American Strategic Investment Co. to Accelerate Evolution of Business Model

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it intends to accelerate its efforts to evolve and diversify its business. The Company has started the process to market for sale its 9 Times Square Midtown Manhattan asset (“9 Times Square”). In addition, the Company intends to market for sale its properties located at 123 William Street and 196 Orchard Street. These strategic dispositions are in furtherance of the Company’s