2013-11-14T17:07:22-06:00 2012-12-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2012-01-01 020542979 NEW COLISEUM PROPERTIES INC % MATTHEW GELISH NEWC 2126480204 PO BOX 5005 Suite NEW YORK NY 10163 JOSEPH M PISTONE 2126480204 2013-11-14 true 2127589700 2012 2016-02-25 16:41:14Z DANIEL J VOLPANO PO BOX 5005 NEW YORK NY 10163 3298959 false X N/A X 2002 DE THE EXEMPT PURPOSE OF THE ORGANIZATION WAS TO HOLD TITLE TO REAL PROPERTY FOR THE BENEFIT OF ITS PARENT ORGANIZATION, THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK UNTIL DISPOSITION OCCURRED. X 12 12 0 12 0 0 0 0 0 0 0 0 13014885 3298959 13014885 3298959 0 0 0 0 0 0 0 0 0 10968742 3434391 10968742 3434391 2046143 -135432 103078676 721059 64804650 656726 38274026 64333 X SEE SCHEDULE O. false true THE ORGANIZATION WAS WHOLLY OWNED BY THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK UNTIL DISPOSITION OCCURRED ON APRIL 16, 2012. false false false false false false false false false false false false false true 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 true true true false false true 0 0 true 0 false false false false false false X 12 12 false false false false true true true true true false false true false false false false NC X MATTHEW GELISH 2126480204 270 PARK AVENUE 7TH FLOOR NEW YORK NY 10017 X DANIEL J VOLPANO 3.0 0.0 X X ALFRED W DORT 3.0 0.0 X X JOSEPH B DOBRONYI JR 3.0 0.0 X MARK J BONAPACE 3.0 0.0 X X FREDERICK N SHEPPARD 3.0 0.0 X PATRICK J MURPHY 3.0 0.0 X KATHLEEN BARABAS 3.0 0.0 X NINA D METTLEMAN 3.0 0.0 X SCOTT M MACDONALD 3.0 0.0 X JOHN S HARRIS 3.0 0.0 X KELLY M LAMENDOLA 3.0 0.0 X BENJAMIN G GIFFORD 3.0 0.0 X 0 false false false THE BUDD GROUP INC 2325 S STRATFORD ROAD WINSTON SALEM NC 27103 JANITORIAL 265960 CBRE INC DEPT 8844 LOS ANGELES CA 900848844 MANAGEMENT SERVICES 300459 JP MORGAN FLEMING ASSET MGMT INC PO BOX 27169 NEW YORK NY 100877169 ASSET MANAGEMENT 892330 3 0 0 0 0 0 3298959 3298959 0 3298959 3298959 0 0 0 0 0 3298959 0 3298959 0 0 0 0 0 0 0 0 0 0 47960 23493 42601 0 0 212115 760256 2506 17609 0 0 820184 1119 0 0 1488809 0 0 0 OTHER EXPENSES 17739 3434391 5148168 622901 2208070 0 0 0 83387 5072 0 0 0 0 0 0 0 0 139051 93086 0 0 95500000 0 0 0 0 0 0 0 0 0 0 0 103078676 721059 1059468 9802 0 0 641799 0 0 0 0 0 0 0 62679481 0 0 0 423902 646924 64804650 656726 X 100 100 148698383 154038383 -110424457 -153974150 38274026 64333 103078676 721059 X -135432 7070684 -45144945 X X false false false 0 TENANT SECURITY DEPOSITS 0 INCENTIVE FEE PAYABLE 100000 OTHER LIABILITIES 546924 646924 SALE OF RENTAL REAL ESTATE PROPERTIES 2012-04-16 103250000 Executed PSA 800800422 Carval Investors LLC 12700 Whitewater Drive Minnetonka MN 55343 LLC DISTRIBUTION OF PROCEEDS FROM SALE 2012-04-16 103250000 EXECUTED PSA 146103815 THE COMMON RETIREMENT FUND OF NY ST 110 STATE STREET 14TH FL ALBANY NY 12236 414(d) false false false false SCHEDULE N, PART II, LINE 1 ON FEBRUARY 29, 2012, NEW COLISEUM PROPERTIES, INC. ENTERED INTO A PURCHASE AND SALE AGREEMENT WITH AN UNRELATED PARTY FOR THE SALE OF THE RENTAL PROPERTIES FOR $103,250,000. THIS ASSET SALE CLOSED ON APRIL 16, 2012. NEW COLISEUM THEN DISTRIBUTED THE PROCEEDS FROM THE SALE TO THE COMMON RETIREMENT FUND OF NEW YORK STATE. 