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Real Estate Investment Trusts
Gyrodyne Company of America, Inc.. The Group's principal activity is to acquire, manage and invest in a diversified portfolio of real estate composed of office, industrial, retail and service properties primarily in the New York City Metropolitan area. The Group's converted buildings consist of approximately 127,392 rentable square feet housing 54 tenants in space suitable for office, engineering, manufacturing and warehouse use. It owns a 68 acre site called Flowerfield, primarily zoned for light industry. The property, which is known as Flowerfield, consists of 68 acres. Approximately 10 acres are utilized for the rental property and the balance of 58 remains undeveloped. The Group operates only in the United States.
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