Name | Value |
---|---|
Revenues | 15.4M |
Cost of Revenue | 16.5M |
Gross Profit | -1.1M |
Operating Expense | 2.0M |
Operating I/L | -3.1M |
Other Income/Expense | -4.7M |
Interest Income | 0.0M |
Pretax | -73.9M |
Income Tax Expense | 1.5M |
Net Income/Loss | -73.9M |
New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust specializing in high-quality commercial real estate within New York City. The company generates revenue through the ownership and management of its portfolio of properties, which includes office buildings, retail spaces, and other commercial real estate assets. By leasing these properties to tenants, NYC REIT earns rental income, and through strategic property acquisitions and management, the company aims to maximize the value of its real estate assets for its shareholders.