"WASHINGTON, D.C. 20549"
SCHEDULE 13G
UNDER THE EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
NAME OF ISSUER: Coastal Finance I Pfd
TITLE OF CLASS
OF SECURITIES: COMMON
CUSIP: 190463208
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required if the filing person:(1) has a previous statement
on file reporting beneficial ownership of more than five percent of the
class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13-d-7).
* The remainder of this cover page shall be filled out for a 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 the disclosure provided in a prior cover page.
The information required in 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)."
13G
CUSIP NO. 190463208
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. ID NO Fiduciary Trust Company International
OF ABOVE
PERSON 13-5069335
2 CHECK THE APPROPRIATE (A) (B) XX
BOX IF A MEMBER OF A
A GROUP*
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION New York State
NUMBER OF 5 SOLE VOTING POWER 1266858
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 33000
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER 1294658
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER 5200
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED 1299858
BY EACH REPORTING PERSON
10 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES *
11 PERCENT OF CLASS REPRESENTED BY 10.83
IN ROW 9
12 TYPE OF REPORTING PERSON* BK
SECURITIES AND EXCHANGE COMMISSION
"WASHINGTON, D.C. 20549"
SCHEDULE 13G
UNDER THE EXCHANGE ACT OF 1934
(AMENDMENT NO.
ITEM 1
(a) Name of Issuer Coastal Finance I Pfd
(b)Address of Issuer's Principal 500 Renaissance Ctr
Executive Offices: "Detroit, Michigan 48243-1902"
ITEM 2
(a) Name of Person Filing Fiduciary Trust Company International
(b) Address of Principal
" Business Office or, if non residence:" Two World Trade Center
"New York, New York 10048"
(c) Citizenship: New York
(d) Title of Class Securities: COMMON
(e) Cusip 190463208
ITEM 3
The person filing is:
(a) Broker or Dealer registered under Section 15 of the Act
(b) X Bank as defined in section 3 (a)(6) of the Act
(c) Insurance Company as defined in section 3(a)(19) of the Act
(d) Investment Company registered under section 8 of the
Investment Company Act.
(e) Investment Advisor registered under section 203 of the
Investment Advisors Act of 1940
(f) "EBP, Pension Fund which is subject to the provisions of the"
Employee Retirement Income Security Act of 1974 or Endowment
Fund; see 240.13d-1(b) (1) (ii) (F)
(g) "Parent Holding Company, in accordance with 240.13d-1(b) (ii) (G)"
(h) "Group, in accordance with 240.13d-1(b) (1) (ii) (H)"
ITEM 4
OWNERSHIP
(a) Amount Beneficially Owned: 1299858
(b) Percent of Class: 10.83
(c) Number of shares as to which each
person has:
(i) sole power to vote or to direct vote 1266858
(ii)shared power to vote or to direct vote 33000
(iii) sole power to dispose or to direct
disposition of 1294658
(iv) shared power to dispose or to
direct the disposition of 5200
ITEM 5
Ownership of Five Percent or Less of a Class NA
ITEM 6
Ownership of More Than Five Percent On Behalf of
Another Person NA
ITEM 7
Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company NA
ITEM 8
Identification and Classification of Members of Group NA
ITEM 9
Notice of Dissolution of Group NA
ITEM 10
Certification
"By signing below I certify that, to the best of my knowledge and belief, "
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such a purpose or effect.
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."
DATE SIGNATURE
06/06/99
F.K. Granville
