FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KAHANE WILLIAM M 		2. Issuer Name and Ticker or Trading Symbol

New York REIT, Inc. [ NYRT ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

AMERICAN REALTY CAPITAL, 405 PARK AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/18/2017
(Street)

NEW YORK, NY 10022
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/18/2017     C    5640   A   (1) 153838   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
LTIP Units     (1) 5/18/2017     C      5640   (1)        (1)   (1) Common Stock   5640   (1) $0   0   (1) D    

Explanation of Responses:
(1)  On May 18, 2017, in accordance with the Issuer's Multi-Year Outperformance Agreement, Long Term Incentive Plan Units ("LTIP Units") were issued to the Issuer's prior advisor, 5,640 of which were allocated to the reporting person and vested immediately. As a result, on May 18, 2017 the reporting person redeemed 5,640 LTIP Units in exchange for an equal number of shares of the Issuer's common stock. Terms of the LTIP Units were previously reported and described on the reporting person's Form 4 filed on April 17, 2014.
(2)  Includes 16,000 shares of common stock issued pursuant to the Issuer's Restricted Share Plan. Restricted shares vest over a five year period beginning on April 15, 2015 in increments of 20% per annum.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KAHANE WILLIAM M
AMERICAN REALTY CAPITAL
405 PARK AVENUE
NEW YORK, NY 10022 		X



Signatures
William M. Kahane 5/25/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
New York Reit, Inc. (delisted) (NYSE:NYRT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more New York Reit, Inc. (delisted) Charts.
New York Reit, Inc. (delisted) (NYSE:NYRT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more New York Reit, Inc. (delisted) Charts.