Nyc announces 95% rent collected in fourth quarter, 45,000 sf lease renewal with ny department of state

New york--(business wire)--new york city reit, inc. (nyse: nyc) (“nyc” or the “company”) announced today that it collected 95% of the original cash rent due for the fourth quarter 2021 as of january 19, 2022. the company also announced the signing of a five-year lease renewal with the new york department of state for approximately 45,000 square feet at 123 william street, totaling approximately $10.1 million in straight-line rent over the new lease term. “fourth quarter rent collection was the
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