Business in the Burbs

Presidential Realty reports profit

November

Presidential Realty Corp., a real estate investment trust based in White Plains, reported net income of 91 cents a share during the third quarter, compared to a net loss of 3 cents a share a year earlier. The most recent results included a gain of 81 cents per share from the sale of 42 cooperative apartment units at Towne House in New Rochelle and a gain of 2 cents per share from the sale of a cooperative apartment unit in New Haven, Conn.

This entry was posted on Friday, November 14th, 2008 at 2:15 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings season

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