FORM 10-QSB--QUARTERLY OR TRANSITIONAL REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                        Quarterly or Transitional Report

                      U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                    For the quarterly period ended June 30, 2001

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                For the transition period from _________to _________

                         Commission file number 0-15740

                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP

         (Exact name of small business issuer as specified in its charter)


         Delaware                                           04-2924048
(State or other jurisdiction of                          (I.R.S. Employer
 incorporation or organization)                         Identification No.)

                          55 Beattie Place, PO Box 1089

                        Greenville, South Carolina 29602
                      (Address of principal executive offices)

                                 (864) 239-1000
                           (Issuer's telephone number)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act  during the  preceding  12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days. Yes X No___

                         PART I - FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

a)

                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP

                                  BALANCE SHEET
                                   (Unaudited)
                          (in thousands, except unit data)

                                  June 30, 2001

<TABLE>
<CAPTION>


Assets
<S>                                                           <C>             <C>
   Cash and cash equivalents                                                $ 1,497
   Receivables and deposits                                                      30
   Other assets                                                                 921
   Investment property:
       Land                                                   $ 6,357
       Buildings and related personal property                 73,816
                                                               80,173
       Less accumulated depreciation                          (41,735)       38,438
                                                                           $ 40,886
Liabilities and Partners' Deficit
Liabilities
   Accounts payable                                                        $    177
   Tenant security deposit liabilities                                          310
   Accrued property taxes                                                       470
   Other liabilities                                                            700
   Mortgage note payable                                                     49,972

Partners' Deficit:
   General partner                                            $ (1,355)
   Limited partners (566 units issued and outstanding)          (9,388)     (10,743)
                                                                           $ 40,886

                   See Accompanying Notes to Financial Statements
</TABLE>

<PAGE>




b)

                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP

                            STATEMENTS OF OPERATIONS
                                   (Unaudited)
                        (in thousands, except per unit data)


<TABLE>
<CAPTION>

                                             Three Months Ended       Six Months Ended
                                                  June 30,                June 30,
                                              2001        2000        2001        2000
Revenues:
<S>                                        <C>         <C>         <C>         <C>
  Rental income                            $  3,315    $  3,001    $   6,553   $   5,953
  Other income                                  328         529          981         908
      Total revenues                          3,643       3,530        7,534       6,861

Expenses:
  Operating                                   1,037       1,257        2,541       2,449
  General and administrative                    115         130          265         213
  Depreciation                                  797         804        1,583       1,590
  Interest                                      968       1,004        1,942       2,103
  Property taxes                                210         200          471         408
      Total expenses                          3,127       3,395        6,712       6,763

Income before extraordinary item                516         135          732          98
Extraordinary loss on early
  extinguishment of debt                         --        (453)          --        (453)

Net income (loss)                          $    516    $   (318)   $     732   $    (355)

Net income (loss) allocated to general
  partner (3%)                             $     15    $    (10)   $      22   $     (11)
Net income (loss) allocated to
  limited partners (97%)                        501        (308)         710        (344)

                                           $    516    $   (318)   $     732   $    (355)
Per limited partnership unit:
  Income before extraordinary item         $ 885.16    $ 231.55    $1,254.42   $  167.95
  Extraordinary loss on early
   extinguishment of debt                        --     (775.72)          --     (775.72)

Net income (loss)                          $ 885.16    $(544.17)   $1,254.42   $ (607.77)

Distribution per limited partnership
  unit                                     $ 962.90    $     --    $  962.90   $1,353.36


                   See Accompanying Notes to Financial Statements
</TABLE>

<PAGE>


c)

                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP

                    STATEMENT OF CHANGES IN PARTNERS' DEFICIT
                                   (Unaudited)
                          (in thousands, except unit data)


<TABLE>
<CAPTION>

                                     Limited
                                   Partnership   General      Limited
                                      Units      Partner     Partners       Total

<S>                                    <C>         <C>        <C>          <C>
Original capital contributions         566         $ --       $47,533      $47,533

Partners' deficit at
   December 31, 2000                   566       $(1,360)     $(9,553)    $(10,913)

Distribution to partners                --           (17)        (545)        (562)

Net income for the six months
   ended June 30, 2001                  --            22          710          732

