Amendemnt #1 to Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

 

 

 

Reckson Associates Realty Corp.

(Name of Issuer)

 

 

Class A Common Stock, $.01 par value

(Title of Class of Securities)

 

 

75621K106

                                (CUSIP Number)                                

 

 

December 31, 2003

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

x 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 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 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. 75621K106   13G   Page 2 of 6 Pages

 


  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (entities only).

 

Security Capital Reasearch & Management Incorporated

   

  2.  

Check the Appropriate Box If a Member of a Group (See Instructions)

(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– shares of Common Stock


  6.    Shared Voting Power

 

        6,210,625 shares of Common Stock


  7.    Sole Dispositive Power

 

        –0– shares of Common Stock


  8.    Shared Dispositive Power

 

        6,210,625 shares of Common Stock


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,210,625 shares of Common Stock

   

10.  

Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares

 

¨

   

11.  

Percent of Class Represented by Amount in Row (9)

 

10.72% of the shares of Common Stock

   

12.  

Type of Reporting Person*

 

IA

   

 

*SEE INSTRUCTIONS BEFORE FILLING OUT!


        Page 3 of 6 Pages

 

Item 1(a).

   Name of Issuer: Reckson Associates Realty Corp.          

(b).

   Address of Issuer’s Principal Executive Offices:          
     225 Broadhollow Road, Melville, New York 11747          

Item 2(a).

   Name of Person Filing:          
     Security Capital Research & Management Incorporated, a corporation organized and existing under the laws of Delaware (“SCR&M”).          

(b).

   Address of Principal Business Office or, if None, Residence:          
     11 South LaSalle Street, 2nd Floor, Chicago, Illinois 60603          

(c).

   Citizenship:          
     Delaware          

(d).

   Title of Class of Securities:          
     Class A Common Stock, $.01 par value per share          

(e).

   CUSIP Number:    75621K106          

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 Exchange Act;          
     (b)    ¨    Bank as defined in Section 3(a)(6) of the Exchange Act;          
     (c)    ¨    Insurance company as defined in Section 3(a)(19) of the Exchange Act;          
     (d)    ¨    Investment company registered under Section 8 of the Investment Company Act;          
     (e)    x    An investment adviser 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 or control person in accordance with Rule 13d-1(b)(1)(ii)(G);          
     (h)    ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;          
     (i)    ¨    A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;          
     (j)    ¨    Group, in accordance with Rule 13d-1(b)(1)(ii)(J).          


        Page 4 of 6 Pages

 

Item 4.

   Ownership.          
     (a).    Amount Beneficially Owned:          
          SCR&M beneficially owns 6,210,625 shares of Common Stock.          
     (b).    Percent of Class:          
          10.72% of the shares of Common Stock determined in accordance with the provisions of Rule 13d-1 promulgated under the Act.
     (c).    Number of shares as to which such person has:          
          (i).    Sole power to vote or to direct the vote: None.          
          (ii).    Shared power to vote or to direct the vote: SCR&M has shared power to vote or direct the vote of 6,210,625 shares of Common Stock.          
          (iii).    Sole power to dispose or to direct the disposition of: None          
          (iv).    Shared power to dispose or to direct the disposition of: SCR&M has shared power to dispose or to direct the disposition of 6,210,625 shares of Common Stock.          

Item 5.

   Ownership of Five Percent or Less of a Class.     
          Not applicable.

Item 6.

   Ownership of More than Five Percent on Behalf of Another Person.          
          Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. No one person’s interest in the Common Stock is more than five percent of the total outstanding shares of Common Stock.          

Item 7.

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
          Not applicable.          


        Page 5 of 6 Pages

 

Item 8.

   Identification and Classification of Members of the Group.          
          Not applicable.          

Item 9.

   Notice of Dissolution of a Group.          
          Not applicable.          

Item 10.

   Certification.          
          By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.          


        Page 6 of 6 Pages

 

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: February 13, 2004

 

SECURITY CAPITAL RESEARCH & MANAGEMENT INCORPORATED
By:   /s/    GENINE M. DAWCZAK        
   

Name:

  Genine M. Dawczak

Title:

  Assistant Controller