KNICKERBOCKER LONGWOOD LLC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KNICKERBOCKER LONGWOOD LLC (EIN 26-1342962)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-04
- IRS object ID
- 202502779349300505
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-04T06:53:48-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 333709623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261342962 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNICKERBOCKER LONGWOOD LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KNIC | BusinessNameControlTxt |
| Phone | 2128832500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MADISON AVENUE FLOOR 14 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH STEBLAY | PersonNm |
| Person Title | SVP | PersonTitleTxt |
| Phone | 2128832500 | PhoneNum |
| Signature | 2025-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Preparation | 2025-10-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | TIMOTHY GUY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MADISON AVENUE FLOOR 14 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,665,083 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N\A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | PENSION BENEFIT ORGANIZATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,227,709 | PYOtherRevenueAmt |
| CY Other Revenue | $12,208,585 | CYOtherRevenueAmt |
| PY Total Revenue | $11,227,709 | PYTotalRevenueAmt |
| CY Total Revenue | $12,208,585 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $0 | PYOtherExpensesAmt |
| CY Other Expenses | $0 | CYOtherExpensesAmt |
| PY Total Expenses | $0 | PYTotalExpensesAmt |
| CY Total Expenses | $0 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,227,709 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,208,585 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $434,570,591 | TotalAssetsBOYAmt |
| Total Assets EOY | $437,779,104 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $173,713,276 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $169,516,769 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $260,857,315 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $268,262,335 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PENSION BENEFIT ORGANIZATION | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE ORGANIZATION HOLDS THE TITLE TO VARIOUS PROPERTIES HELD FOR THE BENEFIT OF THE NYSTRS PENSION BENEFIT ORGANIZATION. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYNTHIA JASSO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128832500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MADISON AVENUE FLOOR 14 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| DAVID GILLAN | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $0 | $0 | |
| MARGARET ANDRIOLA | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $0 | $0 | |
| THOMAS LEE | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $0 | $0 | |
| IAN SILVER | |||||||
| ASSISTANT SECRETARY | 1.00 | 36.50 | $0 | $0 | $0 | Yes (X) | |
| RHONA J KISCH | |||||||
| SECRETARY | 1.00 | 36.50 | $0 | $0 | $0 | Yes (X) | |
| TIMOTHY GUY | |||||||
| PRESIDENT | 1.00 | 36.50 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JONES LANG LASALLE AMERICAS INC | |||||
| 1 POST OFFICE SQUARE SUITE 1100 | BOSTON | MA | 02109 | DFCI LEASE COMMISSIONS | $1,016,220 |
| NORTHEAST SECURITY INC | |||||
| 265 WASHINGTON STREET | WESTWOOD | MA | 02090 | SECURITY SERVICES | $671,681 |
| NATIONAL DEVELOPMENT ASSET | |||||
| 2310 WASHINGTON STREET | NEWTON LOWER FALLS | MA | 02462 | ASSET MANAGER | $477,509 |
| NEWMARK KNIGHT FRANK | |||||
| 225 FRANKLIN STREET 33RD FLOOR | BOSTON | MA | 02110 | MANAGEMENT SERVICES | $381,083 |
| UG2 LLC | |||||
| 2 COPLEY PLACE TOWER 2 | BOSTON | MA | 02116 | ENGINEERING SERVICES | $355,391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $29,665,083 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,456,498 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,208,585 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,208,585 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,208,585 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,208,585 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,208,585 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,436,316 | BOYAmt |
| EOY | $5,053,401 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $577,023 | BOYAmt |
| EOY | $330,963 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,157,250 | BOYAmt |
| EOY | $1,394,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $431,000,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,400,002 | BOYAmt |
| EOY | $431,000,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,570,591 | BOYAmt |
| EOY | $437,779,104 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,176,904 | BOYAmt |
| EOY | $826,396 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,023,132 | BOYAmt |
| EOY | $2,556,480 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,513,240 | BOYAmt |
| EOY | $166,133,893 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,713,276 | BOYAmt |
| EOY | $169,516,769 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,857,315 | BOYAmt |
| EOY | $268,262,335 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,857,315 | BOYAmt |
| EOY | $268,262,335 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,570,591 | BOYAmt |
| EOY | $437,779,104 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,208,585 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,446,435 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$11,250,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $67,596,547 | InvestmentCostOrOtherBasisAmt |
| Book Value | $67,596,547 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $363,403,453 | InvestmentCostOrOtherBasisAmt |
| Book Value | $363,403,453 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $431,000,000 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $36,111,518 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,446,435 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $6,446,435 | RevenueNotReportedAmt |
