2017-05-15T08:15:32-05:00 2016-12-31 BOND BEEBE PC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2016-01-01 134040124 Thirty Two BJ North Pension Holding Corp % WHITESTAR ADVISORS LLC THIR 5619999949 902 CLINT MOORE RD Suite 104 BOCA RATON FL 33487 JAMES E BISHOP VICE PRESIDENT 5619999949 2017-05-12 true RICHARD L RUVELSON P00234075 3012726000 66.195.210.98 52746520171355000000 2017-05-15 P 1CACA097232BBD3B36B653D7024BC20797EDF5F9 483B3F99E9CD71719F6CCAA667530D61A598C20D 2016 2021-01-29 14:40:06Z JAMES E BISHOP 902 CLINT MOORE RD SUITE 104 BOCA RATON FL 33487 6680892 false X N/A X 1999 DE THE ORGANIZATION WAS CREATED TO ACQUIRE, HOLD TITLE AND COLLECT INCOME FROM REAL PROPERTY ON BEHALF OF THE 32BJ NORTH PENSION FUND. X 3 3 0 0 0 0 0 0 0 115 -1044109 -227414 -88028 -227299 -1132137 0 0 0 0 0 0 0 0 0 56620 15373 56620 15373 -283919 -1147510 7471820 5976 3580092 5976 3891728 0 THE ORGANIZATION WAS CREATED TO ACQUIRE, HOLD TITLE AND COLLECT INCOME FROM REAL PROPERTY ON BEHALF OF THE 32BJ NORTH PENSION FUND. false false THE ORGANIZATION ACQUIRED COMMERICAL PROPERTY IN 1999 AND HAS LEASED SPACE TO BOTH AFFILIATED AND UNAFFILIATED ENTITIES. THE PROPERTY WAS SOLD IN 2016 AND THE PROCEEDS OF THE SALE WAS DISTRIBUTED TO 32BJ NORTH PENSION FUND, PARENT OWNER OF THE CORPORATION. IN ADDITION, THE DISSOLUTION PROCESS OF THE CORPORATION WAS UNDERTAKEN. false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false false true 4 0 true 0 false false false false false false X 3 3 true true false false true true true true true false false true false false false false false false X WHITESTAR ADVISORS LLC 5619999949 902 CLINT MOORE RDSTE 104 BOCA RATON FL 33487 X X JOHN M LUNDSTEN PRESIDENT 1.0 0.0 X 0 0 0 JAMES BISHOP VICE PRESIDENT/SECRETARY 1.0 0.0 X 0 0 0 DANIEL K O'DONNELL VICE PRESIDENT/CFO 1.0 0.0 X 0 0 0 0 0 0 0 false false false GOLDSCHMIDT ASSOCIATES 1 CHASE ROAD SCARSDALE NY 10583 REAL ESTATE 128000 CUSHMAN WAKEFIELD ONE MEADOWLANDS PLAZA STE 1100 EAST RUTHERFORD NJ 07073 REAL ESTATE 128000 2 0 0 53 53 0 0 280839 368867 -88028 0 -88028 -88028 6400000 7444162 -1044162 -1044162 -1044162 0 0 0 0 -1132137 -1132137 0 0 0 0 0 0 0 0 0 0 0 12184 2965 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LICENSE & FILING FEES 224 15373 X 1500 5976 127890 0 0 0 53443 0 0 0 0 0 0 0 0 0 55609 0 0 0 7215680 0 0 0 0 0 0 0 0 0 17698 0 7471820 5976 69414 5976 0 0 69924 0 0 0 0 0 0 0 3363355 0 0 0 77399 0 3580092 5976 X 0 0 3010679 0 881049 0 3891728 0 7471820 5976 X -1147510 -2744218 X false false false SALE OF BUILDING 2016-03-22 6400000 GHP 140 H LLC 4 W RED OAK LN WHITE PLAINS NY 10604 PROCEEDS FROM SALE TO PARENT OWNER 7141619 ACTUAL OUTLAY 131819138 32BJ NORTH PENSION FUND 25 WEST 18TH STREET NEW YORK NY 10011 401(A) false false false false PART VI, SECTION A, LINE 3 - DELEGATED DUTIES OF MANAGMENT COMPANY: THE HOLDING CORPORATION IS MANAGED BY WHITESTAR ADVISORS LLC. WHITESTAR ADVISORS LLC DUTIES TO THE HOLDING CORPORATION INCLUDE: ----------------------------------------------------------------- 1. PREPARED AN OVERALL STRATEGY FOR THE REAL ESTATE HOLDING. 