• J.W. Mays engaged Newmark Group to market 25 Elm Place in Brooklyn for sale to unaffiliated buyers as it weighs asset sales to support liquidity.
• Marketing process is in early stages, with efforts expected to continue for foreseeable future.
• Management plans to keep leasing and operating property while discussing lease modifications or terminations with existing tenants.
• Some tenants may relocate to company property at 9 Bond Street in Brooklyn.
• Any sale transaction would require board sign-off, with no assurance on timing or completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. J.W. Mays Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-26-000210), on April 14, 2026, and is solely responsible for the information contained therein.