UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Winthrop Growth Investors 1 Limited Partnership,
a Massachusetts Limited Partnership
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(Name of Issuer)
Units of Limited Partnership Interest (and assignee interests therein)
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(Title of Class of Securities)
None
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(CUSIP Number)
Michael L. Ashner, LON-WGI Associates L.L.C.
100 Jericho Quadrangle, Suite 214
Jericho, New York 11735-2717
(516) 822-0022
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 28, 1997
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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-1(b)(3) or (4), check the following box |_|.
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
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 disclosures provided in a prior cover page.
The information required on 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).
Page 1 of 6
<PAGE>
CUSIP No. None
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
LON-WGI Associates L.L.C. Employer I.D.# [ ]
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group*
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
AF; WC
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 4,872 Units
Person --------------------------------------------------------
With 9 Sole Dispositive Power
0
--------------------------------------------------------
10 Shared Dispositive Power
4,872 Units
--------------------------------------------------------
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
4,872 Units
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
21.06%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6
<PAGE>
CUSIP No. None
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AP GP Win Master, Inc.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group*
a. |_|
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
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 4,872 Units(1)
Person --------------------------------------------------------
With 9 Sole Dispositive Power
0
--------------------------------------------------------
10 Shared Dispositive Power
4,872 Units(1)
--------------------------------------------------------
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
4,872 Units(1)
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
21.06%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) Represents Units owned by LON-WGI Associates L.L.C.
Page 3 of 6
<PAGE>
This Amendment No. 1 amends certain information contained in the final
amendment to Schedule 14D-1 (the "Final Amendment") filed by LON-WGI Associates
L.L.C., a Delaware limited liability company (the "Unitholder") on March 19,
1997, which constituted the initial filing on Schedule 13D by the Unitholder and
AP GP Win Master, Inc. under Section 13(d) of the Act. Terms not otherwise
defined herein shall have the meaning ascribed to them in the Final Amendment.
Item 4. Purpose of Transaction.
Item 4 is hereby amended as follows:
Pursuant to a Subcription and Purchase Agreement (the "Subscription and
Purchase Agreement"), dated as of October 28, 1997, by and between
Insignia Financial Group, Inc. ("Insignia") a Delaware corporation, and
IPT I, LLC, a Delaware limited liability company, the Unitholder and
several affiliates of the Unitholder, among other things, the Unitholder
agreed to sell all of the 4,872 Units owned by the Unitholder to
Insignia or its designee on or about April 30, 1998, for an aggregate
purchase price of $2,478,080.
Item 6. Contracts, Arrangements, Understandings or Relationships with respect
to the Securities of the issuer.
Item 6 is hereby amended as follows:
See Item 4 of this Amendment No. 1 for a description of the Subscription
and Purchase Agreement.
Page 4 of 6
<PAGE>
SIGNATURE
After reasonable inquiry, and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: December 9, 1997
LON-WGI ASSOCIATES, L.L.C
By: AP GP Win Master, L.P.
By: AP GP Win Master, Inc.,
its General Partner
By: AP Wem Associates L.P., Member
By: AP GP Win Master, L.P.,
its General Partner
By: /s/ Michael L. Ashner
------------------------------------
Name: Michael L. Ashner
Title: Vice President
AP GP WIN MASTER, INC.
By: /s/ Michael L. Ashner
------------------------------------
Name: Michael L. Ashner
Title: Vice President
Page 5 of 6
<PAGE>
Exhibit Index
Sequentially
Exhibit No. Description Numbered Page
- ----------- ----------- -------------
(a)(5) Joint Filing Agreement
dated March 19, 1997
Page 6 of 6
<PAGE>
Exhibit (a)(5)
<PAGE>
Joint Filing Agreement
In accordance with 13d-1(f) under the Securities Exchange Act of 1934, as
amended, the persons named below agree to the joint filing on behalf of each of
them of statments on Schedule 13D (including amendments thereto) with respect to
the units of limited partnership interest and assignee interests therein of
Winthrop Growth Investors 1 Limited Partnership and further agree that this
Joint Filing Agreement be included as an Exhibit to such joint filings. In
evidence thereof, the undersigned being duly authorized, have executed this
Joint Filing Agreement the 19th day of March, 1997.
Dated: March 19, 1997
LON-WGI ASSOCIATES, L.L.C
By: AP GP Win Master, L.P.
By: AP GP Win Master, Inc.,
its General Partner
By: AP Wem Associates L.P., Member
By: AP GP Win Master, L.P.,
its General Partner
By: /s/ Michael L. Ashner
------------------------------------
Name: Michael L. Ashner
Title: Vice President
AP GP WIN MASTER, INC.
By: /s/ Michael L. Ashner
------------------------------------
Name: Michael L. Ashner
Title: Vice President
