On October 5, 2017, Nicholas Radesca notified the board of directors of American Realty Capital New York City REIT, Inc. that he intends to retire and therefore resign from his positions as interim chief financial officer and treasurer of the company, New York City Advisors, LLC (the Advisor), the company's advisor, and New York City Properties, LLC (the Property Manager), the company's property manager. Mr. Radesca's resignations will be effective on the later of November 15, 2017. On October 9, 2017, the board unanimously elected Katie P. Kurtz as chief financial officer and treasurer of the company, effective upon the effectiveness of Mr. Radesca's resignation.

Ms. Kurtz has also been appointed as chief financial officer and treasurer of the Advisor and the Property Manager effective upon the effectiveness of Mr. Radesca's resignation. Ms. Kurtz, 37, has served as the chief financial officer, treasurer and secretary of American Realty Capital Healthcare Trust III, Inc., the HT III advisor and the HT III property manager since December 2015.