2022-11-15T09:26:12-06:00 2021-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2021-01-01 261342962 KNICKERBOCKER LONGWOOD LLC C/O CLARION PARTNERS LLC KNIC 2128832500 230 PARK AVENUE 12TH FL NEW YORK NY 10169 CHRISTINE D'EMILIO TREASURER 2128832500 2022-11-14 1 CHRISTINE DEMILIO 999009999 OSE JOSEPH-ERAMEH P02534927 2127589700 2022-11-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z TIMOTHY GUY 230 PARK AVENUE 12TH FL NEW YORK NY 10169 25633039 0 X N/A X 2007 DE PENSION BENEFIT ORGANIZATION 0 0 0 0 0 0 0 0 0 0 0 0 9308278 10407820 9308278 10407820 0 0 0 0 0 0 0 0 0 0 0 0 0 9308278 10407820 406865451 433279764 178702209 179619455 228163242 253660309 PENSION BENEFIT ORGANIZATION 0 0 0 0 0 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 0 0 0 0 0 0 0 0 0 X 0 0 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 X X CLARION PARTNERS LLC 2128832500 230 PARK AVENUE NEW YORK NY 10169 X TIMOTHY GUY PRESIDENT 1.00 0.00 X 0 0 0 JANIS MANDARINO VICE PRESIDENT 1.00 0.00 X 0 0 0 BRIAN COLLINS VICE PRESIDENT 1.00 0.00 X 0 0 0 MARK A BRODY SECRETARY 1.00 0.00 X 0 0 0 JEFFREY D SILVERSTEIN ASSISTANT SECRETARY 1.00 0.00 X 0 0 0 CHRISTINE D'EMILIO TREASURER 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 EVERSOURCE 247 STATION DRIVE WESTWOOD MA 02090 ELECTRICITY SERVICES 2323383 NATIONAL GRID 100 E ASHLAND ST BROCKTON MA 02302 NATURAL GAS SERVICE 871806 SECURITAS SECURITY SERVICES 1 HARBORSIDE DR 301 EAST BOSTON MA 02128 SECURITY 482238 BUILDING TECHNOLOGY ENGINEERS 105 CENTRAL ST STONEHAM MA 02180 CONSTRUCTION SERVICES 465534 BOSTON WATER AND SEWER COMMISSION PO BOX 55466 BOSTON MA 022055466 WATER SERVICES 421660 14 25633039 15225219 10407820 10407820 10407820 10407820 10407820 0 0 0 0 0 0 3138902 3079175 384286 243500 1842263 2057089 427900000 401500000 427900000 406865451 433279764 988201 1168721 627111 1594201 177086897 176856533 178702209 179619455 X 0 0 0 0 0 0 228163242 253660309 406865451 433279764 X 10407820 25989247 -10900000 X 0 1 X 1 0 70061208 70061208 332681620 332681620 25157172 25157172 427900000 X 51622286 25989247 15225219 41214466 10407820 0 10407820 15225219 15225219 15225219 0 0 0 PART X, LINE 2: THE COMPANY IS A LIMITED LIABILITY COMPANY THAT IS EXEMPT FROM FEDERAL INCOME TAX AS ANY TAXES ARE THE LIABILITY OF NYSTRS AND NOT THE LIMITED LIABILITY COMPANY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE AUTHORITATIVE ACCOUNTING GUIDANCE REQUIRES AN EVALUATION OF UNCERTAIN TAX POSITIONS USING A PRESCRIBED THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE GUIDANCE ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE COMPANY HAS EVALUATED THE UNCERTAINTIES OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED ON THE PROBABILITY OF WHETHER IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON AUDIT BASED ON TECHNICAL MERITS FOR OPEN TAX YEARS. THE COMPANY CONCLUDED THAT IT HAS NO MATERIAL UNCERTAIN TAX LIABILITIES TO BE RECOGNIZED OR DISCLOSED AS OF DECEMBER 31, 2021. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE ON ITS INCOME TAXES, THE COMPANY ASSESSED ITS FEDERAL AND STATE TAX POSITIONS AS OF DECEMBER 31, 2021 FOR THE OPEN TAX YEARS BEGINNING IN 2018. IF THERE ARE INTEREST AND PENALTIES ON TAX POSITIONS, THE COMPANY'S POLICY IS TO CLASSIFY THESE AS OTHER EXPENSES. THERE WERE NO INTEREST AND PENALTIES INCURRED DURING THE YEAR ENDED DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 15,225,219. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 15,225,219. FORM 990, PART VI, SECTION A, LINE 2 OFFICERS MARK A. BRODY AND JEFFREY D. SILVERSTEIN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S GOVERNING BODY IS COMPRISED OF OFFICERS. ALL OFFICERS ACT TO CARRY OUT THE BUSINESS OF THE ORGANIZATION. SUBJECT TO THE BY-LAWS, THE SOLE MEMBER, NYS TEACHERS' RETIREMENT SYSTEM (NYSTRS), MAY VETO OR CONFIRM DECISIONS MADE BY THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE TO REVIEW THE FORM 990 PRIOR TO FILING. THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM RECEIVES A COPY OF THE FILED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS THE SOLE RESPONSIBILITY OF NYSTRS. THE NYSTRS CODE OF ETHICS REQUIRES THAT EMPLOYEES REVIEW AND SIGN AN ANNUAL DISCLOSURE STATEMENT WITH HUMAN RESOURCES BY JANUARY 10 OF EACH YEAR. ANY POTENTIAL CONFLICTS OF INTEREST, INCLUDING ELECTED POSITIONS, BUSINESS HOLDINGS, INVESTMENT INTERESTS, ETC. OF EMPLOYEES OR THEIR SPOUSE, DEPENDENT, OR MEMBER OF HOUSEHOLD MUST BE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION IS AN IRC 501(C)(25) ENTITY HOLDING TITLE TO RENTAL REAL PROPERTY AND REMITTING THE NET INCOME TO THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM, AN IRC 401(A) ORGANIZATION. ADDITIONALLY, THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES THEREFORE THERE ARE NO PROCESSES RELATED TO EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE PENSION BENEFIT ORGANIZATION MAKES THE DOCUMENTS REFERENCED IN QUESTIONS 18 AND 19 AVAILABLE UPON REQUEST TO THE PUBLIC. THE FORM 990 IS ALSO AVAILABLE TO THE GENERAL PUBLIC AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 SEE EXPLANATION FOR PART VI, SECTION C, LINE 18. FORM 990, PART XI, LINE 9: DISTRIBUTIONS TO NYSTRS -10,900,000. NYS TEACHERS' RETIREMENT SYSTEM 10 CORPORATE WOODS DRIVE ALBANY NY 12211 146000735 PENSION ADMIN NY 401(A) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 NEW YORK STATE TEACHERS' RETIREMENT SYSTEM R 10900000 CASH DISTRIBUTIONS