When New York City REIT was originally sold to investors it was marketed as a non-traded REIT. Many investors were falsely told by their financial advisors that NYC REIT was a safe alternative to the stock market. You may have a case if:
You purchased NYC REIT as a non-traded REIT before it was publicly listed;
You lost money investing in NYC REIT and other illiquid investments;
You are 65 years old or retired (not a requirement);
You have a conservative or moderate risk tolerance; or
Your net worth is below $1 million (not a requirement)