| Revenue Subtotal | $29,665,083 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$17,456,498 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$17,456,498 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,208,585 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,456,498 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $17,456,498 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $17,456,498 | ExpensesNotReportedAmt |
| Expenses Subtotal | $0 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $0 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 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, 2024. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE ON ITS INCOME TAXES, THE COMPANY ASSESSED ITS FEDERAL AND STATE TAX POSITIONS AS OF DECEMBER 31, 2024, FOR THE OPEN TAX YEARS BEGINNING IN 2021. 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, 2024. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFIED RENTAL EXPENSES -17,456,498. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFIED RENTAL EXPENSES 17,456,498. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION DELEGATES MANAGEMENT RESPONSIBILITY TO CLARION PARTNERS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION'S GOVERNING BODY IS COMPRISED OF OFFICERS AND DIRECTORS. THE DIRECTORS WERE ELECTED UNDER THE BY LAWS OF THE ORGANIZATION. ALL OFFICERS ARE APPOINTED BY THE ORGANIZATION'S DIRECTORS. ALL OFFICERS AND DIRECTORS ACT TO CARRY OUT THE BUSINESS OF THE ORGANIZATION. SUBJECT TO THE BY -LAWS, THE SOLE MEMBER, NYS TEACHER'S 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 TEACHER'S 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 19 | THE PENSION BENEFIT ORGANIZATION MAKES THE DOCUMENTS REFERENCED IN QUESTIONS 18 AND 19 AVAILABLE UPON REQUEST TO THE PUBLIC. |
| PART VII, SECTION A | NYS TEACHERS RETIREMENT SYSTEM (NYSTRS) IS A SECTION 401(A) TRUST THAT IS RELATED TO KNICKERBOCKER LONGWOOD LLC (LONGWOOD), AND LONGWOOD'S THREE DIRECTORS ARE EMPLOYED BY NYSTRS. THE ORGANIZATION'S THREE DIRECTORS ARE THOMAS LEE, EXECUTIVE DIRECTOR AND CIO OF NYSTRS DAVID C GILLAN, MANAGING DIRECTOR OF REAL ESTATE AT NYSTRS AND MARGARET ANDRIOLA., NYSTRS CHIEF FINANCIAL OFFICER. AS PART OF THE ANNUAL TAX COMPLIANCE PROCESS, LONGWOOD ASKED NYSTRS FOR THE COMPENSATION INFORMATION FOR THESE THREE INDIVIDUALS WHO ARE EMPLOYED BY THE NYSTRS. LONGWOOD MADE REASONABLE EFFORTS TO OBTAIN COMPENSATION INFORMATION AND REQUESTS WERE MADE BOTH IN WRITING AND VIA PHONE CALLS. LONGWOOD WAS UNABLE TO OBTAIN THE COMPENSATION INFORMATION FROM NYSTRS AND IS UNABLE TO PROVIDE A REASONABLE ESTIMATE OF THIS INFORMATION. |
| FORM 990, PART XI, LINE 9: | DISTRIBUTION TO NYSTRS -11,250,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (21 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ADIRONDACK TIMBER COMPANY INC | |||||||||||
| 15 PEIDMONT CENTER STE 1250 | ATLANTA | GA | 30305 | 582430422 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| ARROWHEAD LANDING LLC | |||||||||||
| 1251 AVE OF THE AMERICAS 35TH FL | NEW YORK | NY | 10020 | 800436608 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| FOLSOM WILLOW SPRINGS LLC | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 270490519 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER BARRINGTON PLACE LLC | |||||||||||
| PO BOX 5005 | NEW YORK | NY | 10163 | 471842024 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER CENTENNIAL LLC | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 862673658 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER EDENS LLC | |||||||||||
| PO BOX 5005 | NEW YORK | NY | 10163 | 464299865 | PENSION ORG | DE | 501(C)(2) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER EDGE LLC | |||||||||||
| ONE BATTERY PARK PLAZA | NEW YORK | NY | 10004 | 832640879 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XI | |||||||||||
| 2001 ROSS AVENUE STE 3400 | DALLAS | TX | 75201 | 043248950 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XII | |||||||||||
| 1201 THRID AVENUE STE 3000 | SEATTLE | WA | 98101 | 911656953 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XIX | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 680367474 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XL | |||||||||||
| 2001 ROSS AVENUE STE 3400 | DALLAS | TX | 75201 | 841622619 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XLI | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 760738190 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XLII | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 743101324 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XLIII | |||||||||||
| 2001 ROSS AVENUE STE 3400 | DALLAS | TX | 75201 | 201460024 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XV | |||||||||||
| 2001 ROSS AVENUE STE 3400 | DALLAS | TX | 75201 | 043255688 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XX | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 133856954 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XXXIX | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 421551325 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XXXVI | |||||||||||
| 2001 ROSS AVENUE STE 3400 | DALLAS | TX | 75201 | 223791633 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER PROPERTIES INC XXXVIII | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 134198844 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| KNICKERBOCKER TN ESTATES LLC | |||||||||||
| 1251 AVENUE OF AMERICAS 35TH FLOOR | NEW YORK | NY | 10020 | 862788853 | PENSION ORG | DE | 501(C)(25) | N/A | NYSTRS | 0 | |
| NYS TEACHERS' RETIREMENT SYSTEM | |||||||||||
| 10 CORPORATE WOODS DRIVE | ALBANY | NY | 12211 | 146000735 | PENSION ADMIN | NY | 401(A) | N/A | 0 | N/A | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| KNICKERBOCKER COLD STORAGE LLC | |||||||||
| 100 WILSHIRE BLVD SUITE 100 | SANTA MONICA | CA | 90401 | 862512503 | PENSION ORG | NY | N/A | 0 | 0 |
| MERRIT 7 INVESTORS LLC | |||||||||
| 230 PARK AVENUE 12TH FLOOR | NEW YORK | NY | 10169 | 452538607 | PENSION ORG | NY | N/A | 0 | 0 |
| MERRIT 7 VENTURES LLC | |||||||||
| 230 PARK AVENUE 12TH FLOOR | NEW YORK | NY | 10169 | 133834107 | PENSION ORG | NY | N/A | 0 | 0 |
| RSQ TOWER LLC | |||||||||
| 230 PARK AVENUE 12TH FLOOR | NEW YORK | NY | 10169 | 320538422 | PENSION ORG | NY | N/A | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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