Trinity Place Holdings INC Schedule 13D activist filings

Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.

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Steel Partners Holdings, through its affiliates, has acquired a 40% beneficial ownership in Trinity Place Holdings Inc., gaining significant board representation and providing a new $5 million secured promissory note.
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TPHS Lender LLC, an affiliate of Davidson Kempner Capital Management LP, has agreed to sell its entire stake in Trinity Place Holdings Inc. to Steel IP Investments, LLC, alongside significant restructuring of the Issuer's joint venture interests.