Trinity Place Holdings Inc. TPHS

What this company does

Trinity Place Holdings Inc., which we refer to in this Annual Report on Form 10-K as “Trinity, ” “we,” “our,” or “us”, is a real estate holding, investment, development and asset management company. TPHGreenwich now holds, subject to the subsequent sales as described below, (i) the property located at 77 Greenwich Street in Lower Manhattan (“77 Greenwich”), which is substantially complete as a mixed-use project consisting of a 90-unit residential condominium tower, retail space and a New York City elementary school (ii) a 105-unit, 12-story multi-family property located at 237 11th Street in Brooklyn, New York (“237 11th”), and (iii) a property occupied by retail tenants in Paramus, New Jersey (the “Paramus Property). On February 4, 2025, TPHGreenwich sold the Paramus Property for a gross sales price of $15.6 million. On March 14, 2025, TPHGreenwich sold 237 11th for a gross sales price of $68.5 million. We also control a variety of intellectual property assets focused on the consumer sector, a legacy of our predecessor, Syms Corp. (“Syms”), including FilenesBasement.com, our rights to the Stanley Blacker® brand, as well as the intellectual property associated with the Running of the Brides® event and the An Educated Consumer is Our Best Customer® slogan.

Written from the business description in Trinity Place Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 March 2025. Every sentence was checked against that document before publication.