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FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
WASHINGTON, D.C. 20549 OMB Number 3235-0104
Expires: April 30, 1997
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Estimated average burden
hours per response......0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section
30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person 2. Date of Event Re- 4. Issuer Name and Ticker or Trading Symbol
Gotham Partners, L.P./Section H quiring Statement
Partners, L.P./William Ackman/ (Month/Day/Year) Hallwood Realty Partners, L.P.
David P. Berkowitz HRY
(Last) (First) (Middle) July 23, 1996
5. Relationship of Reporting Person to Issuer 6. If Amendment,
c/o Gotham Partners, L.P. (Check all applicable) Date of Original
237 Park Avenue, 9th Floor 3. IRS or Social Se- Director X 10% Owner (Month/Day/Year)
curity Number of ----- -----
(Street) Reporting Person Officer (give Other (specify
(Voluntary) ----- title ----- below)
New York NY 10017 below)
(City) (State) (Zip)
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Table I - Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Direct (D) or Ownership (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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Units representing limited partnership interests 235,194 D N/A
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (8-92)
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FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
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1. Title of Derivative 2. Date Exercisable and Expiration 3. Title and Amount of 4. Conver- 5. Owner-ship 6. Nature of
Security Date (Month/Day/Year) Securities Underlying sion or Form of Indirect
(Instr. 4) Derivative Security Exercise Deri-vative Beneficial
(Instr. 4) Price of Security: Ownership
Deri- Direct (D) or (Instr. 5)
vative Indirect (I)
Date Exer- Expiration Date Title Amount or Security (Instr. 5)
cisable Number of
Shares
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Explanation of Responses:
GOTHAM PARTNERS, L.P., and GOTHAM PARTNERS II, L.P.
** Intentional misstatements or omissions of facts constitute By: Section H Partners, L.P., its general partner
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15. U.S.C. 78ff(a).
By: KARENINA CORPORATION, By: DPB CORPORATION,
general partner of Section H Partners, L.P. general partner of Section H Partners, L.P.
William A. Ackman, President David P. Berkowitz, President
/s/ William A. Ackman July 30, 1996
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** Signature of Reporting Person Date
/s/ David P. Berkowitz July 30, 1996
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** Signature of Reporting Person Date
Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1473 (3/9)
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