0000950142-23-002799.txt : 20231116 0000950142-23-002799.hdr.sgml : 20231116 20231116201101 ACCESSION NUMBER: 0000950142-23-002799 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231114 FILED AS OF DATE: 20231116 DATE AS OF CHANGE: 20231116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHORSCH NICHOLAS S CENTRAL INDEX KEY: 0001248577 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416148 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: New York City Special Ltd. Partnership, LLC CENTRAL INDEX KEY: 0001920245 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416144 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bellevue Capital Partners, LLC CENTRAL INDEX KEY: 0001907225 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416147 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: American Realty Capital III, LLC CENTRAL INDEX KEY: 0001920248 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416145 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: New York City Advisors, LLC CENTRAL INDEX KEY: 0001920246 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416143 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: AR Global Investments, LLC CENTRAL INDEX KEY: 0001920247 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39448 FILM NUMBER: 231416146 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 212-415-6500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: American Strategic Investment Co. CENTRAL INDEX KEY: 0001595527 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 464380248 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 2124156500 MAIL ADDRESS: STREET 1: 222 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 FORMER COMPANY: FORMER CONFORMED NAME: New York City REIT, Inc. DATE OF NAME CHANGE: 20190313 FORMER COMPANY: FORMER CONFORMED NAME: American Realty Capital New York City REIT, Inc. DATE OF NAME CHANGE: 20140226 FORMER COMPANY: FORMER CONFORMED NAME: American Realty Captal New York City REIT, Inc. DATE OF NAME CHANGE: 20131230 4 1 es230422193_4-arnyc.xml OWNERSHIP DOCUMENT X0508 4 2023-11-14 0 0001595527 American Strategic Investment Co. NYC 0001248577 SCHORSCH NICHOLAS S C/O BELLEVUE CAPITAL PARTNERS, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0001907225 Bellevue Capital Partners, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0001920247 AR Global Investments, LLC C/O BELLEVUE CAPITAL PARTNERS, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0001920248 American Realty Capital III, LLC C/O BELLEVUE CAPITAL PARTNERS, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0001920245 New York City Special Ltd. Partnership, LLC C/O BELLEVUE CAPITAL PARTNERS, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0001920246 New York City Advisors, LLC C/O BELLEVUE CAPITAL PARTNERS, LLC 222 BELLEVUE AVENUE NEWPORT RI 02840 0 0 1 0 0 Class A common stock 275351 I See footnote Class A common stock 2023-11-14 4 P 0 1536 7.76 A 1054938 I See footnote Class A common stock 2023-11-15 4 P 0 1536 8.01 A 1056474 I See footnote Class A common stock 2023-11-16 4 P 0 1539 8.31 A 1058010 I See footnote Class A common stock 26559 D Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the ultimate controlling person of New York City Advisors, LLC, and has voting and investment discretion with respect to the securities held of record by New York City Advisors, LLC. BCP is the sole member of AR Global Investments, LLC, who is the sole member of American Realty Capital III, LLC ("ARC III"). ARC III is the sole member of New York City Special Limited Partnership, LLC, who is the sole member of New York City Advisors, LLC, the record holder of the securities reported herein. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $7.36 to $8.05, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents shares of Class A common stock directly owned by BCP. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. The number of shares of Class A common stock directly owned by BCP prior to the completion of the transactions reported by this Form 4 was 1,053,402, not 1,080,814 as reported previously due to an inadvertent error. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $7.88 to $8.18, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.25 to $8.44, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch. Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer. // The Reporting Persons are filing this Form 4 because they may be deemed to be members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock. The Reporting Persons expressly disclaim beneficial ownership of the securities beneficially owned by the other group members. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. /s/ See signatures attached as Exhibit 99.1 2023-11-16 EX-99.1 2 es230422193_ex9901.htm EXHIBIT 99.1

 

EXHIBIT 99.1

 

This Statement on Form 4 is filed jointly by the Reporting Persons listed below. The principal business address of each of these Reporting Persons can be found on the Form 4 filed herewith.

 

Name of Designated Filer: Nicholas S. Schorsch

 

Date of Event Requiring Statement: November 14, 2023

 

Issuer Name and Ticker or Trading Symbol: American Strategic Investment Co. [NYC]

 

  NICHOLAS S. SCHORSCH  
     
  By:  /s/ Michael R. Anderson  
    Name: Michael R. Anderson, as Attorney-in-Fact  

 

  BELLEVUE CAPITAL PARTNERS, LLC  
       
  By:  /s/ Michael R. Anderson  
   

Name: Michael R. Anderson

Title: General Counsel

  

 

  AR GLOBAL INVESTMENTS, LLC  
     
  By:  /s/ Michael R. Anderson  
   

Name: Michael R. Anderson

Title: General Counsel

  

 

  AMERICAN REALTY CAPITAL III, LLC  
     
  By: AR GLOBAL INVESTMENTS, LLC, its sole member  
       
  By:  /s/ Michael R. Anderson  
   

Name: Michael R. Anderson

Title: General Counsel

  

 

  NEW YORK CITY SPECIAL LIMITED PARTNERSHIP, LLC  
     
  By: AMERICAN REALTY CAPITAL III, LLC, its sole member  
       
  By: AR GLOBAL INVESTMENTS, LLC, its sole member  
       
  By:  /s/ Michael R. Anderson  
   

Name: Michael R. Anderson

Title: General Counsel

  

 

  NEW YORK CITY ADVISORS, LLC  
       
  By: NEW YORK CITY SPECIAL LIMITED PARTNERSHIP, LLC its sole member  
       
  By: AMERICAN REALTY CAPITAL III, LLC, its sole member  
       
  By: AR GLOBAL INVESTMENTS, LLC, its sole member  
       
  By:  /s/ Michael R. Anderson  
    Name: Michael R. Anderson  
    Title: General Counsel