990 PART III ORGANIZATION'S MISSION NEW COLISEUM PROPERTIES, INC. (NCPI), A TAX-EXEMPT ORGANIZATION, WAS WHOLLY OWNED BY THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK UNTIL DISPOSITION OCCURRED ON APRIL 16, 2012. 990 PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - POLICIES LINE 6 AND 7 THE COMPTROLLER OF THE STATE OF NEW YORK, AS TRUSTEE OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, IS THE SOLE STOCKHOLDER OF NCPI. THE SOLE STOCKHOLDER HAS THE POWER TO ELECT MEMBERS OF NCPI'S GOVERNING BODY AND MUST APPROVE ALL SIGNIFICANT BUSINESS TRANSACTIONS AND GOVERNANCE POLICIES (INCLUDING ENTERING INTO CONTRACTS, INITIATING LEGAL PROCEEDINGS, OPENING ACCOUNTS, AND AMENDING NCPI'S BY-LAWS). LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE COMPANY AND IN CONSULTATION WITH THE COMPANY'S INVESTMENT ADVISORS, JP MORGAN. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY THE FINANCE AND LEGAL STAFF OF THE COMPANY'S INVESTMENT ADVISORS, JP MORGAN. THE COMPANY'S BOARD OF DIRECTORS HAS DELEGATED TO A SUBSET OF THE COMPANY'S BOARD THE AUTHORITY TO APPROVE THE FORM 990. THE FINAL VERSION IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. LINES 12, 13, 14 ALTHOUGH NEW COLISEUM PROPERTIES, INC. DOES NOT MAINTAIN SEPARATE CONFLICT OF INTEREST, WHISTLEBLOWER AND RECORD RETENTION POLICIES, IT IS GOVERNED BY THOSE POLICIES OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, A RELATED ORGANIZATION. 990 PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION C - DISCLOSURE LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY OF THE COMMON RETIREMENT FUND OF THE STATE OF NEW YORK, A RELATED ORGANIZATION, AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 990 PART XI, LINE 9 OTHER CHANGES IN NET ASSETS DISTRIBUTION FROM THE SALE PROCEEDS OF ASSETS.......... ($45,144,945) 990 PART XII, LINE 2 AUDITED FINANCIAL STATEMENTS WITH NO LENDER REQUIREMENT DUE TO THE DISPOSITION OF ASSETS, NEW COLISEUM PROPERTIES, INC. ELECTED TO WAIVE A FINAL AUDIT. COLISEUM TRANSFER INC 245 PARK AVENUE NEW YORK NY 10167 REAL ESTATE DE NA COLISEUM GROUND 1 INC 245 PARK AVENUE NEW YORK NY 10167 REAL ESTATE DE NA COLISEUM GROUND 2 INC 245 PARK AVENUE NEW YORK NY 10167 REAL ESTATE DE NA THE COMMON RETIREMENT FUND OF NY STATE 110 STATE STREET 14TH FLOOR ALBANY NY 12236 RETIREMENT FD NY N/A NA false false false false false false false false false false false false false false false false false true true PART I, COLUMNS D AND E ------------------------ UNDER IRC SECTION 501(C)(25)(E)(I), THE INCOME AND ASSETS OF THESE ENTITIES ARE TREATED AS THE INCOME AND ASSETS OF THE FILING ORGANIZATION, NEW COLISEUM PROPERTIES, INC.