<ARTICLE>                     5
<LEGEND>
           This schedule contains summary financial information extracted from
           Atlantic Realty Trust's Consolidated Statements of Net Assets in
           Liquidation and is qualified in its entirety by reference to
           such financial statement.
</LEGEND>
<CIK>                         0000948975
<NAME>                        ATLANTIC REALTY TRUST

                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   MAR-31-2000
<CASH>                                         24,345,660
<SECURITIES>                                   0
<RECEIVABLES>                                  1,100,000
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               0
<PP&E>                                         37,700,000
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 63,145,660
<CURRENT-LIABILITIES>                          4,316,523
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                                     58,829,137
<TOTAL-LIABILITY-AND-EQUITY>                   63,145,660
<SALES>                                        0
<TOTAL-REVENUES>                               0
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                0
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            0
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   0
<EPS-BASIC>                                    0
<EPS-DILUTED>                                  0