Net Assets in Liquidation will be approximately $25.09 after the $4.85 distribution paid on 5/18/18.
If the future cash flow projections and residual value estimates are realized, future liquidating distributions would range between $31.97 and $37.76 per share (after taking into account the upcoming distribution). The difference between the higher per share estimate of future value and the reported $25.09 per share estimate is derived from an increase ranging from $3.30 to $8.99 per share in the estimated future value of Worldwide Plaza, plus an additional $3.58 per share of net cash flow generated by holding Worldwide Plaza for an additional two and a half year hold period beyond what is recognized in the financial statements.
And NYRT is ex-dividend tomorrow.
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International