Filing Details

1 Name of Reporting Persons Steven H. Korman S.S. or I.R.S. Identifications No. of Above Persons xxx-xx-6420 2 Check the Appropriate Box if a Member (a) |__| of a Group (See Instructions) (b) |__| 3 SEC Use Only 4 Citizenship or Place of Organization United States Number of Shares Beneficially Owned By Each Reporting Person With 5 Sole Voting Power 3,413,901 6 Shared Voting Power 0 7 Sole Dispositive Power 3,413,901 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 3,413,901 10 Check if the Aggregste Amount in Row (9) Excludes Certain Shares (See Instructions) 11 Percent of Class Represented by Amount in Row 9 4.3% 12 Type of Reporting Person (See Instructions) INItem 1 (a). Name of Issuer: Pennsylvania Real Estate Investment Trust Item 1 (b). Address of Issuer's Principal Executive Offices: The Bellevue 200 South Broad Street Philadelphia, Pennyslvania 19102 Item 2 (a). Name of Person Filing: Steven H. Korman Item 2 (b). Address of Principal Business Office or, if None, Residence: 580 W. Germwntown Pike Suite 200 Plymouth Meeting, PA 19462 Item 2 (c). Citizenship: United States Item 2 (d). Title of Class Securities: Shares of Beneficial Interest par value $1.00 per share Item 2 (e). CUSIP Number: 709102107 Item 3 If this Statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) |__| Broker or dealer registered under Section 15 of the Act; (b) |__| 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) |__| An Investment advisor in accordance with Rule 13d-1(b)(1) (ii)(E); (f) |__| An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1) (ii)(F); (g) |__| A parent holding company, in accordance with Rule 13d-1(b) (ii)(G); (h) |__| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) |__| A church plan that is executed from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) |__| Group, in accordance with Rule 12d-1(b)(1) (ii)(J). Item 4 Ownership Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1. (a) Amount beneficially owned: 3,413,901 shares, including (i) 8,800 shares held in a Trust for the Benefit of the filer and (ii) 105,000 shares held in a private Foundation. (b) Percent of Class 4.3% (c) Number of shares as to which such person has: (i) Sole power to vote if to direct the vote 3,413,901 (ii) shared power to vote or direct the vote 0 (iii) Sole power to dispose or to direct the disposition of 3,413,901 (iv) Shared power to dispose or to direct the disposition of 0 Instruction. For computations regarding securities which represent a right to acquire an underlying security, see Rule 13d-3(d)(1) Item 5 Ownership of Five Percent or Less of a Class If the statement is being filed to report the fact that as of the date here of the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ x ] Item 6 Ownership of More than Five Percent of Behalf of Another Person Not applicable Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reportd on by the Parent Holding Company Not applicable Item 8 Identification and Classification of Members of the Group Not applicable Item 9 Notice of Dissolution of Group Not applicable Item 10 Certification Not applicable