2. PREPARE A BUSINESS PLAN AND ANNUAL OPERATING BUDGET. 3. DETERMINE AND IMPLEMENT ANY TENANT IMPROVEMENTS CAPITAL EXPENDITURES REQUIRED TO MAINTAIN THE VALUE OF THE PROPERTY. 4. SELECT AND SUPERVISE PROPERTY MANAGERS TO PROVIDE DAY-TO-DAY MANAGEMENT OF THE PROPERTY. 5. MANAGE THE OPERATING COMPANY LIMITED LIABILITY CORPORATION CREATED FOR THE PROPERTY. 6. MANAGE ALL LEGAL, TAX, AND INSURANCE ISSUES RELATED TO THE PROPERTY. 7. DETERMINE WHEN TO SELL EXISTING PROPERTY HOLDING AND ACQUIRE NEW PROPERTIES. 8. PERFORM ALL DUE DILIGENCE AND REVIEW ASSOCIATED WITH ANY DISPOSITIONS OR ACQUISITIONS. 9. OBTAIN REGULAR APPRAISALS TO DETERMINE THE MARKET VALUE OF THE PROPERTY AND MAKE ANY REVISIONS AS NEEDED TO ACCURATELY REFLECT THE VALUE OF THE PROPERTY. 10. REPORT QUARTERLY TO THE TRUSTEES OF THE SOLE MEMBER ON THE VALUE AND INVESTMENT PERFORMANCE OF THE REAL ESTATE HOLDING. THE FOLLOWING INDIVIDUALS OF WHITESTAR ADVISORS LLC ARE OFFICERS OF THE HOLDING CORPORATION: A. JOHN LUNDSTEN B. JAMES BISHOP C. DANIEL O'DONNELL PART VI, SECTION A, LINE 6 - MEMBERS OF THE ORGANIZATION: THE CORPORATION HAS ONLY ONE MEMBER, 32BJ NORTH PENSION FUND. PART VI, SECTION A, LINE 7A - ELECTION OR APPOINTMENT OF BOARD MEMBERS: THE GOVERNING BODY IS ELECTED BY THE SOLE MEMBER OF THE CORPORATION. PART VI, SECTION A, LINE 7B - DECISIONS OF GOVERNING BODY: THE MEMBER MUST APPROVE CERTAIN DECISIONS OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE INVESTMENT MANAGERS, WHITE STAR ADVISORS, AND THE OFFICERS OF THE CORPORATION REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS & F/S: THE CORPORATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 9 - OTHER CHANGE IN NET ASSETS: ($2,744,218) NET REDUCTION IN NET ASSETS AFTER SALE OF BUILDING AND WIND DOWN OF ORGANIZATION PART VI, LINE 2 - BUSINESS RELATIONSHIP: OFFICERS JOHN M LUNDSTEN, JAMES BISHOP AND DANIEL K O'DONNELL SERVE AS MANAGING DIRECTORS OF WHITESTAR ADVISORS, LLC. 32BJ NORTH HEALTH FUND 25 WEST 18TH STREET NEW YORK NY 10011 131699839 HEALTH FUND NY 501(C)(9) false 32BJ NORTH LEGAL SERVICES FUND 25 WEST 18TH STREET NEW YORK NY 10011 133122838 LEGAL FUND NY 501(C)(9) false 32BJ NORTH PENSION FUND 25 WEST 18TH STREET NEW YORK NY 10011 131819138 PENSION FUND NY 401(A) false false false false false false false false false false false false false false false false false false true false