UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE A 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
Filed by the Registrant [XX]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for use of the Commission Only
[ ] Definitive Proxy Statement
[XX] Definitive Additional Materials
[ ] Soliciting Material Pursuant to 240.14a-11(c) or
240.14a-12
Commission File No. 0-2673
Navarre-500 Building Associates
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement,
if other than Registrant)
Payment of Filing Fee (Check the appropriate box):
[ ] No fee required
[XX] Fee computed on table below per Exchange Act Rules
14a-6(i)(4) and 0-11.
1) Title of each class of securities to which
transaction applies:.Participations.
2) Aggregate number of securities to which
transaction applies: $3,200,000 original investment
amount.
3) Per unit price or other underlying value of
transaction computed pursuant to Exchange Act Rule 0-11
(set forth the amount on which the filing fee is
calculated and determined): The fee is equal to 1/50th
of 1% of the assumed fair market value of the Property,
which is presumed to be the aggregate of the cash to be
received by the Registrant.
4) Proposed maximum aggregate value of transaction:
$40,000,000.
5) Total fee paid:. $8,000.
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided
by Exchange Act Rule 0-11(a)(2) and identify the filing
for which the offsetting fee was paid previously.
Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its
filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
Schedule 14A.
3) Filing Party: Registrant
4) Date Filed: October 16, 1998
-1-
NAVARRE - 500 BUILDING ASSOCIATES
c/o Wien & Malkin LLP
60 East 42nd Street
New York, NY 10165-0015
Telephone (212) 687-8700
Telecopier (212) 986-7679
August 3, 1999
TO NON-RESPONDING PARTICIPANTS IN NAVARRE-500 BUILDING
ASSOCIATES:
I am pleased to advise you that we have received
responses from a majority of the Participants in both Groups
approving the program recommended in the Agents' letter of
July 15, 1999. Because we have not received your response,
I am enclosing a duplicate Consent Form.
The Agents strongly recommend that you consent by
promptly signing and returning the enclosed Consent Form in
the self-addressed envelope. If you have any question,
please communicate with Stanley Katzman, Mark Labell, Thomas
N. Keltner, Jr., Richard A. Shapiro or Alvin Silverman,
partners in Wien & Malkin LLP, by mail at 60 East 42nd
Street, New York, New York, 10165, by telephone at (212)
687-8700 or by fax at (212) 986-7679.
Sincerely,
Peter L. Malkin
Encs.
