New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it has executed one new lease and three lease renewals in its pure-play New York City portfolio. A new, 4,700 square foot lease with a five-year term was signed at 9 Times Square, replacing former Knotel space. In addition, NYC executed three long-term renewals: two fifteen-year leases with entities controlled by City Parking for the parking garages the Company owns at 200 Riverside and 400 East 67th Street and one 10-year1 lease renewal with the Government Services Administration (“GSA”), a 48,000 square foot lease at 123 William Street. The GSA and parking garage leases commence on or before July 1, 2022, and the lease at 9 Times Square is expected to commence on August 1, 2022.
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