CORPORATE REALTY INCOME FUND I L P
NT 10-Q, 1999-08-16
REAL ESTATE
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 12b-25

                                                  Commission File Number O-15796

                           NOTIFICATION OF LATE FILING

(Check One):  [_]  Form 10-K  [_]  Form 11-K    [_]  Form 20-F    [X]  Form 10-Q

[_] Form N-SAR

     For Period Ended: June 30, 1999


[_] Transition Report on Form 10-K           [_] Transition Report on Form 10-Q

[_] Transition Report on Form 20-F           [_] Transition Report on Form N-SAR

[_] Transition Report on Form 11-K

     For the Transition Period Ended: _________________________

     Read attached  instruction  sheet before  preparing  form.  Please print or
type.

     Nothing in this form shall be  construed to imply that the  Commission  has
verified any information contained herein.

     If the  notification  relates  to a portion of the  filing  checked  above,
identify the item(s) to which the notification relates: ______________________


                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant Corporate Realty Income Fund I, L.P.


Former name if applicable ____________________________________________________


Address of principal executive office (street and number)
 475 Fifth Avenue, 21st Floor

City, state and zip code   New York, New York 10017


                                     PART II
                             RULE 12b-25 (b) AND (c)

     If the subject  report could not be filed  without  unreasonable  effort or
expense  and  the  registrant  seeks  relief  pursuant  to Rule  12b-25(b),  the
following should be completed. (Check box if appropriate.)

          (a) The reasons  described  in  reasonable  detail in Part III of this
          form could not be eliminated without unreasonable effort or expense;

          (b) The subject annual report,  semi-annual report,  transition report
          on Form 10-K,  20-F,  11-K or Form N-SAR,  or portion  thereof will be
 [X]      filed on or before the 15th calendar day following the  prescribed due
          date; or the subject  quarterly  report or  transition  report on Form
          10-Q, or portion thereof will be filed on or before the fifth calendar
          day following the prescribed due date; and

          (c) The  accountant's  statement  or other  exhibit  required  by Rule
          12b-25(c) has been attached if applicable.


<PAGE>



                                    PART III
                                    NARRATIVE

     State below in  reasonable  detail the reasons why Form 10-K,  11-K,  20-F,
10-Q,  N-SAR or the transition  report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)

     The  registrant's  quarterly report on Form 10-Q for the quarter ended June
30, 1999 could not be filed  within the  prescribed  time period  because of the
closing of a $32,000,000  mortgage  financing on August 10, 1999, which occupied
the time and attention of the registrant's  management and which has impacted on
management's discussion of financial condition.


                                     PART IV
                                OTHER INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
notification

     James J. D'Esposito                            (212) 269-1400
           (Name)                              (Area Code)   (Telephone Number)

(2) Have all other  periodic  reports  required under Section 13 or 15(d) of the
Securities  Exchange Act of 1934 or Section 30 of the Investment  Company Act of
1940  during  the  preceding  12  months  or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                                                           [X]  Yes   [_]   No

(3) Is it anticipated that any significant  change in results of operations from
the  corresponding  period for the last  fiscal  year will be  reflected  by the
earnings statements to be included in the subject report or portion thereof?

                                                           [_]  Yes   [X]   No

     If so: attach an explanation of the anticipated  change,  both  narratively
and  quantitatively,  and, if  appropriate,  state the reasons why a  reasonable
estimate of the results cannot be made.


                      Corporate Realty Income Fund I, L.P.
                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.

Date   August 16, 1999            By  /s/ Robert F. Gossett, Jr.
                                      ---------------------------------------
                                      Robert F.  Gossett,  Jr.,
                                      Individual  General  Partner  and
                                      President  of 1345  Realty  Corporation,
                                      Corporate  General Partner

     Instruction.  The  form  may  be  signed  by an  executive  officer  of the
     registrant  or by any other duly  authorized  representative.  The name and
     title of the person signing the form shall be typed or printed  beneath the
     signature.  If the  statement is signed on behalf of the  registrant  by an
     authorized  representative  (other than an executive officer),  evidence of
     the representative's authority to sign on behalf of the registrant shall be
     filed with the form.

                                    ATTENTION

Intentional  misstatements  or omissions  of fact  constitute  Federal  criminal
violations (see 18 U.S.C. 1001).



<PAGE>



                              GENERAL INSTRUCTIONS

     1.  This  form  is  required  by  Rule  12b-25  of the  General  Rules  and
Regulations under the Securities Exchange Act of 1934.

     2.  One  signed  original  and  four  conformed  copies  of this  form  and
amendments  thereto must be completed and filed with the Securities and Exchange
Commission,  Washington,  D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information  contained in or filed with
the form will be made a matter of the public record in the Commission files.

     3. A manually signed copy of the form and amendments thereto shall be filed
with each national  securities  exchange on which any class of securities of the
registrant is registered.

     4.  Amendments  to the  notification  must also be filed on Form 12b-25 but
need not restate information that has been correctly  furnished.  The form shall
be clearly identified as an amended notification.

     5.  Electronic  Filers.  This form shall not be used by  electronic  filers
unable to timely file a report  solely due to  electronic  difficulties.  Filers
unable to submit a report within the time period  prescribed due to difficulties
in  electronic  filing  should  comply  with  either  Rule  201 or  Rule  202 of
Regulation  S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.




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