Partners' deficit at
   June 30, 2001                       566       $(1,355)     $(9,388)    $(10,743)


                   See Accompanying Notes to Financial Statements
</TABLE>


<PAGE>



d)
                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                   (in thousands)
<TABLE>
<CAPTION>

                                                                  Six Months Ended
                                                                        June 30,
                                                                  2001        2000
Cash flows from operating activities:
<S>                                                              <C>          <C>
  Net income (loss)                                              $   732      $ (355)
  Adjustments to reconcile net income (loss) to net cash
   provided by operating activities:
    Depreciation                                                   1,583       1,590
    Amortization of loan costs                                        21         172
    Extraordinary loss on early extinguishment of debt                --         453
    Change in accounts:
      Receivables and deposits                                       162      (1,749)
      Other assets                                                   (23)        (10)
      Accounts payable                                                 7         (43)
      Tenant security deposit liabilities                             76          (4)
      Accrued property taxes                                         470         402
      Other liabilities                                              185        (250)
       Net cash provided by operating activities                   3,213         206

Cash flows from investing activities:
  Property improvements and replacements                          (1,492)     (1,130)
  Net withdrawals from restricted escrows                             --          92
       Net cash used in investing activities                      (1,492)     (1,038)

Cash flows from financing activities:
  Payments on mortgage note payable                                 (570)       (381)
  Repayment of mortgage note payable                                  --     (44,442)
  Proceeds from mortgage note payable                                 --      51,000
  Loan costs paid                                                     --        (782)
  Prepayment penalties paid                                           --        (612)
  Distribution to partners                                        (2,642)       (790)
       Net cash (used in) provided by financing activities        (3,212)      3,993

Net (decrease) increase in cash and cash equivalents              (1,491)      3,161

Cash and cash equivalents at beginning of period                   2,988       3,004

Cash and cash equivalents at end of period                      $ 1,497      $ 6,165

Supplemental disclosure of cash flow information:
  Cash paid for interest                                        $ 1,922      $ 1,885

                   See Accompanying Notes to Financial Statements
</TABLE>


<PAGE>




e)

                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


Note A - Basis of Presentation

The  accompanying  unaudited  financial  statements of Riverside Park Associates
Limited  Partnership (the  "Partnership" or "Registrant")  have been prepared in
accordance with generally accepted  accounting  principles for interim financial
information  and  with the  instructions  to Form  10-QSB  and  Item  310(b)  of
Regulation  S-B.  Accordingly,  they do not include all of the  information  and
footnotes  required by generally  accepted  accounting  principles  for complete
financial  statements.  The  general  partner  of the  Partnership  is  Winthrop
Financial  Associates,  A Limited  Partnership (the "General Partner" or "WFA").
NHP Management  Company  ("NHP"),  the associate  general partner of the General
Partner  and  an  affiliate  of  Apartment  Investment  and  Management  Company
("AIMCO"),  has the right to cause the General Partner to take such action as it
deems advisable with respect to the  Partnership.  In the opinion of the General
Partner,  all adjustments  (consisting of normal recurring accruals)  considered
necessary for a fair presentation have been included.  Operating results for the
three and six month periods ended June 30, 2001 are not  necessarily  indicative
of the results  that may be expected  for the fiscal  year ending  December  31,
2001. For further  information,  refer to the financial statements and footnotes
thereto included in the Partnership's  Annual Report on Form 10-KSB for the year
ended December 31, 2000.

Segment Reporting:

Statement of Financial Standards ("SFAS") No. 131, "Disclosure about Segments of
an Enterprise and Related  Information"  established  standards for the way that
public business  enterprises  report  information  about  operating  segments in
annual financial  statements and requires that those enterprises report selected
information  about  operating  segments in interim  financial  reports.  It also
established  standards  for related  disclosures  about  products and  services,
geographic  areas,  and  major  customers.  As  defined  in SFAS  No.  131,  the
Partnership has only one reportable segment. Moreover, due to the very nature of
the Partnership's  operations,  the General Partner believes that  segment-based
disclosures will not result in a more meaningful presentation than the financial
statements as presently presented.

