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home / news releases / NYC - New York City REIT Core FFO of -$0.14 beats by $0.07 revenue of $15.9M misses by $0.11M

NYC - New York City REIT Core FFO of -$0.14 beats by $0.07 revenue of $15.9M misses by $0.11M

New York City REIT Inc. Class A
  • New York City REIT press release ( NYSE: NYC ): Q3 Core FFO of -$0.14 beats by $0.07; FFO of -$0.30
  • Revenue of $15.9M (+0.6% Y/Y) misses by $0.11M .
  • Portfolio occupancy of 85% as of September 30, 2022, with weighted-average lease term of 7.3 years.
  • Cash net operating income increased $0.5M to $6.2M from $5.7M in prior year third quarter.
  • Collected 99% of original cash rent due in third quarter 2022, up from 92% in third quarter 2021.

For further details see:

New York City REIT Core FFO of -$0.14 beats by $0.07, revenue of $15.9M misses by $0.11M
Stock Information
Company Name: New York City REIT Inc. Class A
Stock Symbol: NYC
Market: NYSE
Website: newyorkcityreit.com
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