Clipper Realty Inc. reported third quarter 2025 revenues of $37.7 million and income from operations of $8.9 million, compared to $10.8 million a year earlier. Net operating income was $20.8 million, down from $21.8 million in the prior year. The company recorded a net loss of $4.6 million, compared to a net loss of $1.1 million last year. Adjusted funds from operations were $5.6 million, versus $7.8 million in the previous year. Clipper Realty declared a dividend of $0.095 per share for the quarter. Key business developments included the initial lease-up at the Prospect House property in Brooklyn, the termination of the New York City lease at 250 Livingston Street in August, and the sale of 10 West 65th Street in May.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clipper Realty Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113286620) on November 13, 2025, and is solely responsible for the information contained therein.