Filing Details
- Accession Number:
- 0001193125-24-036347
- Form Type:
- 13G Filing
- Publication Date:
- 2024-02-13 19:00:00
- Filed By:
- Tssp Sub-fund Holdco Llc
- Company:
- New York Reit Inc.
- Filing Date:
- 2024-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
TSSP Sub-Fund HoldCo | 1,645,493 | 1,645,493 | 1,645,493 | 9.8% | ||
David Bonderman | 1,645,493 | 1,645,493 | 1,645,493 | 0% | ||
James G. Coulter | 0% | |||||
Alan Waxman | 9.8% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
New York REIT Liquidating LLC
(Name of Issuer)
Unit of Common Membership Interest
(Title of Class of Securities)
64976L208
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures 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).
CUSIP No. 64976L208 | 13G |
1 | NAME OF REPORTING PERSON
TSSP Sub-Fund HoldCo, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
- 0 - | ||||
6 | SHARED VOTING POWER
1,645,493 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
1,645,493 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,645,493 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.8% (1) | |||||
12 | TYPE OF REPORTING PERSON
CO |
(1) | The calculation is based on a total of 16,791,769 Units (as defined below) outstanding as of November 1, 2023, as reported in the Issuers (as defined below) Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the Commission) on November 8, 2023. |
2
CUSIP No. 64976L208 | 13G |
1 | NAME OF REPORTING PERSON
David Bonderman | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (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
- 0 - | ||||
6 | SHARED VOTING POWER
- 0 - | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
- 0 - |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 - | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0% | |||||
12 | TYPE OF REPORTING PERSON
IN |
3
CUSIP No. 64976L208 | 13G |
1 | NAME OF REPORTING PERSON
James G. Coulter | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (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
- 0 - | ||||
6 | SHARED VOTING POWER
- 0 - | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
- 0 - |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 - | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0% | |||||
12 | TYPE OF REPORTING PERSON
IN |
4
CUSIP No. 64976L208 | 13G |
1 | NAME OF REPORTING PERSON
Alan Waxman | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (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
- 0 - | ||||
6 | SHARED VOTING POWER
1,645,493 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
1,645,493 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,645,493 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.8% (2) | |||||
12 | TYPE OF REPORTING PERSON
IN |
(2) | The calculation is based on a total of 16,791,769 Units outstanding as of November 1, 2023, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Commission on November 8, 2023. |
5
Item 1 | (a). | Name of Issuer: New York REIT Liquidating LLC (the Issuer) | ||
Item 1 | (b). | Address of Issuers Principal Executive Offices:
2 Liberty Square, Boston, MA 02109 | ||
Item 2 | (a). | Name of Person Filing:
This Amendment No. 2 to Schedule 13G is being filed to reflect a change in the membership of the board of directors of TSSP Sub-Fund HoldCo, LLC, a Delaware limited liability company (Sub-Fund HoldCo), since the filing of Amendment No. 1 to Schedule 13G on February 14, 2019, and not in connection with a purchase or disposition of any Units by the Reporting Persons. This Schedule 13G is being filed jointly by Sub-Fund HoldCo and Alan Waxman (each a Reporting Person and, together, the Reporting Persons), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act.
Sub-Fund HoldCo, is the sole member of Empire SPV GP, LLC, a Delaware limited liability company, which is the manager of Empire SPV, LLC, a Delaware limited liability company (Empire SPV), which directly holds 1,645,493 Units. Because of Sub-Fund HoldCos relationship to Empire SPV, Sub-Fund HoldCo may be deemed to beneficially own the Units held by Empire SPV. Sub-Fund HoldCo is managed by its sole member, whose managing member is Alan Waxman. Each of Sub-Fund HoldCo and Mr. Waxman disclaims beneficial ownership of the Units held by Empire SPV except to the extent of their pecuniary interest therein. | ||
Item 2 | (b). | Address of Principal Business Office or, if none, Residence: The principal business address of TSSP Sub-Fund HoldCo, LLC is as follows: c/o Sixth Street Partners 2100 McKinney Avenue Suite 1500 Dallas, TX 75201
The principal business address of Mr. Waxman is as follows: c/o Sixth Street Partners, LLC 1 Letterman Drive, Building B, Suite B6-100 San Francisco, CA 94129
The principal business address of each of Messrs. Bonderman and Coulter is as follows: c/o TPG Global, LLC 301 Commerce Street, Suite 3300 Fort Worth, Texas 76102 | ||
Item 2 | (c). | Citizenship: See response to Item 4 of each of the cover pages. | ||
Item 2 | (d). | Title of Class of Securities: Units of common membership interest (Units) | ||
Item 2 | (e). | CUSIP Number: 64976L208 |
6
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |||||
(a) | ☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | ||||
(b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | ||||
(c) | ☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | ||||
(d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | ||||
(e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | ||||
(f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||||
(g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||||
(h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||
(i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||||
(j) | ☐ | A non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J); | ||||
(k) | ☐ | Group, in accordance with Rule 13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J), please specify the type of institution:____________________________ |
Item 4. | Ownership |
(a) | AMOUNT BENEFICIALLY OWNED: |
See responses to Item 9 on each cover page.
(b) | PERCENT OF CLASS: |
See responses to Item 11 on each cover page.
(c) | NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: |
(i) | SOLE POWER TO VOTE OR TO DIRECT THE VOTE |
See responses to Item 5 on each cover page.
(ii) | SHARED POWER TO VOTE OR TO DIRECT THE VOTE |
See responses to Item 6 on each cover page.
(iii) | SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF |
See responses to Item 7 on each cover page.
(iv) | SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF |
See responses to Item 8 on each cover page.
Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
The information in Item 2 of this Schedule 13G is hereby incorporated by reference.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person |
Not Applicable.
7
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person |
See response to Item 2(a) above.
Item 8. | Identification and Classification of Members of the Group |
Not Applicable.
Item 9. | Notice of Dissolution of Group |
Not Applicable.
Item 10. | Certifications |
By signing below each of the undersigned certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
8
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: February 14, 2024
TSSP Sub-Fund HoldCo, LLC | ||
By: | /s/ Joshua Peck | |
Name: | Joshua Peck | |
Title: | Vice President | |
David Bonderman | ||
By: | /s/ Gerald Neugebauer | |
Name: | Gerald Neugebauer, on behalf of David Bonderman (3) | |
James G. Coulter | ||
By: | /s/ Gerald Neugebauer | |
Name: | Gerald Neugebauer, on behalf of James G. Coulter (4) | |
Alan Waxman | ||
By: | /s/ Joshua Peck | |
Name: | Joshua Peck, on behalf of Alan Waxman (5) |
(3) | Gerald Neugebauer is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated January 10, 2024, which was previously filed with the Commission as an exhibit to a Form 4 filed by Mr. Bonderman on February 7, 2024 (SEC File No. 001-41617). |
(4) | Gerald Neugebauer is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated January 10, 2024, which was previously filed with the Commission as an exhibit to a Form 4 filed by Mr. Coulter on February 7, 2024 (SEC File No. 001-41617). |
(5) | Joshua Peck is signing on behalf of Mr. Waxman pursuant to an authorization and designation letter dated June 15, 2023, filed herewith. |
Exhibit Index
Exhibit 1 | Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 (previously filed). | |
Exhibit 2 | Authorization and Designation Letter, dated June 15, 2023, by Alan Waxman (filed herewith). |