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New York REIT, Inc. Stock Quote & Summary Data

NYRT 
$10.34
*  
0.06
0.58%
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*Delayed - data as of Oct. 1, 2014  -  Find a broker to begin trading NYRT now
Exchange: NYSE
Industry: Consumer Services
Community Rating:
 
 
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Company Description (as filed with the SEC)

We were incorporated on October 6, 2009 as a Maryland corporation, and qualified as a REIT for federal income tax purposes beginning with the taxable year ended December 31, 2010. On September 2, 2010, we commenced our IPO on a “reasonable best efforts” basis of up to 150.0 million shares of common stock at a price of $10.00 per share, subject to certain volume and other discounts, pursuant to our Registration Statement on Form S-11 (File No. 333-163069) (the “Registration Statement”) filed with the Securities and Exchange Commission ("SEC") under the Securities Act of 1933, as amended (the “Securities Act”). Our Registration Statement also covers up to 25.0 million shares available pursuant to a distribution reinvestment plan (the “DRIP”) under which our common stockholders may elect to have their distributions reinvested in additional shares of our common stock at the greater of $9.50 per share or 95% of the estimated value of a share of common stock.  ... More ...  

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