Exhibit 99.1
FOR IMMEDIATE RELEASE
New York REIT, Inc. Announces Common Stock Dividend for Fourth Quarter 2015
NEW YORK, September 25, 2015 –New York REIT, Inc.(“NYRT”) (NYSE: NYRT), announced today that, pursuant to the prior authorization of its board of directors, NYRT intends to continue payment of monthly distributions at an annualized rate of $0.46 per share or $0.115 per share on a quarterly basis. Distributions will be paid on a monthly basis to stockholders of record at the close of business on the eighth day of each month, payable on the 15th day of such month, in each case, unless such date is a non-business day. Accordingly, on October 15, 2015, November 13, 2015, and December 15, 2015, NYRT will pay a distribution of $0.038333333 per share to stockholders of record at the close of business on October 8, 2015, November 6, 2015, and December 8, 2015, respectively.
About NYRT
NYRT is a publicly traded real estate investment trust listed on the NYSE that acquires income-producing commercial real estate, including office and retail properties, 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.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as “will,” “should,” “may,” “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words. Actual results may differ materially from those contemplated by such forward-looking statements, including those set forth in the Risk Factors section of NYRT's Annual Report on Form 10-K filed on May 11, 2015. Further, forward-looking statements speak only as of the date they are made, and NYRT undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Contacts
Michael A. Happel CEO and President New York REIT, Inc. mhappel@nyrt.com (212) 415-6500 | Andrew G. Backman Managing Director Investor Relations / Public Relations abackman@nyrt.com (212) 415-6500 | Tim Cifelli President DDCworks tcifelli@ddcworks.com (484) 342-3600 |
