SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 22, 2003
------------------
BRT REALTY TRUST
(Exact name of registrant as specified in charter)
Massachusetts 1-7172 13-2755856
----------------------------------------------------------------------
(State or other (Commission file no.) (IRS Employer
jurisdiction of I.D. No.)
incorporation)
60 Cutter Mill Road, Suite 303, Great Neck, New York 11021
----------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code 516-466-3100
------------
Item 9. Regulation FD Disclosure
Attached hereto as an exhibit is a copy of a Press Release issued by the
registrant on September 22, 2003.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned officer thereunto duly authorized.
BRT REALTY TRUST
Date: September 22, 2003 By: /s/ Simeon Brinberg
----------------------------
Simeon Brinberg
Senior Vice President
and Secretary
BRT REALTY TRUST
60 Cutter Mill Road, Suite 303
Great Neck, NY 11021
Telephone (516) 466-3100
Fax (516) 466-3132
www.BRTRealty.com
BRT REALTY TRUST ANNOUNCES
THE FORMER CFO OF YONKERS SAVINGS
JOINS ITS STAFF
Great Neck, New York, September 22, 2003 -- BRT Realty Trust (NYSE:BRT)
announced today that Joseph D. Roberto, formerly Senior Vice President and Chief
Financial Officer of Yonkers Savings and Loan Association F.A. and its holding
company Yonkers Financial Corp., has joined BRT's staff on a fulltime basis. Mr.
Roberto`s initial activities with BRT will be devoted to leading an effort by
BRT to organize and obtain regulatory approval to operate a "de novo" bank as a
taxable REIT subsidiary of BRT.
Jeffrey Gould, President and Chief Executive Officer stated that owning and
operating a bank as a wholly owned taxable REIT subsidiary is a natural
extension of BRT's mortgage lending activities. Continuing, he stated that the
Trust was indeed fortunate to have someone with Mr. Roberto's valuable
experience in the banking industry to lead this effort by BRT. Mr. Roberto was
employed by Yonkers Financial Corp. and the Yonkers Savings and Loan Association
for 29 years, seven of which as Chief Financial Officer. Yonkers Savings and
Loan Association F.A. was acquired by Atlantic Bank ofNew York in 2002.
The press release includes forward looking statements as defined in the Private
Securities Litigation Reform Act of 1995. BRT intends such forward looking
statements to be covered by the safe harbor provisions for forward looking
statements contained in the said Act and includes these statements for the
purposes of complying with these safe harbor provisions. The forward looking
statements should not be relied upon since they involve known and unknown risks,
uncertainties and other factors, which in some cases are beyond BRT's control.
Contact: Simeon Brinberg - 516.466.3100