The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLERGAN PLC COM G0177J108 837 5,000 SH   SOLE 0 5,000 0 0
STEALTHGAS INC COM Y81669106 1,995 580,000 SH   SOLE 0 580,000 0 0
ALICO INC COM 016230104 2,882 95,000 SH   SOLE 0 95,000 0 0
ALTABA INC COM 021346101 10,405 150,000 SH   SOLE 0 150,000 0 0
BRT APARTMENTS CORP COM 055645303 2,548 180,292 SH   SOLE 0 180,292 0 0
BARNES & NOBLE ED INC COM 06777U101 4,636 1,380,000 SH   SOLE 0 1,380,000 0 0
BARNES & NOBLE INC COM 067774109 15,889 2,375,000 SH   SOLE 0 2,375,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,134 25,000 SH   SOLE 0 25,000 0 0
CORNING INC COM 219350105 26,584 800,000 SH   SOLE 0 800,000 0 0
CORTEVA INC COM 22052L104 296 10,000 SH   SOLE 0 10,000 0 0
DOW INC COM 260557103 247 5,000 SH   SOLE 0 5,000 0 0
DUPONT DE NEMOURS INC COM 26614N102 751 10,000 SH   SOLE 0 10,000 0 0
ELEMENT SOLUTIONS INC COM 28618M106 259 25,000 SH   SOLE 0 25,000 0 0
EMMIS COMMUNICATIONS CORP COM 291525400 760 160,000 SH   SOLE 0 160,000 0 0
EVINE LIVE INC COM 300487105 364 841,712 SH   SOLE 0 841,712 0 0
GYRODYNE LLC COM 403829104 1,873 101,500 SH   SOLE 0 101,500 0 0
LANDS END INC NEW COM 51509F105 5,621 460,000 SH   SOLE 0 460,000 0 0
REALNETWORKS INC COM 75605L708 143 75,000 SH   SOLE 0 75,000 0 0
SAGA COMMUNICATIONS INC COM 786598300 36,551 1,170,000 SH   SOLE 0 1,170,000 0 0
SANOFI RIGHT 12/31/2020 RTS 80105N113 249 479,698 SH   SOLE 0 479,698 0 0
SEARS HOMETOWN & OUTLET STORES INC COM 812362101 59 25,000 SH   SOLE 0 25,000 0 0
TEJON RANCH CO COM 879080109 61,257 3,692,426 SH   SOLE 0 3,692,426 0 0