NorthStar Capital Investment Corp.
527 Madison Avenue, 16th Floor
New York, NY 10022
212-312-3400 (phone)
212-319-4557 (fax)
July 28, 1999
United States Securities and Exchange Commission
Division of Corporate Finance
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: NorthStar Capital Investment Corp. ("NorthStar")
Registration Statement on Form S-11
File No. 333-48319
Dear Sir or Madam:
Pursuant to Rule 477 of Regulation C under the Securities Act of
1933, notice is hereby respectfully given that NorthStar is withdrawing the
above referenced Registration Statement. In light of conditions in the
REIT equity market, NorthStar has determined that it is not advisable to
proceed with an offering of its equity securities at this time. There were
no sales under this Registration Statement.
If you need additional information to complete your documentation
of this withdrawal, please do not hesitate to contact me. I can be reached
at the above listed address and phone.
Very truly yours,
NorthStar Capital Investment Corp.
By: /s/ Richard J. McCready
------------------------------------
Richard J. McCready
Chief Operating Officer, Vice President
and Secretary
