-----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, BzwgknEMRpWFNASqCfIE9OCQxIwe3fFgXR3Cew4v6wjIHt0DDUWDd0kWbCYX9hJK TCv6VNo8CWPdUpuK30rCoA== 0000769993-98-000140.txt : 19980617 0000769993-98-000140.hdr.sgml : 19980617 ACCESSION NUMBER: 0000769993-98-000140 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980616 SROS: AMEX GROUP MEMBERS: GOLDMAN SACHS GROUP LP GROUP MEMBERS: GOLDMAN, SACHS & CO. GROUP MEMBERS: WH ADVISORS, INC. VII GROUP MEMBERS: WH ADVISORS, L.P. VII GROUP MEMBERS: WHATR GEN-PAR, INC. GROUP MEMBERS: WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP VII GROUP MEMBERS: WHWEL REAL ESTATE LIMITED PARTNERSHIP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WELLSFORD REAL PROPERTIES INC CENTRAL INDEX KEY: 0001038222 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133926898 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51221 FILM NUMBER: 98649124 BUSINESS ADDRESS: STREET 1: 610 FIFTH AVENUE SEVENTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2123332300 MAIL ADDRESS: STREET 1: 610 FIFTH AVENUE SEVENTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP LP CENTRAL INDEX KEY: 0000904571 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133501777 STATE OF INCORPORATION: NY FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129021000 MAIL ADDRESS: STREET 1: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13-D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 AMENDMENT NO. 2 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 WELLSFORD REAL PROPERTIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 950240101 - -------------------------------------------------------------------------------- (CUSIP Number) David J. Greenwald, Esq. Goldman, Sachs & Co. 85 Broad Street, New York, New York 10004 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 14, 1998 - -------------------------------------------------------------------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|. - --------------------- CUSIP NO. 950240101 - --------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WHWEL REAL ESTATE LIMITED PARTNERSHIP - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,230 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,230 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,230 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- PAGE 2 OF 14 PAGES - --------------------- CUSIP NO. 950240101 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WHATR GEN-PAR, INC. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,230 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,230 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,230 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- PAGE 3 OF 14 PAGES - --------------------- CUSIP NO. 950240101 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP VII - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,230 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,230 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,230 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- PAGE 4 OF 14 PAGES - --------------------- CUSIP NO. 950240101 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WH ADVISORS, L.P. VII - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,230 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,230 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,230 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- PAGE 5 OF 14 PAGES - -------------------- CUSIP NO. 950240101 - -------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WH ADVISORS, INC. VII - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,230 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,230 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,230 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- PAGE 6 OF 14 PAGES - --------------------- CUSIP NO. 950240101 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON THE GOLDMAN SACHS GROUP, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,480 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,480 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,480 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON HC/PN - -------------------------------------------------------------------------------- PAGE 7 OF 14 PAGES - --------------------- CUSIP NO. 950240101 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GOLDMAN, SACHS & CO. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [X] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 4,132,480 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 4,132,480 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,132,480 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN/BD/IA - -------------------------------------------------------------------------------- PAGE 8 OF 14 PAGES WHWEL Real Estate Limited Partnership ("WHWEL"), WHATR Gen-Par, Inc. ("WHATR Gen-Par"), Whitehall Street Real Estate Limited Partnership VII ("Whitehall"), WH Advisors, L.P. VII ("WH Advisors, L.P.") , WH Advisors, Inc. VII ("WH Advisors, Inc."), The Goldman Sachs Group, L.P. ("GS Group"), and Goldman, Sachs & Co. ("GS&Co.", and collectively with WHWEL, WHATR Gen-Par, Whitehall, WH Advisors, L.P., WH Advisors, Inc. and GS Group, the "Reporting Persons")/1/ hereby amend the report on Schedule 13D, as most recently amended by Amendment No. 1 thereto dated August 28, 1997 (as amended, the "Schedule 13D"), filed by the Reporting Persons with respect to the Common Stock, $0.01 par value per share (the "Common Stock"), of Wellsford Real Properties, Inc., a Maryland corporation (the "Company"). Goldman Sachs and GS Group may be deemed, for purposes of this Statement, to beneficially own shares of Common Stock through WHWEL. WHWEL owns Warrants (the "Warrants") which are convertible into