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UNITED STATES SEC File Number
SECURITIES AND EXCHANGE COMMISSION 0-27562
Washington, DC 20549
Cusip Number
FORM 12b-25 048798 10 2
NOTIFICATION OF LATE FILING
(Check One) ___Form 10-K ___Form 20-F ___Form 11-K X Form 10-Q ___Form N-SAR
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For Period Ended: March 31, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
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.
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If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
Atlantic Realty Trust
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Full name of Registrant
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Former Name If Applicable
747 Third Avenue
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Address of Principal Executive Office (Street and Number)
New York, New York 10017
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City, State and Zip Code
PART II - RULES 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 appropriate box.)
/X/ (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
/X/ (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof,
will be filed on or before the fifteenth 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.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report of portion thereof, could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The registrant is unable to file its Form 10-Q on the prescribed due
date without unreasonable effort and expense for the following reasons:
(a) Substantially all of the registrant's management resources have
been spent preparing for the closing of the previously announced
acquisition of Ramco-Gershenson, Inc. by RPS Realty Trust ("RPS")
(including the contribution of certain assets to the registrant
and the spin-off by RPS of shares of the registrant to
shareholders of RPS), which closing and spin-off occurred on
May 10, 1996.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Edwin R. Frankel 212 702-8561
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(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 20 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 reports been filed? If
answer is no identify report(s). X Yes ___ No
(3) It is anticipated that any significant shares 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:
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Atlantic Realty Trust
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date May 15, 1996 By /s/ Edwin R. Frankel
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Edwin R. Frankel
Executive Vice President, Chief
Financial Officer and Secretary