Note B - Transactions with Affiliated Parties

The  Partnership has no employees and is dependent on NHP and its affiliates for
the management and administration of all Partnership activities. The Partnership
Agreement  provides for certain  payments to affiliates  for services based on a
percentage  of revenue and an annual  partnership  and  investor  service fee of
$110,000 subject to a 6% annual increase.  The following  transactions  with NHP
and/or its affiliates were incurred during each of the six months ended June 30,
2001 and 2000:

                                                                  2001      2000
                                                                  (in thousands)
 Property management fees (included in operating expenses)        $299      $272

 Reimbursement for services of affiliates and investor
  service fees (included in general and administrative
  expenses, operating expenses and investment properties)          420       235

During  the six  months  ended June 30,  2001 and 2000,  affiliates  of NHP were
entitled  to  receive 4% of gross  receipts  from the  Partnership's  investment
property for providing  property  management  services.  The Partnership paid to
such  affiliates  approximately  $299,000  and $272,000 for the six months ended
June 30, 2001 and 2000, respectively.

An  affiliate  of  NHP  received  reimbursement  of  accountable  administrative
expenses  amounting  to  approximately  $420,000 and $235,000 for the six months
ended June 30, 2001 and 2000, respectively.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 367.16 limited partnership units in
the Partnership  representing  approximately  64.87% of the outstanding units at
June 30, 2001. A number of these units were  acquired  pursuant to tender offers
made by AIMCO or its  affiliates.  It is possible  that AIMCO or its  affiliates
will acquire  additional  limited  partnership  interests in the Partnership for
cash or in  exchange  for units in the  operating  partnership  of AIMCO  either
through private  purchases or tender offers.  Under the  Partnership  Agreement,
unitholders  holding a majority  of the units are  entitled  to take action with
respect to a variety of matters, which would include without limitation,  voting
on certain  amendments  to the  Partnership  Agreement  and voting to remove the
General  Partner.  As a result of its ownership of  approximately  64.87% of the
outstanding units, AIMCO is in a position to influence all voting decisions with
respect to the Registrant. When voting on matters, AIMCO would in all likelihood
vote the Units it acquired in a manner  favorable to the interest of the General
Partner because of its affiliation with the General Partner.

Note C - Extraordinary Loss on Early Extinguishment of Debt

On June 29, 2000,  the  Partnership  refinanced  its mortgage note payable.  The
refinancing replaced mortgage  indebtedness of approximately  $44,442,000 with a
new mortgage of  $51,000,000.  The mortgage  was  refinanced  at a rate of 7.64%
compared to the prior rate of 30 day LIBOR plus 2.75% (9.44% at June 30,  2000).
Payments of approximately  $415,000 are due on the first day of each month until
the loan matures on July 1, 2020 at which time the loan will be fully amortized.
Capitalized  loan costs  incurred as of June 30, 2000 for the  refinancing  were
approximately  $782,000.  Under the terms of the previous  loan  agreement,  the
Partnership  was going to be required  to pay a  repayment  fee to the lender of
$470,000 upon  maturity,  prepayment  or after  acceleration,  and as such,  the
Partnership  was accruing this amount over the life of the loan. At the time the
loan was  repaid,  the  Partnership  had  accrued  approximately  $345,000.  The
difference  between  the  accrual  and the fee paid of  approximately  $125,000,
additional  prepayment penalties of approximately  $142,000 and the write-off of
unamortized  loan costs of approximately  $186,000  resulted in an extraordinary
loss on early extinguishment of debt of approximately $453,000.

Note D - Distributions

The Partnership paid  approximately  $2,080,000 in distributions  from cash from
operations that the Partnership had declared at December 31, 2000 during the six
months  ended June 30,  2001.  During the six months  ended June 30,  2001,  the
Partnership   declared  and  paid  a  distribution  of  approximately   $562,000
(approximately  $545,000  to  the  limited  partners,  or  $962.90  per  limited
partnership  unit) from cash from  operations.  During the six months ended June
30, 2000, the  Partnership  declared and paid a distribution  from operations of
approximately  $790,000  (approximately  $766,000  to the  limited  partners  or
$1,353.36  per limited  partnership  unit).  Subsequent  to June 30,  2001,  the
Partnership distributed  approximately $1,040,000  (approximately  $1,009,000 to
the limited partners or $1,782.69 per limited  partnership  unit) from cash from
operations.