shares of Common Stock. Goldman Sachs and GS Group each disclaims beneficial ownership of shares of Common Stock beneficially owned by WHWEL to the extent of partnership interests in WHWEL held by persons other than Goldman Sachs, GS Group or their affiliates. In addition, Goldman Sachs and GS Group may be deemed to beneficially own shares of Common Stock held in client accounts with respect to which Goldman Sachs or employees of Goldman Sachs have voting or investment discretion, or both ("Managed Accounts"). Goldman Sachs and GS Group disclaim beneficial ownership of the shares of Common Stock held in Managed Accounts. Goldman Sachs and GS Group may also be deemed to beneficially own from time to time shares acquired in ordinary course trading activities by Goldman Sachs. Unless otherwise indicated, all capitalized terms used but not defined herein shall have the same meaning ascribed to them in the Schedule 13D. This Amendment No. 2 is being filed to report a decrease in the percentage of the outstanding shares of Common Stock which may be deemed to be beneficially owned by the Reporting Persons which change was solely as a result of an increase in the number of shares of Common Stock reported to be outstanding by the Company in its most recent report on Form 10-Q for the quarter ended March 31, 1998 (the "Company's 10-Q"). /1/ Neither the present filing nor anything contained herein shall be construed as an admission that any Filing Person constitutes a "person" for any purposes other than Section 13(d) of the Securities Exchange Act of 1934. PAGE 9 OF 14 PAGES Item 5 is hereby amended and restated as follows: Item 5. Interest in Securities of the Issuer. (a) The Warrants are exercisable for 4,132,230 shares of Common Stock, representing approximately 17.1% of the Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, WHWEL beneficially owned such shares of Common Stock. As of June 11, 1998, WHATR Gen-Par, as the general partner of WHWEL, may be deemed to beneficially own 4,132,230 shares of Common Stock, which are beneficially owned by WHWEL as described above, representing approximately 17.1% of the shares of Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, Whitehall, as the direct beneficial owner of all of the capital stock of WHATR Gen-Par, may be deemed to beneficially own 4,132,230 shares of Common Stock, which are beneficially owned by WHWEL as described above, representing approximately 17.1% of the shares of Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, WH Advisors, L.P., as the general partner of Whitehall, may be deemed to beneficially own 4,132,230 shares of Common Stock, which are beneficially owned by WHWEL as described above, representing approximately 17.1% of the shares of Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, WH Advisors, Inc., as the general partner of WH Advisors, L.P., may be deemed to beneficially own 4,132,230 shares of Common Stock, which are beneficially owned by WHWEL as described above, representing approximately 17.1% of the shares of Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, GS&Co., as the investment advisor to Whitehall, may be deemed to beneficially own an aggregate of 4,132,480 shares of Common Stock, including (i) the 4,132,230 shares of Common Stock beneficially owned by WHWEL described above, and (ii) 250 shares of Common Stock held in Managed Accounts, representing in the aggregate approximately 17.1% of the Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). As of June 11, 1998, GS Group, as the direct beneficial owner of all of the capital stock of WH Advisors, Inc. and as a general partner of GS&Co., may be deemed to beneficially own an aggregate of 4,132,480 shares of Common Stock, including (i) the 4,132,230 shares of Common Stock beneficially owned by WHWEL described above, and (ii) 250 shares of Common Stock held in Managed Accounts, representing in the aggregate approximately 17.1% of the Common Stock reported to be outstanding as of May 14, 1998 (as reported in the Company's 10-Q). GS Group and GS&Co. disclaim beneficial ownership of (i) the shares of Common Stock beneficially owned by WHWEL to the extent of partnership interests in WHWEL held by persons other than GS Group, GS&Co. or their affiliates and (ii) the shares of Common Stock held in Managed Accounts. None of the Reporting Persons beneficially owns any shares of Common Stock as of June 11, 1998 other than as set forth herein. (b) Each Reporting Person shares the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock beneficially owned by such Reporting Person as indicated in the second through eighth pages of this filing. (c) No transactions in the Common Stock were effected by the Reporting Persons or, to their knowledge, any of the persons listed on Schedules 2A, 2B or 2C hereto, during the period from March 15, 1998 through June 11, 1998. (d) Except for clients of Goldman Sachs who may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any shares of Common Stock held in Managed Accounts, no other person is known by any Filing Person to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any shares of Common Stock beneficially owned by any Filing Person. (e) Not Applicable. PAGE 10 OF 14 PAGES SIGNATURE Each Reporting Person certifies that, after reasonable inquiry and to the best of such Reporting Person's knowledge and belief, the information set forth in this Statement is true, complete and correct. Dated: June 16, 1998 WHWEL REAL ESTATE LIMITED PARTNERSHIP By: WHATR Gen-Par, Inc., its general partner By: /s/ David M. Weil Name: David M. Weil Title: Vice President WHATR GEN-PAR, INC. By: /s/ David M. Weil Name: David M. Weil Title: Vice President WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP VII By: WH Advisors, L.P. VII, its general