximately 3.4 million rentable square feet. The Company holds interests in properties of various types, such as office, retail, hotel, parking and storage. The Company’s properties include Design Center, 416 Washington Street, 50 Varick Street, 1440 Broadway, One Worldwide Plaza, 256 West 38th Street, 229 West 36th Street, 333 West 34th Street, 367-387 Bleecker Street, 33 West 56th Street (garage), 350 West 42nd Street, Foot Locker, Duane Reade and 1100 Kings Highway. New York REIT, Inc. (NYSE:NYRT) Recent Trading Information
New York REIT, Inc. (NYSE:NYRT) closed its last trading session up +0.02 at 8.68 with 1,875,245 shares trading hands.