Gyrodyne, LLC Files 8-K Report
Ticker: GYRO · Form: 8-K · Filed: Oct 16, 2024 · CIK: 1589061
| Field | Detail |
|---|---|
| Company | Gyrodyne, LLC (GYRO) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, corporate-events
TL;DR
Gyrodyne, LLC filed an 8-K on 10/16/24 for events on 10/11/24.
AI Summary
On October 11, 2024, Gyrodyne, LLC filed an 8-K report detailing other events and financial statements. The filing was made on October 16, 2024, and pertains to the company's operations as an operator of nonresidential buildings.
Why It Matters
This filing provides an update on Gyrodyne, LLC's corporate activities and financial reporting, which is important for investors and stakeholders to monitor the company's status.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report and does not appear to contain any significant negative news or events.
Key Numbers
- 001-37547 — SEC File Number (Identifies the company's filing history with the SEC.)
- 46-3838291 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- Gyrodyne, LLC (company) — Registrant
- October 11, 2024 (date) — Date of earliest event reported
- October 16, 2024 (date) — Filing date
- New York (location) — State of incorporation
- 631-584-5400 (phone_number) — Registrant's telephone number
FAQ
What is the primary business of Gyrodyne, LLC?
Gyrodyne, LLC is an operator of nonresidential buildings, as indicated by its Standard Industrial Classification code [6512].
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 11, 2024.
What is the filing date of this 8-K report?
The report was filed on October 16, 2024.
Where is Gyrodyne, LLC's principal executive office located?
The principal executive offices are located at One Flowerfield, Suite 24, St. James, New York, 11780.
What is the fiscal year end for Gyrodyne, LLC?
The fiscal year end for Gyrodyne, LLC is December 31.
Filing Stats: 1,208 words · 5 min read · ~4 pages · Grade level 15.5 · Accepted 2024-10-16 07:01:19
Filing Documents
- gyrllc20241015_8k.htm (8-K) — 35KB
- ex_732401.htm (EX-99.1) — 8KB
- 0001437749-24-031299.txt ( ) — 179KB
- gyro-20241011.xsd (EX-101.SCH) — 3KB
- gyro-20241011_def.xml (EX-101.DEF) — 11KB
- gyro-20241011_lab.xml (EX-101.LAB) — 15KB
- gyro-20241011_pre.xml (EX-101.PRE) — 11KB
- gyrllc20241015_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On October 11, 2024, the Supreme Court of the State of New York issued a ruling in favor of Gyrodyne, LLC (the "Company"), dismissing the Article 78 petition brought against the Company and the Town of Smithtown's Planning Board by the remaining petitioners in the proceeding. The petitioners were seeking a judgment to vacate the Planning Board's approval of the Company's eight-lot subdivision of its Flowerfield property. The Court found that the petition was defective and unsupported by the administrative record. The decision confirms that the Planning Board fulfilled its obligations under the New York State Environmental Quality Review Act ("SEQRA") to take the required "hard look" at environmental impacts and to implement appropriate mitigation measures. Although the ruling remains subject to appeal, the Company will continue to process its final subdivision approval application with the Town of Smithtown and County of Suffolk and ultimately file its subdivision map with the Office of the County Clerk. In December 2017, the Company submitted an application to the Planning Board for preliminary approval of an eight-lot subdivision of the Company's Flowerfield property. In March 2022, the Planning Board granted approval of the Company's amended application after an exhaustive SEQRA review. In April 2022, a group of petitioners initiated an Article 78 proceeding against the Planning Board, the Company and others seeking a judgement to annul the Planning Board's findings statement issued under SEQRA, to vacate the preliminary approval of the subdivision of Flowerfield and to order the Planning Board to prepare a supplemental environmental impact statement. In February 2024, the Court dismissed the petition as to most of the original individual petitioners for lack of standing and as to the Village of the Head of the Harbor for lack of capacity to sue, and amended the caption to reflect the remaining parties. On October 11, 2024, after a
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release dated October 16, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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, thereunto duly authorized. GYRODYNE, LLC Date: October 16, 2024 By: /s/ Gary Fitlin Name: Gary Fitlin Title: President, Chief Executive Officer, Chief Financial Officer and Treasurer