UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 1)*
DVL, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
233347103
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(CUSIP Number)
Howard S. Jacobs, Esq.
Rosenman & Colin LLP
575 Madison Avenue
New York, New York 10022
212-940-8800
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
None
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(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-l(e), 13d-1(f) or 13d-1(g), check the
following box |_|.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following pages)
(Page 1 of 4 Pages)
<PAGE>
CUSIP No. 233347103 SCHEDULE 13D Page 2 of 4 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Keith B. Stein
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A (See explanation below)
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
N/A (See explanation below)
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7 SOLE VOTING POWER
N/A (See explanation below)
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY N/A (See explanation below)
OWNED BY --------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON N/A (See explanation below)
WITH --------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
N/A (See explanation below)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
N/A (See explanation below)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
N/A (See explanation below)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 3 of 4 Pages
This Amendment No. 1 (this "Amendment") amends the Schedule 13D
jointly filed with the Securities and Exchange Commission on April 18, 1997 (the
"Schedule 13D") by Adam Frieman, Gary L. Shapiro, Jan Sirota, Joseph Huston,
Michael Zarriello, Neal Polan, Peter Offermann, Robert W. Barron, Keith B.
Stein, Stephen L. Gurba, The SIII Associates Limited Partnership and Third
Addison Park Corporation, relating to the common stock, par value $.01 per
share, of DVL, Inc., a Delaware corporation.
By this Amendment, Keith B. Stein hereby removes himself as a joint
filer from the Schedule 13D and any amendments thereto. Mr. Stein is fulfilling
his filing obligations under Rule 13d of the Securities Exchange Act of 1934
through the filing of an alternative amended joint filing on Schedule 13D with
Jay Chazanoff, Lawrence J. Cohen, Milton Neustadter, Ron Jacobs and Stephen
Simms of even date herewith.
<PAGE>
Page 4 of 4 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.
Date: September 24, 1999 /s/ Keith B. Stein
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KEITH B. STEIN
