{"id":848672,"date":"2023-01-04T06:05:04","date_gmt":"2023-01-04T05:05:04","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/nyc-announces-business-strategy-change-and-plan-to-declare-a-common-stock-reverse-stock-split\/"},"modified":"2023-01-04T06:05:04","modified_gmt":"2023-01-04T05:05:04","slug":"nyc-announces-business-strategy-change-and-plan-to-declare-a-common-stock-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/nyc-announces-business-strategy-change-and-plan-to-declare-a-common-stock-reverse-stock-split\/","title":{"rendered":"NYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split"},"content":{"rendered":"- Strategic change includes expanding the nature and type of assets owned and operated -\n- Expects to benefit from portfolio diversification and new revenue opportunities -\n- Expects to generate greater growth and profitability by evolving business strategy -\n\nNEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (\u201cNYC\u201d or the \u201cCompany\u201d) announced today that it intends to expand the scope of the assets and businesses the Company may own and operate. By investing in other asset types, the Company may generate income that does not otherwise constitute income that qualifies for purposes of qualifying as a Real Estate Investment Trust or (\u201cREIT\u201d). As a result, the Company expects to change its REIT election and become a ta
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– Strategic change includes expanding the nature and type of assets owned and operated – – Expects to benefit from portfolio diversification and new revenue opportunities – – Expects to generate greater growth and profitability by evolving business strategy – NEW YORK–(BUSINESS WIRE)–New York City REIT, Inc. (NYSE: NYC) (\u201cNYC\u201d or the \u201cCompany\u201d) announced today […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-848672","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nNYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/nyc-announces-business-strategy-change-and-plan-to-declare-a-common-stock-reverse-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split - BeBeez\" \/>\n<meta property=\"og:description\" content=\"- Strategic change includes expanding the nature and type of assets owned and operated - - Expects to benefit from portfolio diversification and new revenue opportunities - - Expects to generate greater growth and profitability by evolving business strategy - NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. 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