SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 4, 2000
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THE FIRST REPUBLIC CORPORATION OF AMERICA
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(Exact name of registrant as specified in its charter)
Delaware 0-1437 13-1938454
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(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation or organization Identification No.)
302 Fifth Avenue, New York, NY 10001
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(Address of principal executive office (Zip Code)
Registrant's telephone number, including area code: (212) 279-6100
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Former name, former address and former fiscal year, if changed since
last report:
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Item 2. Acquisition or Disposition of Assets
On October 4, 2000, Registrant sold the office building owned by it at 250 West
39th Street, New York, New York to 250 West 39th Street, LLC, an unaffiliated
third party, for $20,800,000. The property was owned by Registrant free and
clear of mortgages. After deducting expenses and adjustments of approximately
$750,000, Registrant received net proceeds of approximately $20,050,000.
Registrant recognized a gain of approximately $18,600,000 in connection with the
sale.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE FIRST REPUBLIC CORPORATION OF AMERICA
Registrant
Dated: October 10, 2000 /s/ Stephen L. Bernstein
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Stephen L. Bernstein
Vice President