-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Lp/iW3vYT7hvUq4axW6Pz6BknCGOfvhd9TA2z5AUZj09h1HcCx56YddmVaYV+kux WcBMcq83S0B41g4/MQYxeA== /in/edgar/work/20000823/0000889812-00-003634/0000889812-00-003634.txt : 20000922 0000889812-00-003634.hdr.sgml : 20000922 ACCESSION NUMBER: 0000889812-00-003634 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000823 GROUP MEMBERS: KIMCO REALTY CORP GROUP MEMBERS: KIMCO REALTY SERVICES, INC. GROUP MEMBERS: MILTON COOPER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIC REALTY TRUST CENTRAL INDEX KEY: 0000948975 STANDARD INDUSTRIAL CLASSIFICATION: [6798 ] IRS NUMBER: 133849655 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45961 FILM NUMBER: 708636 BUSINESS ADDRESS: STREET 1: 747 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2123551255 MAIL ADDRESS: STREET 1: 747 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIMCO REALTY CORP CENTRAL INDEX KEY: 0000879101 STANDARD INDUSTRIAL CLASSIFICATION: [6798 ] IRS NUMBER: 132744380 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3333 NEW HYDE PARK RD STREET 2: PO BOX 5020 CITY: NEW HYDE PARK STATE: NY ZIP: 11042 BUSINESS PHONE: 5168699000 MAIL ADDRESS: STREET 1: 3333 NEW HYDE PARK ROAD STREET 2: PO BOX 5020 CITY: NEW HYDE PARKQ STATE: NY ZIP: 11042 SC 13D/A 1 0001.txt SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7) Atlantic Realty Trust - -------------------------------------------------------------------------------- (Name of Issuer) Common Shares of Beneficial Interest, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 048798-10-2 ----------- (CUSIP Number) Milton Cooper Kimco Realty Corporation 3333 New Hyde Park Road New Hyde Park, NY 11042-0020 (516) 869-9000 with a copy to: Raymond Y. Lin, Esq. Erica H. Steinberger, Esq. Latham & Watkins 885 Third Avenue New York, New York 10022 (212) 906-1200 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 22, 2000 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] (Continued on following pages) (Page 1 of 10 pages) CUSIP No. 048798-10-2 13D Page 2 of 10 ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities only) Kimco Realty Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 Maryland - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 345,498 NUMBER OF -------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 OWNED BY EACH None REPORTING -------------------------------------------------- PERSON SOLE DISPOSITIVE POWER WITH 9 345,498 -------------------------------------------------- SHARED DISPOSITIVE POWER 10 None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 345,498 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP No. 048798-10-2 13D Page 3 of 10 ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities only) Kimco Realty Services, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC, AF - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 NUMBER OF None SHARES BENEFICIALLY -------------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING PERSON 655,528 WITH -------------------------------------------------- SOLE DISPOSITIVE POWER 9 None -------------------------------------------------- SHARED DISPOSITIVE POWER 10 655,528 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 655,528 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.4% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP No. 048798-10-2 13D Page 4 of 10 ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities only) Milton Cooper - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 NUMBER OF 29,824 SHARES BENEFICIALLY -------------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING PERSON 658,655 WITH -------------------------------------------------- SOLE DISPOSITIVE POWER 9 29,824 -------------------------------------------------- SHARED DISPOSITIVE POWER 10 658,655 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 688,479 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- Page 5 of 10 pages This Amendment No. 7 amends and supplements the Schedule 13D filed on May 24, 1996, and amended on July 3, 1996, by Kimco Realty Corporation, a Maryland corporation ("Kimco"), and Milton Cooper and further amended on May 15, 1997, June 10, 1997, April 30, 1998, September 20, 1999, and August 10, 2000 by Kimco, Milton Cooper and Kimco Realty Services, Inc., a Delaware corporation ("Services"), 60% of the voting common stock of which is owned by Mr. Cooper (as amended, the "Schedule 13D"), relating to the common shares of beneficial interest, par value $.01 per share (the "Shares"), of Atlantic Realty Trust, a Maryland corporation (the "Company"). Unless otherwise indicated, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D, and unless amended or supplemented hereby, all information previously filed remains in effect. Item 3. Source and Amount of Funds or Other Consideration. Services obtained the funds required for the purchase of Shares reported in Item 5(c) from its working capital and a loan from Kimco. Item 5. Interest in Securities of the Issuer. (a) Kimco beneficially owns an aggregate of 345,498 Shares, or approximately 9.7% of the outstanding Shares, and Services beneficially owns an aggregate of 655,528 Shares, or approximately 18.4% of the outstanding Shares (based on 3,561,553 Shares reported by the Company to be outstanding as of August 4, 2000, in the Company's Quarterly Report on Form 10-Q for the Period Ended June 30, 2000). Mr. Cooper beneficially owns 688,479 Shares (which includes all of the Shares owned by Services, 60.0% of whose voting common stock is owned by Mr. Cooper), or approximately 19.3% of the outstanding Shares, of