NEW YORK -- Greater New York Savings Bank said it expected to report a third-quarter loss of about $24 million and take a special $15 million real estate loss provision.

The bank also expects to record an estimated $12 million provision for loan and real estate losses during the quarter.

The bank said it completed the sale of $50 million of noncumulative, nonconvertible perpetual preferred stock that qualifies as Tier 1 capital.

The stock was sold in a private transaction to a limited number of institutional investors. Net proceeds of the offering will be about $47 million, the company said.

The bank said the $15 million real estate loss provision is in conjunction with an accelerated asset disposition plan, in which it envisions reducing about $100 million of its nonperforming assets by December 31, 1994, and an additional $50 million during 1995.

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