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Posted by / 07-Oct-2019 06:10

Llc liquidating distributions

The Company has no debt outstanding other than its pro-rata share of the non-recourse debt on Worldwide Plaza.To date, the Company has paid aggregate cash liquidating distributions of .51 per unit.Forward-Looking Statements" data-reactid="21"Forward-Looking Statements"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.The statements in this release state the Company's and management's hopes, intentions, beliefs, expectations or projections of the future and are forward-looking statements for which the Company claims the protections of the safe harbor for forward-looking statements under the Private Securities Litigation Reform Act of 1995.Regardless of the amount of cash you receive, your basis in the distributed property is never less than zero.If your basis is zero, this means the amount you eventually sell the property for is all taxable gain.

The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of [[

The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.

Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.

On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.

The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.

There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

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The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

]].71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of [[

The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.

Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.

On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.

The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.

There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

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The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

]].71 per unit to unitholders of record as of March 18, 2019.On May 6, 2019, the Company declared a cash liquidating distribution of [[

The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.

Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.

On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.

The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.

There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

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The Company has sold all its properties except for the remaining 50.1% interest in Worldwide Plaza.Distributions              On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019." data-reactid="19"Distributions On March 25, 2019, the Company paid a cash liquidating distribution of $0.71 per unit to unitholders of record as of March 18, 2019.On May 6, 2019, the Company declared a cash liquidating distribution of $0.10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

]].10 per unit to be paid on May 20, 2019 to unitholders of record as of May 13, 2019.The estimate of future liquidating distributions includes projections of revenues to be earned and costs and expenses to be incurred during the period required to complete the plan of liquidation.There is inherent uncertainty with these projections and, accordingly, the projections could change materially based on a number of factors both within and outside of the Company’s control including market conditions, the performance of the underlying property asset, the timing of sale and any changes in the underlying assumptions of projected cash flows.

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NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- New York REIT Liquidating LLC (the “Company” or the “LLC”), which was formed to complete the liquidation of the assets previously held by New York REIT, Inc., announced today it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019.

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