Reported a net loss attributable to common stockholders of $44.1 million for the three months ended March 31, 2026, compared to a $31.9 million loss in the prior-year period. Total revenues declined to $12.7 million from $16.1 million in Q1 2025, primarily due to the closure of the Tin Building by Jean-Georges. Completed the sale of the 250 Water Street development asset in February 2026 for $143.0 million, using proceeds to pay off the associated $61.3 million mortgage. Cash and cash equivalents increased to $114.8 million as of March 31, 2026, up from $77.8 million at year-end 2025. Depreciation and amortization expenses rose significantly to $20.1 million, up from $8.1 million, due to accelerated depreciation following the Tin Building closure.