SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Hallwood Realty Partners, L.P.
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(Name of Issuer)
Units Representing Limited Partnership Interests
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(Title of Class of Securities)
40636T5
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(CUSIP Number)
Mr. Steven Roth
Interstate Properties
Park 80 West
Plaza II
Saddle Brook, New Jersey 07663
(201) 587-1000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 23, 1999
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(Date of Event which Requires Filing of this Statement)
If a 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 [ ].
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CUSIP NO. 014752109
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Interstate Properties 22-1858622
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
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7. SOLE VOTING POWER
NUMBER OF 116,300
SHARES -----------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH -----------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 116,300
WITH -----------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
116,300
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
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14. TYPE OF REPORTING PERSON
PN
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Interstate Properties, a New Jersey general partnership ("Interstate")
hereby amends its Schedule 13D, filed on November 25, 1998, with respect to
units representing limited partnership interests ("Units"), of Hallwood Realty
Partners, L.P., a Delaware limited partnership (the "Company") as follows:
Item 3. Source and Amount of Funds or Other Consideration.
All additional Units were acquired by Interstate with the working
capital of Interstate, for an aggregate of $1,020,681.
Item 5. Interest in Securities of the Issuer.
(a) - (b) Interstate owns 116,300 Units (7.0% of the 1,672,556 Units
reported by the Company as outstanding as of November 2, 1998 in its Quarterly
Report on Form 10-Q for the period ended September 30, 1998). Interstate has
sole voting and dispositive power with respect to such Units.
(c) Interstate has engaged in the following transactions in Units
in the past sixty days on the American Stock Exchange.
Date Units Price
- -------- ------ -------
02/17/99 100 56 1/8
02/17/99 500 56 1/2
02/26/99 400 57
02/26/99 600 57 1/4
03/11/99 100 53
03/11/99 200 53 1/4
3/15/99 2,000 52 1/2
3/15/99 2,000 52 7/8
3/16/99 200 52
3/17/99 800 52
3/19/99 200 51 1/2
3/22/99 100 52
3/23/99 800 52
3/23/99 4,000 51 7/8
3/23/99 4,000 52
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: March 25, 1999
INTERSTATE PROPERTIES
By: /s/ Steven Roth
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Steven Roth,
General Partner
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