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Gyrodyne Co. of America Inc. (GYRO)

4.96 Down 0.03(0.61%) 12:00PM EDT - Nasdaq Real Time Price
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Gyrodyne Co. of America Inc.
1 Flowerfield
Suite 24
St James, NY 11780
United States - Map
Phone: 631-584-5400
Fax: 631-584-7075

Index Membership:N/A
Industry:REIT - Office
Full Time Employees:7

Business Summary 

Gyrodyne Company of America, Inc., a real estate investment trust (REIT), engages in the investment, acquisition, ownership, and management of a portfolio of medical office and industrial properties in the northeast region of the United States. It is also involved in the development of industrial and residential properties. The company focuses on acquiring, developing, owning, leasing, and managing medical, commercial, and industrial real estate. As of March 31, 2012, it had 100% ownership in 3 medical office parks comprising approximately 131,000 rentable square feet; and 1 multitenant industrial park consisting of 128,000 rentable square feet, as well as approximately 68 acres of property in St. James, New York. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1946 and is headquartered in St. James, New York.

Key Statistics

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Corporate Governance 
Gyrodyne Co. of America Inc.’s ISS Governance QuickScore as of Jul 1, 2013 is 6. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 8; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Frederick C. Braun III, 72
Chief Exec. Officer and Pres
Mr. Gary Jay Fitlin , 49
Chief Financial Officer and Treasurer
Mr. Peter Pitsiokos , 54
Chief Operating Officer, Chief Compliance Officer, Exec. VP and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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