Note E - Contingencies

The Partnership is unaware of any pending or outstanding  litigation that is not
of a routine nature arising in the ordinary course of business.

ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The  matters  discussed  in this Form  10-QSB  contain  certain  forward-looking
statements  and  involve  risks and  uncertainties  (including  changing  market
conditions,   competitive  and  regulatory   matters,   etc.)  detailed  in  the
disclosures  contained  in this  Form  10-QSB  and the  other  filings  with the
Securities and Exchange  Commission made by the  Partnership  from time to time.
The  discussion  of  the  Partnership's  business  and  results  of  operations,
including  forward-looking  statements pertaining to such matters, does not take
into  account  the  effects of any  changes to the  Partnership's  business  and
results of operations.  Accordingly, actual results could differ materially from
those  projected in the  forward-looking  statements  as a result of a number of
factors, including those identified herein.

The  Partnership's  sole  asset  is a 1,229  unit  apartment  complex  known  as
Riverside Park located in Fairfax  County,  Virginia.  The property is leased to
tenants subject to leases of up to one year. Average occupancy for the first six
months of 2001 was 96%  compared  to 99% for the  corresponding  period in 2000.
This decrease in occupancy is  attributable  to tenants  purchasing new homes in
the area as a result of lower interest rates.

Results of Operations

The  Partnership's  net income for the six months ended June 30,  2001,  totaled
approximately  $732,000 as compared to a net loss of approximately  $355,000 for
the six months ended June 30, 2000. The Partnership  realized net income for the
three months ended June 30, 2001, of  approximately  $516,000  compared to a net
loss of  approximately  $318,000 for the three  months ended June 30, 2000.  The
increase  in net  income for the three and six  months  ended  June 30,  2001 is
attributable  to an increase in total revenues and a decrease in total expenses.
Net income also increased for the comparable  periods due to the  recognition of
an  extraordinary  loss on early  extinguishment  of debt for the  three and six
months  ended June 30,  2000 which was not  applicable  during the three and six
months  ended June 30,  2001 as  discussed  below.  Income for the three and six
months  ended  June  30,  2001  was   approximately   $616,000   and   $832,000,
respectively,  as  compared  to income  before the  extraordinary  loss on early
extinguishment  of debt of approximately  $135,000 and $98,000 for the three and
six months ended June 30, 2000, respectively.

The increase in income before the extraordinary  loss for the three months ended
June 30, 2001 is attributable to an increase in total revenues and a decrease in
total expenses.  Total revenues increased primarily due to an increase in rental
income,  partially offset by a decrease in other income.  The increase in rental
income is  primarily  the result of an increase in average  rental  rates at the
investment  property  which more than offset the  decrease in  occupancy  at the
property as discussed above. Other income decreased  primarily due to a decrease
in corporate  housing income,  which is no longer being charged at the property.
Other  income also  decreased  due to a decrease in utility  income and interest
income due to lower cash balances in interest bearing accounts.  The decrease in
total expenses is primarily due to a decrease in operating expenses and interest
expense.  The decrease in  operating  expenses is due to a decrease in corporate
housing expenses, which is no longer being charged at the property. The decrease
in interest  expense is primarily due to the  refinancing  of the  Partnership's
mortgage loan on the property in 2000 as discussed below.

The increase in income  before the  extraordinary  loss for the six months ended
June 30,  2001 is  attributable  to an increase  in total  revenues  while total
expenses  remained  constant.  Total  revenues  increased  primarily  due  to an
increase  in rental  income and an  increase in other  income.  The  increase in
rental income is primarily the result of an increase in average  rental rates at
the investment  property which more than offset the decrease in occupancy at the
property.  Other  income  increased  primarily  due to a net increase in utility
reimbursements.  The  decrease in interest  expense was offset by an increase in
operating expense, general and administrative expenses and property tax expense.
The decrease in interest  expense is  primarily  due to the  refinancing  of the
Partnership's  mortgage  loan on the  property in 2000 as discussed  below.  The
increase in operating  expense is primarily due to increases in utility expense,
employee   bonuses  and   business   permits.   The   increase  in  general  and
administrative expenses is due to an increase in reimbursements to the associate
general  partner  allowed  under the  Partnership  Agreement.  Also  included in
general and  administrative  expense for the three and six months ended June 30,
2001 and 2000 are costs associated with the quarterly and annual  communications
with  investors  and  regulatory  agencies and the annual audit  required by the
Partnership  Agreement  are also  included.  Property  tax  increased  due to an
increase in the  assessed  value of the  property as  established  by the taxing
authorities.

