Sec Form 4 Filing - Elman Lee M @ New York City REIT, Inc. - 2019-06-21

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Elman Lee M 2. Issuer Name and Ticker or Trading Symbol New York City REIT, Inc. [ NYC] 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) 650 FIFTH AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 06/21/2019 (Street) NEW YORK, NY10019 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 Class A Common Stock ( 1 ) 06/21/2019( 2 ) S 1,615.2 D $ 13.61 5,422.8 D Class A Common Stock 05/14/2021 A 7,182 ( 3 ) A $ 0 10,016 ( 4 ) ( 5 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Elman Lee M 650 FIFTH AVENUE NEW YORK, NY10019 X Signatures /s/ Lee M. Elman 05/21/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On August 5, 2020, in connection with the transactions described in footnote 4 below, New York City REIT, Inc. (the "Registrant") changed the name of its common stock to "Class A common stock." ( 2 )The reporting person inadvertently failed to timely report the transaction. ( 3 )Restricted shares of Class A common stock of the Registrant issued pursuant to the 2020 Omnibus Incentive Compensation Plan of the Registrant that vest over a five-year period beginning on May 11, 2021 in increments of 20% per annum. ( 4 )The number of securities previously reported has been adjusted to reflect the 9.72-to-1 reverse stock split by the Registrant of its Class A common stock followed by a stock dividend of three shares of Class B common stock for every share of Class A common stock outstanding completed on August 5, 2020. The first two equal tranches of shares of Class B common stock converted into shares of Class A common stock and were listed on the New York Stock Exchange on December 16, 2020 and March 1, 2021, respectively, and the third and final equal tranche will automatically convert into shares of Class A common stock to be listed on the New York Stock Exchange no later than August 13, 2021. The number of securities reported also reflects the reporting person's receipt of cash in lieu of a fractional shares in connection with the reverse stock split and conversions described in this footnote. ( 5 )This amount includes approximately 9,306 shares of Class A common stock and 710 shares of Class B common stock.

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).

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