2023-11-15T20:39:57-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2022-01-01 363922504 KEYSTONE-FLORIDA PROPERTY HOLDING CORP C/O PUBLIC SCHOOL EMPLOYEES' RETIRE SYS KEYS 6102656400 5 N 5TH STREET HARRISBURG PA 171011905 OJAS DESAI SECRETARY/TREASURER 6102656400 2023-11-15 1 OJAS DESAI 999009999 1 GARRETT M HIGGINS P00543209 2017129800 2023-11-03 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z OJAS DESAI 5 N 5TH STREET HARRISBURG PA 171011905 15946796 0 X N/A X 1993 FL THE COMPANY SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A). 6 3 0 3 0 0 0 0 17094647 15745746 9068 64332 211926 136718 17315641 15946796 0 0 0 0 0 0 0 0 0 13573032 14451959 13573032 14451959 3742609 1494837 157175881 123794516 2453915 1773509 154721966 122021007 X KEYSTONE-FLORIDA PROPERTY HOLDING COMPANY IS A SEC 501(C)(25) ORGANIZATION WHICH SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A). 0 0 THE COMPANY SERVES AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF THE COMMONWEALTH OF PENNSYLVANIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM, A TAX EXEMPT PENSION FUND WHICH MEETS THE REQUIREMENTS OF SEC 401(A). 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 45 0 0 0 0 0 0 0 0 0 0 X 6 3 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 X O'CONNOR REAL ESTATE ADVISORS LLC CO FRANK NUCCIO 2125460829 535 MADISON AVENUE NEW YORK NY 10022 WILLIAM Q OCONNOR PRESIDENT 1.00 X X 0 0 0 JOEL L BAYER VICE PRESIDENT 1.00 X X 0 0 0 OJAS DESAI SECRETARY & TREASURER 1.00 X X 0 0 0 ROBERT J DEVINE DIRECTOR, EFF. 4/11/22 1.00 37.50 X 0 375476 0 JAMES H GROSSMAN JR DIRECTOR, THRU 4/11/22 1.00 37.50 X 0 573704 8012 WILLIAM P STALTER DIRECTOR, EFF. 4/11/22 1.00 37.50 X 0 242086 0 CHARLES J SPILLER DIRECTOR, THRU 4/11/22 1.00 37.50 X 0 247002 4797 MELISSA A QUACKENBUSH DIRECTOR 1.00 37.50 X 0 239956 8106 0 1678224 20915 0 0 1 0 JONES LANG LASALLE PO BOX 95028 CHICAGO IL 60694 MANAGEMENT FEES 2388338 DWELL DESIGN STUDIO LLC 1280 HIGHTOWER TRAIL ATLANTA GA 30350 ARCHITECT SERVICES 1235758 KIMCO FACILITY SERVICES LLC PO BOX 747037 ATLANTA GA 30374 CLEANING SERVICES 867754 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 835137 STEPHANIE J TOOTHAKER ESQ PA 901 PONCE DE LEON DRIVE FORT LAUDERDALE FL 33316 RETAIL DEVELOPMENT CONSULTING SERVICES 416500 16 RENTAL INCOME 531390 15745746 15745746 15745746 64332 64332 OTHER INCOME 531390 136718 136718 136718 15946796 15745746 0 201050 X 442358 40430 57837 900000 2121907 577675 1272394 6846643 239902 REPAIRS AND MAINTENANCE 1952813 14451959 200 200 13938512 13402138 1218633 1286177 1313661 750163 108300000 0 140700000 108300000 4875 55838 157175881 123794516 1330133 670260 900753 726104 223029 377145 2453915 1773509 X 1000 1000 2887782 2887782 151833184 119132225 154721966 122021007 157175881 123794516 X 1494837 -34195796 X 0 1 X 0 0 279794 279794 108020206 108020206 108300000 SECURITY DEPOSITS 135232 OTHER LIABILITIES 241913 377145 X 15946796 0 15946796 0 15946796 14451959 0 14451959 0 14451959 PART X, LINE 2: THE ADVISOR EVALUATED THE COMPANY'S TAX POSITIONS AND CONCLUDED THAT THE COMPANY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS. 0 0 0 JAMES H GROSSMAN JR DIRECTOR, THRU 4/11/22 0 154823 0 0 0 418881 0 0 0 8012 0 581716 0 0 ROBERT J DEVINE DIRECTOR, EFF. 4/11/22 0 375476 0 0 0 0 0 0 0 0 0 375476 0 0 CHARLES J SPILLER DIRECTOR, THRU 4/11/22 0 80398 0 0 0 166604 0 0 0 4797 0 251799 0 0 MELISSA A QUACKENBUSH DIRECTOR 0 212956 0 0 0 27000 0 0 0 8106 0 248062 0 0 WILLIAM P STALTER DIRECTOR, EFF. 4/11/22 0 242086 0 0 0 0 0 0 0 0 0 242086 0 0 FORM 990, PART VI, SECTION A, LINE 3 KEYSTONE-FLORIDA PROPERTY HOLDING CORP OWNS THE FORT LAUDERDALE GALLERIA REGIONAL MALL. THE OWNER RETAINED O'CONNOR REAL ESTATE ADVISORS, LLC, AN INDEPENDENT CONTRACTOR TO PERFORM INVESTMENT ADVISORY AND ASSET MANAGEMENT SERVICES. KEYSTONE-FLORIDA PROPERTY HOLDING CORP'S APPOINTED OFFICERS ARE ALL INDEPENDENT OFFICERS WHO ARE NOT SEPARATELY COMPENSATED BY THE OWNER. ADVISORY AND ASSET MANAGEMENT FEES WERE $900,000 IN 2022. THE DIRECT PAYMENTS FROM THE ORGANIZATION TO THE INVESTMENT ADVISORY AND ASSET MANAGEMENT COMPANY ARE REPORTED ON FORM 990, PART VII, SECTION B AS INDEPENDENT CONTRACTOR PAYMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (TAX ID NUMBER 23-1739115) IS THE ORGANIZATION'S SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER ALSO HAS VOTING RIGHTS TO ELECT THE GOVERNING BOARD. THE MEMBERS OF THE GOVERNING BOARD APPROVE AND ELECT OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER APPROVES ALL MAJOR DECISIONS MADE BY THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN PREPARED BY THE COMPANY'S OUTSIDE ACCOUNTANTS AT PKF O'CONNOR DAVIES, LLP HAS BEEN PROVIDED TO ALL OFFICERS OF THE COMPANY AND DUANE MORRIS, ITS OUTSIDE COUNSEL FOR REVIEW AND COMMENTS BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G SERVICE CONTRACTS 2,052,324. OTHER PROFESSIONAL FEES 69,583. FORM 990, PART XI, LINE 9: NET CHANGE UNREALIZED DEPRECIATION IN FAIR VALUE OF REAL ESTATE INVESTMENT -34,420,796. NET INCREASE IN NET ASSETS RESULTING FROM CAPITAL TRANSACTIONS 225,000. PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM (PSERS) 5 N 5TH STREET HARRISBURG PA 171011905 231739115 PUBLIC SCHOOL EMPLOYEE RETIREMENT PLAN PA 401A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0