{
  "id": 3857506,
  "title": "American strategic investment director buys $67k in company stock",
  "url": "https://urgent.news/2026/08/28/american-strategic-investment-director-buys-67k-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T00:46:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/american-strategic-investment-director-buys-67k-in-company-stock-93CH-4880393"
  },
  "original_language": "en",
  "account": "American Strategic Investment Co. (NYSE: NYC) insider Nicholas S. Schorsch purchased $67,450 worth of the company's stock in two separate transactions during late August 2026. The insider buying occurred as the stock traded at $6.47, marking a 43% decline over the past year and a 7% drop in the preceding week. Schorsch bought 5,000 shares on August 26 at an average price of $6.81, amounting to $34,050. The following day, he acquired another 5,000 shares, this time at $6.68 per share, totaling $33,400. Both purchases were made through Bellevue Capital Partners, LLC, where Schorsch serves as managing member with decision-making authority over related securities. Additionally, Schorsch reported the acquisition of 160,766 vested shares, valued at $6.98 each, on August 25, valued at $1,122,146. These shares were part of a 2020 incentive compensation plan for New York City Advisors, LLC, the external advisor of American Strategic Investment Co. Following these transactions, Schorsch's indirect ownership of the company's Class A common stock is now 799,620 shares. For a detailed review of NYC's valuation and financial performance, InvestingPro provides 15 exclusive tips and Pro Research Reports on over 1,400 US equities.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}