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): June 23, 2009
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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 1.01. Entry into a Material Definitive Agreement.
On June 23, 2009, Presidential Realty Corporation (the "Company")
entered into an Employment Agreement as of January 1, 2009, with Elizabeth
Delgado. Elizabeth Delgado is the Treasurer and Secretary of the Company.
The Employment Agreement was negotiated and approved by the members of
the Compensation Committee of the Board of Directors of the Company, all of
which Directors are Independent Directors pursuant to the rules of the New York
Stock Exchange.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Employment Agreement dated as of January 1, 2009 between
Presidential Realty Corporation and Elizabeth Delgado.
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: June 24, 2009 PRESIDENTIAL REALTY CORPORATION
By: /s/ Jeffrey F. Joseph
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Jeffrey F. Joseph
President