The nine-story development includes 240 units and approximately 162,000 residential square feet, with 70% of units designated free market and 30% affordable. 250 Livingston Street weighs on resultsThe company’s results continued to be affected by the former New York City tenancy at 250 Livingston Street. The company cited a $5.8 million impact from 250 Livingston Street, also substantially non-cash, as the primary driver of the decline. As of quarter-end, Clipper Realty had $37.7 million of unrestricted cash and $24.9 million of restricted cash. About Clipper Realty (NYSE:CLPR)Clipper Realty Inc is a publicly traded real estate investment trust that acquires, owns and manages multifamily residential and mixed?use properties in the Greater New York metropolitan area.