Llc liquidating distributions
The Company does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
If your basis is zero, this means the amount you eventually sell the property for is all taxable gain.
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.
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.
All per share amounts have been restated to reflect the effect of the 1-for-10 reverse stock split which was completed on March 15, 2018.