If you’ve invested in American Strategic Investment Co. (formerly known as New York City REIT), there’s a good chance you’ve felt the sting of its poor performance. What was once sold as a promising investment in New York commercial real estate has become a financial headache for many. Here’s a breakdown of what’s been happening […]

Soreide Law Group has been contacted by investors who suffered financial losses through recommendations by their broker/dealers or financial advisors in the real estate investment trust, NYC REIT, formerly known as American Realty Capital New York City (NYSE: NYC). NYC REIT owns commercial real estate within the five boroughs of New York. NYC shares were […]