================================================================================ SECURITIES AND EXCHANGE COMMISSION FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934 -------------------- GYRODYNE COMPANY OF AMERICA, INC. (Exact name of Registrant as Specified in its Charter) New York 000-01684 11-1688021 (State or Other Jurisdiction of (Commission File (I.R.S. Employer Incorporation or Organization) Number) Identification Number) 102 FLOWERFIELD ST. JAMES, NEW YORK 11780 (631) 584-5400 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) Copy to: Patrice Dowd Shenn, Esq. Lamb & Barnosky, LLP 534 Broadhollow Road, Suite 210 Melville, New York 11747 ITEM 5. OTHER EVENTS. See Exhibit Number 99.01. Item 7. (c) Exhibits Exhibit Number Description -------------- ----------- 99.01 Press release concerning announced plans by the State University of New York to acquire the Company's real estate for use by the University's Stony Brook campus. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GYRODYNE COMPANY OF AMERICA, INC. By: /s/ Stephen V. Maroney ------------------------------------ Stephen V. Maroney President, Chief Executive Officer and Treasurer Date: May 29, 2003