<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 6)
Forest City Enterprises, Inc.
(Name of Issuer)
Class B Common Stock, par value $.33 1/3 per share
(Title of Class of Securities)
345550305
(CUSIP Number)
Steven Roth
Interstate Properties
Park 80 West
Plaza II
Saddle Brook, New Jersey 07663
(201) 587-1000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Copy to:
Janet T. Geldzahler
Sullivan & Cromwell
125 Broad Street
New York, New York 10004
(212) 558-3869
February 24, 1995
(Date of Event which Requires Filing of this Statement)
If a 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 [ ].
Check the following box if a fee is being paid with this statement [ ].
<PAGE>
<PAGE> 2
- --------------------
CUSIP NO. 345550305
- --------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Interstate Properties
22-1858622
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ X]
(b) [ ]
- ------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
- ------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- ------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 189,300
EACH ----------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH ----------------------------------------
10 SHARED DISPOSITIVE POWER
189,300
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
189,300
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ X ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------
<PAGE>
<PAGE> 3
- --------------------
CUSIP NO. 345550305
- --------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven Roth
###-##-####
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ X]
(b) [ ]
- ------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
- ------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- ------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 1,750
SHARES ----------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 189,300(1)
EACH ----------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 1,750
WITH ----------------------------------------
10 SHARED DISPOSITIVE POWER
189,300
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
191,050
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ X]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------
(1) In his capacity as a general partner of Interstate Properties.
<PAGE>
<PAGE> 4
- --------------------
CUSIP NO. 345550305
- --------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Russell B. Wight, Jr.
###-##-####
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ X]
(b) [ ]
- ------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
- ------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- ------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 1,150
SHARES ----------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 189,300(1)
EACH ----------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 1,150
WITH ----------------------------------------
10 SHARED DISPOSITIVE POWER
189,300(1)
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
190,450
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ X]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------
(1) In his capacity as a general partner of Interstate Properties.
<PAGE>
<PAGE> 5
This Amendment No. 6 amends the Schedule 13D Statement originally
filed by Interstate Properties, Steven Roth and Russell B. Wight, Jr. on
January 15, 1987 with respect to the Class B Common Stock, par value $.33 1/3
per share (the "Class B Stock"), of Forest City Enterprises, Inc., an Ohio
corporation ("Forest City").
Item 5. Interest in Securities of the Issuer.
(a) As of the close of business on February 24, 1995,
Interstate Properties, Mr. Roth and Mr. Wight own in the aggregate
192,200 shares of Class B Stock, which constitutes approximately 4.9%
of the outstanding shares of Class B Stock, based on 3,845,388 of such
shares outstanding as of November 29, 1994 according to Forest City's
Form 10-Q for the quarter ended October 31, 1994. Interstate Properties
owns 189,300 shares of Class B Common Stock, Mr. Roth owns 1,750 shares of
Class B Common Stock and Mr. Wight owns 1,150 shares of Class B Common
Stock.
(b) As general partners of Interstate, Messrs. Roth, Wight
and Mandelbaum may be deemed to share the power to vote or to direct the
vote or to dispose or to direct the disposition of the 189,300 shares of
Class B Stock held by Interstate. Mr. Roth has the sole power to vote and
to dispose or to direct the disposition of 1,750 shares of Class B Stock
held by him, and Mr. Wight has the sole power to vote and to dispose of the
1,150 shares of Class B Stock held by him.
<PAGE>
<PAGE> 6
(c) Within the past 60 days, Interstate Properties sold the
following shares of Class B Common Stock:
Date Number Sold Price per Share
1/26/95 2,000 $30 3/4
1/27/95 1,000 31 1/4
2/7/95 1,000 31 3/8
2/13/95 1,000 32 1/4
2/14/95 1,000 32 3/8
2/15/95 1,000 32 5/8
2/15/95 1,000 32 7/8
2/15/95 1,000 33 1/8
2/16/95 1,000 33 3/8
2/17/95 1,000 33 5/8
2/17/95 1,000 33 7/8
2/21/95 1,000 34 1/8
2/22/95 500 34 3/8
2/23/95 1,000 34 7/8
2/23/95 1,000 34 5/8
2/23/95 500 35 1/8
2/23/95 500 34 5/8
2/24/95 500 35 1/8
(e) On February 24, 1995, the reporting persons
ceased to be the beneficial owner of more than five percent of
the Class B Common Stock.
<PAGE>
<PAGE> 7
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.
Dated: February 27, 1995
INTERSTATE PROPERTIES
By: /s/ Steven Roth
Steven Roth
General Partner
<PAGE>
<PAGE> 8
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.
Dated: February 27, 1995
By: /s/ Steven Roth
Steven Roth
<PAGE>
<PAGE> 9
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.
Dated: February 27, 1995
By: /s/ Russell B. Wight, Jr.
Russell B. Wight, Jr.
