NEW YORK–(COMMERCIAL THREAD) – New York City REIT, Inc. (NYSE: NYC) is pleased to announce that its property located at 123 William Street in New York, NY has been named Building of the Year in the Office Buildings category. 500,000 – 1,000,000 square feet operated by the Building Owners and Managers Association of New York (“BOMA New York”). 123 William Street is a 545,000 square foot office building in downtown Manhattan. The main tenants are government, financial and non-profit organizations.
“We are honored to be recognized by our peers for the superior operation and management of 123 William Street and we appreciate this significant recognition of the efforts of our team, ”said Michael Weil, General Manager of NYC. “The significant improvements we have made to the building and its systems demonstrate our commitment to our tenants, neighbors and investors. This award is a testament to the strong focus of the New York asset management team, led by Chris Chao, and the exceptional work of our CBRE property management team. Together, their dedication continues to produce exceptional results.
The annual BOMA New York Pinnacle Awards are presented to major New York buildings, individuals and charities. The winners are determined by a peer review system. All local winners are automatically entered into the National TOBY (The Outstanding Building of the Year) competition – first at the regional level, then at the North American level, including all of the United States and Canada
About New York City REIT, Inc.
New York City REIT, Inc. is a publicly traded REIT with a portfolio of high quality commercial real estate located in the five boroughs of New York City. Additional information about NYC can be found on its website at www.newyorkcityreit.com.
Statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve substantial risks and uncertainties which could lead to materially different results. In addition, words such as “may”, “will”, “research”, “anticipates”, “believes”, “estimates”, “expects”, “plans”, “intends”, “Would” or similar expressions indicate a forward-looking statement, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those contemplated by such forward-looking statements, including those set forth in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations ”of NYC’s most recent Annual Report on Form 10-K and NYC’s most recent Form 10-Q, as these risk factors may be out of date. from time to time in subsequent reports. In addition, forward-looking statements speak only as of the date on which they are made, and NYC makes no commitment to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unforeseen events or changes in future operating results over time, unless required by law.