On September 13, 2019, Katie P. Kurtz notified the board of directors of New York City REIT, Inc. of her resignation as chief financial officer and treasurer of the Company, effective immediately. On September 13, 2019, the Board unanimously elected Christopher J. Masterson as chief financial officer and treasurer of the Company, effective upon Ms. Kurtz's resignation. Mr. Masterson has also been appointed as chief financial officer and treasurer of the Advisor and the Property Manager to replace Ms. Kurtz in those capacities, effective upon Ms. Kurtz's resignation as chief financial officer and treasurer of the Company.