SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) September 19, 1996
1999 Broadway Associates Limited Partnership
(Exact Name of Registrant as Specified in Its Charter)
Massachusetts
(State or Other Jurisdiction of Incorporation)
0-20273 04-6613783
(Commission File Number) (I.R.S. Employer Identification No.)
One International Place, Boston, Massachusetts 02110
(Address of Principal Executive Offices) (Zip Code)
(617) 330-8600
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Item 4. Changes in Registrant's Certifying Accountant
Effective September 19, 1996, the Registrant dismissed its
prior Independent Auditors, Arthur Andersen LLP ("Arthur
Andersen") and retained as its new Independent Auditors, Imowitz
Koenig & Co., LLP ("Imowitz Koenig"). Arthur Andersen's
Independent Auditors' Report on the Registrant's financial
statements for calendar year ended December 31, 1995, did not
contain an adverse opinion or a disclaimer of opinion, and were
not qualified or modified as to audit scope or accounting
principles. However, Arthur Andersen's Independent Auditor's
Report for the calendar year ended December 31, 1995 was modified
due to uncertainty regarding the Registrant's ability to continue
as a going concern since the Registrant had not satisfied its
then current obligations and had filed petitions for relief under
Chapter 11 of the federal bankruptcy laws in the United States
Bankruptcy Court. The decision to change Independent Auditors
was approved by the Registrant's managing general partner's
directors. During calendar year ended 1995 and through September
19, 1996, there were no disagreements between the Registrant and
Arthur Andersen on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope of
procedure which disagreements if not resolved to the satisfaction
of Arthur Andersen, would have caused it to make reference to the
subject matter of the disagreements in connection with its
reports.
Effective September 19, 1996, the Registrant engaged Imowitz
Koenig as its Independent Auditors. The Registrant did not
consult Imowitz Koenig regarding any of the matters or events set
forth in Item 304(a)(2) of Regulation S-B prior to September 19,
1996.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(c) Exhibits
16. Letter dated September 19, 1996 from Arthur
Andersen LLP.
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 hereunto duly authorized this
23rd day of September, 1996.
1999 BROADWAY ASSOCIATES LIMITED PARTNERSHIP
By: WINTHROP FINANCIAL ASSOCIATES, A LIMITED
PARTNERSHIP, Managing General Partner
By: /s/ Michael L. Ashner
Michael Ashner
Chief Executive Office
EXHIBIT INDEX
Exhibit Page
16. Letter from Arthur Andersen LLP dated September 5
19, 1996
Exhibit 16
September 19, 1996
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We have read item 4 included in the attached Form 8-K dated
September 19, 1996 of 1999 Broadway Associates Limited
Partnership to be filed with the Securities and Exchange
Commission and are in agreement with the statements contained
therein.
ARTHUR ANDERSEN LLP
