Gyrodyne Announces Agreement with Star Equity Fund

Agrees to Board Size Reduction and Certain Director Compensation Limitations; Star Equity Withdraws Nominations Agrees to Board Size Reduction and Certain Director Compensation Limitations; Star Equity Withdraws Nominations

GlobeNewsWire • Oct 17, 2025

GYRODYNE, LLC ANNOUNCES AGREEMENT TO SELL 49-ACRE PARCEL IN SMITHTOWN, NEW YORK AS PART OF STRATEGIC LIQUIDATION PLAN

ST. JAMES, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) --  Gyrodyne, LLC (NASDAQ:GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that its subsidiary, GSD Flowerfield, LLC, has entered into a purchase and sale agreement (the “Agreement”) for the sale of approximately 49 acres of vacant land located within the Company's Flowerfield complex in St. James, New York (the “Property”) to B2K Smithtown LLC (“B2K”).

GlobeNewsWire • Aug 4, 2025

New York Supreme Court Rules in Favor of Gyrodyne in Article 78 Proceeding

ST. JAMES, N.Y., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (NASDAQ: GYRO) (“Gyrodyne”) today announced that the Supreme Court of the State of New York issued a decisive ruling in favor of Gyrodyne, dismissing a petition brought by the St. James - Head of the Harbor Neighborhood Preservation Coalition, Inc. and several individuals seeking a judgment to vacate the Town of Smithtown Planning Board's approval of Gyrodyne's eight-lot subdivision of its Flowerfield property.

GlobeNewsWire • Oct 16, 2024

GYRODYNE ANNOUNCES CLOSING OF SUCCESSFUL, OVERSUBSCRIBED RIGHTS OFFERING

ST. JAMES, N.Y., March 08, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (NASDAQ: GYRO) (the "Company" or "Gyrodyne"), an owner and manager of a diversified portfolio of real estate properties, today announced the successful closing of its previously announced rights offering (the "Rights Offering") for shares of the Company's limited liability company interests ("Common Shares"). Pursuant to the terms of the Rights Offering, all 625,000 of the Common Shares offered in the Rights Offering were purchased at $8 per share, generating $5 million in gross proceeds to the Company (approximately $4.4 million net of costs).

GlobeNewsWire • Mar 8, 2024

GYRODYNE ANNOUNCES COMMENCEMENT OF RIGHTS OFFERING

ST. JAMES, N.Y., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (“Gyrodyne” or the “Company”) (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced the commencement of the subscription period of its rights offering.

GlobeNewsWire • Feb 6, 2024

GYRODYNE ANNOUNCES RECORD DATE FOR PROPOSED RIGHTS OFFERING

ST. JAMES, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (“Gyrodyne” or the “Company”) (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that the record date for its proposed rights offering is January 29, 2024 at 5:00 p.m. Eastern Time (the “Record Date”).

GlobeNewsWire • Jan 22, 2024

Gyrodyne Appoints Jan Loeb to Board of Directors

ST. JAMES, N.Y.--(BUSINESS WIRE)--Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or the “Company”), an owner and manager of a diversified portfolio of real estate properties, today announced that it has appointed Jan Loeb to the Company's Board of Directors (the “Board”), effective immediately. Mr. Loeb was appointed to the Board pursuant to a cooperation agreement (the “Agreement”) between the Company and Leap Tide Capital Management LLC (collectively with its affiliates, “Leap Tide”). Paul Lamb, Ch.

Business Wire • Aug 1, 2023

Gyrodyne Confirms Receipt of Star Equity's Notice of Intent to Nominate Two Director Candidates at the 2023 Annual Meeting

ST. JAMES, N.Y., April 28, 2023 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (NASDAQ: GYRO) (the “Company”), an owner and manager of a diversified portfolio of real estate properties, today confirmed receipt of a notice (the “Notice”) from Star Equity Fund, LP ( “Star Equity”) of its intent to nominate two individuals to stand for election to the Company's Board of Directors (the “Board”) at the 2023 annual meeting of shareholders (the “Annual Meeting”).

GlobeNewsWire • Apr 28, 2023

GYRODYNE ANNOUNCES CORTLANDT MANOR APPROVAL OF MEDICAL ORIENTED ZONING DISTRICT

Company Receives MOD Designation for Mixed-Use 154,000 Square foot Property, Paving the Way for Increased Value Creation ST. JAMES, N.Y.

PRNewsWire • Mar 29, 2023

Gyrodyne Issues Letter to Shareholders

ST. JAMES, N.Y.--( BUSINESS WIRE )--Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or the “Company”), an owner and manager of a diversified portfolio of real estate properties, today issued the following letter to shareholders from Gary Fitlin, Gyrodyne's Chief Executive Officer.

Business Wire • Jan 30, 2023