partner By: WH Advisors, Inc. VII, its general partner By: /s/ David M. Weil Name: David M. Weil Title: Vice President WH ADVISORS, L.P. VII By: WH Advisors, Inc. VII, its general partner By: /s/ David M. Weil Name: David M. Weil Title: Vice President WH ADVISORS, INC. VII By: /s/ David M. Weil Name: David M. Weil Title: Vice President THE GOLDMAN SACHS GROUP, L.P. By: /s/ Hans L. Reich Name: Hans L. Reich Title: Attorney-in-fact GOLDMAN, SACHS & CO. By: /s/ Hans L. Reich Name: Hans L. Reich Title: Attorney-in-fact PAGE 11 OF 14 PAGES SCHEDULE 2A ----------- The name, position and present principal occupation of each director and executive officer of WHATR Gen-Par, Inc. which is the sole general partner of WHWEL Real Estate Limited Partnership, are set forth below. The business address of all the executive officers and directors listed below except G. Douglas Gunn, Todd A. Williams and Angie D. Madison is 85 Broad Street, New York, New York 10004. The business address of G. Douglas Gunn, Todd A. Williams and Angie D. Madison is 100 Crescent Court, Suite 1000, Dallas, TX 75201. All executive officers and directors listed below are United States citizens. Name Position Present Principal Occupation ---- -------- ---------------------------- Rothenberg, Stuart M. Director/Vice President Managing Director of Goldman, Sachs & Co. Neidich, Daniel M. President Managing Director of Goldman, Sachs & Co. O'Brien, Elizabeth A. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Weil, David M. Vice President Vice President of Goldman, Sachs & Co. Rosenberg, Ralph F. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Williams, Todd A. Vice President/Assistant Managing Director of Goldman, Sachs & Co. Secretary/Assistant Treasurer Naughton, Kevin D. Vice President/ Secretary/Treasurer Vice President of Goldman, Sachs & Co. Siskind, Edward M. Vice President/Assistant Treasurer Vice President of Goldman, Sachs & Co. Klingher, Michael K. Vice President Vice President of Goldman, Sachs & Co. Gunn, G. Douglas Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Lahey, Brian J. Vice President/Assistant Treasurer Vice President of Goldman, Sachs & Co. Kava, Alan S. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Feldman, Steven M. Vice President Vice President of Goldman, Sachs & Co. Madison, Angie D. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Weiss, Mitchell S. Assistant Treasurer Vice President of Goldman, Sachs & Co. PAGE 12 OF 14 PAGES SCHEDULE 2B ----------- The name, position and present principal occupation of each director and executive officer of WH Advisors, Inc. VII, the sole general partner of WH Advisors, L.P. VII, which is the sole general partner of Whitehall Street Real Estate Limited Partnership VII, are set forth below. The business address of all the executive officers and directors listed below except G. Douglas Gunn Todd A. Williams, Angie D. Madison, Richard E. Georgi III and Barry S. Volpert is 85 Broad Street, New York, New York 10004. The business address of G. Douglas Gunn, Todd A. Williams and Angie D. Madison is 100 Crescent Court, Suite 1000, Dallas, TX 75201. The business address of Richard E. Georgi III and Barry S. Volpert is 133 Fleet Street, London EC4A 2BB, England. All executive officers and directors listed below are United States citizens. Name Position Present Principal Occupation ---- -------- ---------------------------- Rothenberg, Stuart M. Director/Vice President Managing Director of Goldman, Sachs & Co. Neidich, Daniel M. President Managing Director of Goldman, Sachs & Co. O'Brien, Elizabeth A. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Georgi III, Richard E. Vice President Vice President of Goldman Sachs International Weil, David M. Vice President Vice President of Goldman, Sachs & Co. Rosenberg, Ralph F. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Williams, Todd A. Vice President/Assistant Managing Director of Goldman, Sachs & Co. Secretary/Assistant Treasurer Naughton, Kevin D. Vice President/ Secretary/Treasurer Vice President of Goldman, Sachs & Co. Siskind, Edward M. Vice President/Assistant Treasurer Vice President of Goldman, Sachs & Co. Klingher, Michael K. Vice President Vice President of Goldman, Sachs & Co. Gunn, G. Douglas Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Volpert, Barry S. Vice President Managing Director of Goldman Sachs International Lahey, Brian J. Vice President/Assistant Treasurer Vice President of Goldman, Sachs & Co. Kava, Alan S. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Feldman, Steven M. Vice President Vice President of Goldman, Sachs & Co. Madison, Angie D. Vice President/Assistant Secretary Vice President of Goldman, Sachs & Co. Weiss, Mitchell S. Assistant Treasurer Vice President of Goldman, Sachs & Co. PAGE 13 OF 14 PAGES SCHEDULE 2C ----------- The name of each director of The Goldman Sachs Corporation and The Goldman, Sachs & Co. L.L.C. and of each member of the executive committees of The Goldman Sachs Corporation, The Goldman, Sachs & Co. L.L.C., The Goldman Sachs Group, L.P. and Goldman, Sachs & Co. is set forth below. The business address of each person listed below except John A. Thain and John L. Thornton is 85 Broad Street, New York, NY 10004. The business address of John A. Thain and John L. Thornton is 133 Fleet Street, London EC4A 2BB, England. Each person is a citizen of the United States of America. The present principal occupation or employment of each of the listed persons is as a managing director of Goldman, Sachs & Co. or another Goldman Sachs operating entity and as a member of the executive committee. Jon Z. Corzine Henry M. Paulson, Jr. Roy J. Zuckerberg Robert J. Hurst John A. Thain John L. Thornton PAGE 14 OF 14 PAGES
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