0001144204-16-136358.txt : 20161123 0001144204-16-136358.hdr.sgml : 20161123 20161123161227 ACCESSION NUMBER: 0001144204-16-136358 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161118 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161123 DATE AS OF CHANGE: 20161123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRESIDENTIAL REALTY CORP/DE/ CENTRAL INDEX KEY: 0000731245 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 131954619 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08594 FILM NUMBER: 162016725 BUSINESS ADDRESS: STREET 1: 1430 BROADWAY STREET 2: SUITE 503 CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 914-948-1300 MAIL ADDRESS: STREET 1: 1430 BROADWAY STREET 2: SUITE 503 CITY: NEW YORK STATE: NY ZIP: 10018 8-K 1 v453846_8k.htm 8-K

 

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):      November 18, 2016

 

Presidential Realty Corporation

(Exact name of registrant as specified in its charter)

 

Delaware   1-8594   13-1954619
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification Number)

 

1430 Broadway, Suite 503, New York, NY   10018
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code:      (914) 948-1300

 

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:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 5.02.Resignation of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(a)(2) On November 18, 2016, Mr. Jeffrey Rogers submitted his resignation as a Director of the Company, effective immediately. A copy of Mr. Rogers resignation letter is attached hereto as Exhibit 17. Mr. Rogers did not have any disagreement with the Company or the Board. His resignation was made for personal reasons. The Company has provided Mr. Rogers with a copy of the disclosures it is making in response to this Item 5.02 prior to the filing of these disclosures with the Commission and has provided Mr. Rogers with the opportunity to furnish the Company with a letter addressed to the Company stating whether he agrees with the statements made by the registrant in response to this Item 5.02. Mr. Rogers has not furnished any additional letter to the Company beyond the letter filed as Exhibit 17.

 

Item 9.01Financial Statements and Exhibits.

 

Exhibit No.

17.1

Description

Letter of Resignation from Mr. Jeffrey Rogers.

   

  

 

 

 

SIGNATURES

 

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.

 

  PRESIDENTIAL REALTY CORPORATION
       
Date:  November 23, 2016 By:   /s/ Nickolas Jekogian  
    Nickolas Jekogian  
    CEO  

  

 

 

 

EXHIBITS

 

Exhibit

 

No. 17.1

 

Description

 

Letter of Resignation from Mr. Jeffrey Rogers

 

   
   

  

 

 

 

 EX-17.1 2 v453846_ex17-1.htm EXHIBIT 17.1

Exhibit 17.1

 

Page | 1

 

November 18, 2016

 

Alexander Ludwig
President
Presidential Realty Corporation
Real Estate Investment Trust
1430 Broadway, Suite 503
New York, NY 10018

 

  RE: Presidential Realty Corporation: Resignation

 

Dear Alex:

 

My company has been experiencing significant growth thereby severely limiting any free time that I would otherwise enjoy. Therefore, for personal reasons, I regrettably must resign from the Board of Presidential Realty. This resignation is effective immediately.

 

Thank you for the opportunity to serve and I wish the company much success.

 

Respectfully submitted,

 

 

/s/ Jeffrey Rogers

 

Jeffrey Rogers

 

 

180 Maiden Lane, 10th Floor      .      New York, NY 10038      .      (917) 261-3272