New York REIT Liquidating LLC fka NYRT

[Enterprising Investor]

New York REIT Announces Stockholder Approval Of Plan Of Liquidation (1/03/17)

NEW YORK, Jan. 3, 2017 /PRNewswire/ -- New York REIT, Inc. ("NYRT" or the "Company") (NYSE: NYRT), announced that, at the Company's special meeting of stockholders held today, that over 99 percent of  the shares of NYRT common stock  that voted on the proposal to approve the Plan of Liquidation and Dissolution of the Company (the "Plan of Liquidation" or the "Plan") voted in favor of the proposal, with more than a majority of the outstanding shares approving, and therefore, the Plan was approved. 

"We are pleased with the outcome of today's vote, and I would like to thank all of NYRT's stockholders for their support throughout this process," said Randolph C. Read, Chairman of the Board of Directors of NYRT (the "Board"). "We look forward to executing the plan of liquidation with the goal of maximizing value for all stockholders expeditiously." 

The Company also noted that, at its annual meeting of stockholders held on December 30, 2016, all nine existing directors were reelected to the Board.  

About NYRT

NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. Additional information about NYRT can be found on its website at www.nyrt.com. NYRT may disseminate important information regarding it and its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

http://www.prnewswire.com/news-releases/new-york-reit-announces-stockholder-approval-of-plan-of-liquidation-300385162.html