On January 31, 2024, Joseph Marnikovic notified the board of directors of American Strategic Investment Co. (the Company) that he intends to retire and therefore resign from his position as Treasurer of the Company (Principal Accounting Officer and Principal Financial Officer). Mr. Marnikovic?s resignations will be effective on March 29, 2024.

Prior to such time, Mr. Marnikovic will remain Chief Financial Officer and Treasurer of the Company to assist with the transition process. On February 2, 2024, the Board appointed Mr. Michael LeSanto, the Company?s Chief Accounting Officer, as the Treasurer of the Company, effective on the effectiveness of Mr. Marnikovic?s resignation. Mr. LeSanto, 38, joined the Company in 2020 as senior portfolio controller and was part of the Company as it transitioned from New York City REIT to American Strategic Investment Company.

From 2021 through 2024 he served as the Company?s Chief Accounting Officer. He has served in a number of senior financial roles prior to joining the Company. From 2018 through 2020 he was Director and Corporate Controller of The Predictive Index.

Prior to that role he served as the Controller of Viral Gains from 2016 through 2018. From 2013 through 2016 he served as VP of Finance, North America for David Wood and Associates in San Francisco. Mr. LeSanto has a background in public accounting, working for regional firms and most recently at RSM US.

He has worked in both publicly traded and private companies and has been a strategic partner in early stage start-ups as well as private equity backed organizations. He has been part of numerous capital raises from Series A through growth stage. Mr. LeSanto earned his Bachelors of Science in Accounting from Bentley University and his Masters in Accounting from McCallum Graduate School at Bentley University.