which 2,012 Shares are held through IRA accounts, and 3,127 Shares are held by a trust for Adam Kimmel, the son of Martin S. Kimmel (the "Kimmel Trust"), for which Mr. Cooper serves as a trustee. Such holdings do not include an aggregate of 6,050 Shares held by Mr. Cooper's adult children or their spouses, an aggregate of 2,979 Shares held by nine trusts for the benefit of Mr. Cooper's grandchildren, for which certain of such adult children serve as trustees, or 3,750 Shares held by CLS General Partnership Corporation (a Delaware corporation which serves as the general partner of Power Test Investors Limited Partnership, a New York limited partnership), of which Mr. Cooper is a stockholder and serves as secretary and a director, as to all of which Shares Mr. Cooper disclaims beneficial ownership. Except as set forth herein, each of the Reporting Persons disclaims beneficial ownership of any Shares beneficially owned by any other person described in this Item 5(a) or on Schedule II hereto. (b) Each Reporting Person has sole power to vote, or direct the vote, and to dispose or direct the disposition of, all Shares reported as beneficially owned by it or him, except that, (i) Mr. Cooper, by reason of his ownership of 60% of Services' voting common stock, has the power to direct the vote or the disposition of all Shares reported as beneficially owned by Services, and (ii) with respect to the 3,127 Shares held by the Kimmel Trust, Mr. Cooper shares such power with the other trustee. (c) Set forth below are all transactions in Shares effected by or for the account of Services since Amendment No. 6 to the Schedule 13D. Except as noted, each transaction was an open-market purchase. Date # of Shares Price per Share ---- ----------- --------------- Page 6 of 10 pages 8/16/00 1,700 $6.42 8/17/00 300 $7.00 8/21/00 2,300 $7.86 8/22/00 140,000 $9.13 (block trade) (d) No person other than the Reporting Persons is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by the Reporting Persons, except that, with respect to the Shares owned by the Kimmel Trust, such Trust and the trustee thereof who shares such power with Mr. Cooper. Page 7 of 10 pages Signature --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. KIMCO REALTY CORPORATION By: /s/ Milton Cooper ------------------- Name: Milton Cooper Title: Chairman and Chief Executive Officer KIMCO REALTY SERVICES, INC. By: /s/ Milton Cooper ------------------ Name: Milton Cooper Title: President /s/ Milton Cooper --------------------- Milton Cooper Dated: August 23, 2000 Page 8 of 10 pages EXHIBIT INDEX Exhibit Page Number 1. Joint Filing Agreement * 2. Joint Filing Agreement * 3. Standstill Agreement * 4. Amended Standstill Agreement * - -------- * Previously filed Page 9 of 10 pages SCHEDULE II Set forth below is the name, principal business, business address and beneficial ownership of Shares of each executive officer and director of Kimco and Services, other than Milton Cooper, for whom such information is contained in Items 2 and 5 of the Schedule 13D. Unless otherwise indicated, the current business address of each person is c/o Kimco, 3333 New Hyde Park Road, Suite 100, New Hyde Park, NY 11041-0020. Each such person is a citizen of the United States of America. 1. Executive Officers & Directors of Kimco.
Name Principal Occupation or Employment Shares Beneficially ---- ---------------------------------- ------------------- Owned(1) -------- Martin S. Kimmel Director 10,487(2) Richard G. Dooley Director of Kimco; Consultant to -0- c/o Massachusetts Mutual Life Massachusetts Mutual Life Insurance Company Insurance Company 1295 State Street Springfield, Mass. 01111 Michael J. Flynn Vice Chairman of the Board of Directors, -0- President and Chief Operating Officer of Kimco Frank Lourenso Director of Kimco; Executive Vice President -0- c/o The Chase Manhattan Bank of The Chase Manhattan Bank 270 Park Avenue New York, NY 10017 Joe Grills Director of Kimco; Chief Investment Officer -0- 11479 Twin Mountains Road for the IBM Retirement Funds, 1986-1993 Clifton, VI 22733 Joseph K. Kornwasser Director of Kimco, Senior Executive -0- Vice President Alex Weiss Vice President--MIS of Kimco 1,250 Michael V. Pappagallo Chief Financial Officer of Kimco -0- Bruce M. Kauderer Vice President, Legal and Secretary of Kimco -0- Jerald Friedman Executive Vice President -0- Joseph V. Denis Vice President, Construction of Kimco -0- Glenn G. Cohen Vice President and Treasurer of Kimco -0- Robert Nadler President -- Midwest Division of Kimco -0- Joel Yarmak Vice President -- Financial Operations of -0- Kimco
Page 10 of 10 pages - ---------------- 1 All of such Shares were received in the Distribution and no consideration was paid therefor. 2 Does not include 14,135 Shares beneficially owned by Mr. Kimmel's wife or 3,127 by a trust for the benefit of Mr. Kimmel's son, for which Mr. Cooper serves as trustee, as to which Mr. Kimmel disclaims beneficial interest. Such Shares were received in the Distribution and no consideration was paid therefor. 2. Executive Officers & Directors of Services.
Name Principal Occupation or Employment Shares Beneficially ---- ---------------------------------- ------------------- Owned ----- Arthur Friedman Director and Secretary of Services; Certified Public -0- Accountant Sol Denbaum Director of Services; Vice President - Maintenance -0- (retired) of Kimco Michael V. Pappagallo Chief Financial Officer of Kimco and Services -0- Milton Cooper Director and President of Kimco Realty Services 688,479 Martin Kimmel Director of Kimco Realty Services 10,487
-----END PRIVACY-ENHANCED MESSAGE-----