MINE SAFETY DISCLOSURE 37 PART II ITEM 5. SELECTED FINANCIAL DATA 40 ITEM 7. Our policies also cover the loss of rental revenue during any reconstruction period. Our telephone number is (718) 438-2804. As a result, our performance depends on our ability to collect rent from tenants. xa0; Real estate investments are relatively illiquid and may limit our flexibility. xa0; The leasing of real estate in our markets is highly competitive. Such failure would have significant adverse consequences. Tenants include Equinox (a premium fitness club), Starbucks and Apple Bank. 5 trains, is located on the west side of the complex. The note matures on June 1, 2028, and bears interest at 3.875%. MINE SAFETY DISCLOSURE Not applicable. These factors could also affect the timing and amount of share repurchases. On November 24, 2020, the Company completed the stock repurchase program. We may prepay the debt in whole or in part, subject to a prepayment premium. We do not believe that inflation currently poses a material risk to the Company. xa0; 54 PART III ITEM 10. Accordingly, we express no such opinion. The net proceeds of the IPO were approximately $79,000. The Company did not receive any proceeds from the issuance. The effect of all intercompany balances has been eliminated. In the event of a forfeiture, the previously recognized expense would be reversed. Instead, those lessors will account for those costs as if they are lessee costs. A lessor will record those reimbursed costs as revenue. I have reviewed this annual report on Form 10-K of Clipper Realty Inc.; & 2. City of New York [Member] Represents the City of New York, a major lessee of the company. H EHJ+[);_P#/"[email protected]?9+?\\ YX1?]\\"@"6BH MOLEO_P \\(O\\ [email protected]?9+?_ ) X1?]\\"@"6BHOLEO_SPB_[X%\'V2W_YX1?\\ ? K7VL^7DOH3R1OS6U):* MB^R6_P#SPB_[X%\'V2W_YX1?]\\"LBB6BHOLEO_P \\(O\\ [email protected]?9+?_ ) I/S8($ M\'A[PK]JM8K^\\EPMU;K(\'12L\\K,ZRI)*3D&1,8! [