UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 4, 2007
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Presidential Realty Corporation
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(Exact name of registrant as specified in its charter)
DELAWARE 1-8594 13-1954619
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
180 South Broadway, White Plains, New York 10605
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (914) 948-1300
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No change since last Report
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17CFR230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17CFR240.13e-4(c))
ITEM 8.01 Other Events
On April 4, 2007, Presidential Realty Corporation ("Presidential") purchased
10,000 shares of its Class B Common Stock at $7.00 per share from Robert E.
Shapiro, the Chairman of the Board of Directors of Presidential. The closing
price of Presidential's Class B Common Shares on the American Stock Exchange on
April 4, 2007, was $7.72.
Presidential has from time to time purchased shares of its stock from individual
shareholders who have approached Presidential. Since January 1, 2007,
Presidential has, in addition to the shares purchased from Mr. Shapiro,
purchased a total of 774 shares of Class A Common Stock and 11,528 shares of
Class B Common Stock in private transactions at prices ranging from $7.47 per
share to $8.07 per share. Presidential has no specific plan or program to
repurchase shares but it may do so in the future.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: April 9, 2007 PRESIDENTIAL REALTY CORPORATION
By:/s/ Jeffrey F. Joseph
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Jeffrey F. Joseph
President