UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 7, 2018
Safety, Income & Growth Inc.
(Exact Name of Registrant as Specified in its Charter)
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Maryland |
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001-38122 |
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30-0971238 |
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(State or Other Jurisdiction |
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(Commission |
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(IRS Employer |
1114 Avenue of the Americas, New York, New York 10036
(Address of Principal Executive Offices) (Zip Code)
(212) 930-9400
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x
Item 8.01. Other Events.
On May 7, 2018, Safety, Income & Growth Inc. (the “Company”) entered into an agreement to acquire the fee interest and ground lease at 635 Madison Avenue, New York, NY for a purchase price of $151.0 million. In addition to customary closing conditions, the transaction is subject to a third party’s waiving or not exercising a right of first offer to purchase the land. There is a 19 story 176,530 square foot office tower on the land. There can be no assurance that the transaction will be consummated by the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SAFETY, INCOME & GROWTH INC. | ||
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By: |
/s/ JAY SUGARMAN | |
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Name: |
Jay Sugarman |
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Title: |
Chief Executive Officer |
May 10, 2018