Comrit Investments Issues Letter to New York City REIT Stockholders Regarding the Board's Conflicts and Governance Lapses
American Strategic Investment Co. Class A (NYC)
Company Research
Source: Business Wire
Outlines the Board's Lack of Independence and Concerning Ties to AR Global, NYC REIT's Ultimate Advisor, and Its AffiliatesHighlights How the Board Has Historically Prioritized the Interests of Management and AR Global Over StockholdersReminds Stockholders Leading Independent Proxy Advisory Firm ISS Recommends Investors Vote the WHITE Proxy Card to Elect Comrit's Independent Director Candidate, Sharon Stern NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Comrit Investments 1, LP (together with its affiliates, “Comrit” or “we”), a long-term stockholder of New York City REIT, Inc. (NYSE: NYC) (“NYC REIT” or the “Company”), today sent a letter to fellow stockholders regarding the urgent need for boardroom change at NYC REIT.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220517005959/en/Yesterday, Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, recommended stockholders vote on the WH
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