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SEG-News
SEG-Events
Seaport Entertainment Reports Q2 Revenue of $34.29M
Reports Q2 revenue $34.29M, consensus $32.16M. "The second quarter was our strongest to date, with each business segment profitable for the first time in our two-year history. Our emphasis on delivering unique in-person experiences through a growing events calendar and increased set of offerings are resulting in more visitors, more energy, and more reasons to return to our destinations," said Matt Partridge, President and Chief Executive Officer of Seaport Entertainment Group. "With the upcoming opening of Balloon Museum at the Tin Building, the Las Vegas Aviators once again positioned for a playoff run, and an exciting pipeline of new concepts and activations coming to both New York and Las Vegas, we believe the progress we've made is building momentum to deliver long-term value for our communities, shareholders and partners."
Seaport Entertainment Partners with Public Service for New Project
Seaport Entertainment Group announced a partnership with Public Service, the organization behind Public Records, to develop a new project in the Seaport in Lower Manhattan. The restaurant concept, which will involve the revitalization of a historic building, is expected to open in 2027. This addition brings an exciting new dimension to one of the most iconic waterfront neighborhoods in New York City.
Seaport Entertainment Group Files $150M Mixed Securities Shelf
Seaport Entertainment Group files $150M mixed securities shelf
Seaport Entertainment Appoints Lenah Elaiwat as CFO to Drive Long-Term Success
Seaport Entertainment Group announced its Board of Directors has appointed Lenah Elaiwat as Executive Vice President, Chief Financial Officer and Treasurer, following her successful tenure as the company's Interim CFO, effective immediately. "We are thrilled to officially appoint Lenah as the Company's Chief Financial Officer," said Matt Partridge, President and Chief Executive Officer of Seaport Entertainment Group. "Having worked with Lenah to develop the Company's financial infrastructure, I've witnessed her depth of financial expertise, steady leadership, and the positive impact she has made throughout the organization, and I'm confident Lenah will be instrumental to SEG as we continue to position the Company for long-term success."
Seaport Entertainment Group names Matt Partridge as its new CEO
Seaport Entertainment Group (SEG) announced the appointment of Matt Partridge as president and CEO. Partridge will succeed Anton Nikodemus, who will remain with the company as a special advisor until November 3. Additionally, the company's chief accounting officer, Lenah Elaiwat, was named interim CFO and treasurer, and Michael Crawford, currently lead independent director of the company's board of directors, will become chairman of the board. Nikodemus led Seaport Entertainment Group through its spinoff from Howard Hughes Holdings (HHH) and its transition to a hospitality and entertainment-focused company.
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