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Filing Details

Accession Number:: 0001144204-15-033571
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-05-27 06:03:46
Reporting Period:: 2015-04-15

Filing Date:: 2015-05-27
Accepted Time:: 2015-05-27 06:03:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1474464	New York Reit Inc.	NYRT	Real Estate Investment Trusts (6798)	271065431

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1548254	A. Michael Happel	405 Park Ave., 14Th Floor New York NY 10022	Ceo & President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-05-22	23,000	$9.04	43,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Operating Partnership Units	Acquisiton	2014-04-15	237,733	$0.00	237,733	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
237,733			No	4	J	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	20,000	Indirect	see footnote

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Operating Partnership Units	$0.00			0	588,614	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	0	588,614	Direct

Footnotes

New York Recovery Advisors, LLC (the "Advisor") was entitled to a "profits interest" in the form of Class B Units in the New York Recovery Operating Partnership, L.P. (the "Operating Partnership") in connection with its asset management services. Upon the listing of the issuer's shares of common stock on the New York Stock Exchange on April 15, 2014, each outstanding Class B Unit in the Operating Partnership was converted automatically into one OP Unit.
The Advisor, which previously owned the reported securities, is controlled by American Realty Capital III, LLC ("ARC III"). The reporting person directly or indirectly owns equity interests of ARC III. On April 15, 2014, the Advisor subsequently distributed the OP Units pro rata to the members of ARC III. As a result, the reporting person received 237,733 OP units and now owns the OP Units directly. The Advisor no longer holds any OP Units directly.
OP Units are exchangeable for cash or, at the option of the Operating Partnership, shares of the Company's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units and have no expiration date.
Terms of the 588,614 OP Units were previously reported and described on the reporting person's Form 4 filed on December 5, 2014.
New York Recovery Limited Partnership, LLC, which owns the reported securities, is controlled by ARC III. The reporting person directly or indirectly owns equity interests in ARC III. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.