As part of the ongoing business plan of the Partnership,  the associate  general
partner  monitors the rental market  environment of its  investment  property to
assess the feasibility of increasing rents,  maintaining or increasing occupancy
levels and protecting  the  Partnership  from increases in expenses.  As part of
this plan, the associate  general  partner  attempts to protect the  Partnership
from the burden of  inflation-related  increases in expenses by increasing rents
and maintaining a high overall occupancy level.  However, due to changing market
conditions,  which  can  result  in the use of  rental  concessions  and  rental
reductions to offset softening market conditions, there is no guarantee that the
associate general partner will be able to sustain such a plan.

Liquidity and Capital Resources

At  June  30,  2001,  the  Partnership   held  cash  and  cash   equivalents  of
approximately $1,497,000, compared to approximately $6,165,000 at June 30, 2000.
Cash and cash equivalents decreased approximately  $1,491,000 for the six months
ended June 30, 2001 from the  Partnership's  year ended December 31, 2000.  This
decrease  was  due  to  approximately  $3,212,000  of  cash  used  in  financing
activities and  approximately  $1,492,000 of cash used in investing  activities,
partially  offset by  approximately  $3,213,000  of cash  provided by  operating
activities.  Cash used in financing activities consisted of distributions to the
partners,  and  payments  of  principle  made on the  mortgage  encumbering  the
Partnership's  investment property.  Cash used in investing activities consisted
of property  improvements and replacements.  The Partnership invests its working
capital reserves in interest bearing accounts.

On June 29, 2000,  the  Partnership  refinanced  its mortgage note payable.  The
refinancing replaced mortgage  indebtedness of approximately  $44,442,000 with a
new mortgage of  $51,000,000.  The mortgage  was  refinanced  at a rate of 7.64%
compared to the prior rate of 30 day LIBOR plus 2.75% (9.44% at June 30,  2000).
Payments of approximately  $415,000 are due on the first day of each month until
the loan matures on July 1, 2020 at which time the loan will be fully amortized.
Capitalized  loan costs  incurred as of June 30, 2000 for the  refinancing  were
approximately  $782,000.  Under the terms of the previous  loan  agreement,  the
Partnership  was going to be required  to pay a  repayment  fee to the lender of
$470,000 upon  maturity,  prepayment  or after  acceleration,  and as such,  the
Partnership  was accruing this amount over the life of the loan. At the time the
loan was  repaid,  the  Partnership  had  accrued  approximately  $345,000.  The
difference  between  the  accrual  and the fee paid of  approximately  $125,000,
additional  prepayment penalties of approximately  $142,000 and the write-off of
unamortized  loan costs of approximately  $186,000  resulted in an extraordinary
loss on early extinguishment of debt of approximately $453,000.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures required at the property to adequately maintain the physical assets
and other operating  needs of the Partnership and to comply with Federal,  state
and local legal and regulatory  requirements.  Capital  improvements planned for
the Partnership's investment property are as follows.

During  the  six  months  ended  June  30,  2001,   the   Partnership   expended
approximately  $1,492,000  for  capital  improvements  and  replacements  at its
investment property,  consisting primarily of structural improvements,  elevator
upgrades, floor covering and appliance replacements,  air conditioning upgrades,
interior decoration improvements,  and lighting improvement.  These improvements
were funded from operating cash flow. The Partnership  has budgeted,  but is not
limited to, capital  improvements  of  approximately  $4,192,000 for 2001 at the
property  which  consist  of  structural   improvements,   interior   decoration
improvements,  garage and carport enhancements,  parking lot improvements, floor
covering replacements, air conditioning upgrades, and elevator upgrades.

The additional  capital  expenditures will be incurred only if cash is available
from operations or from  Partnership  reserves.  To the extent that such capital
improvements are completed,  the Partnership's  distributable cash flow, if any,
may be adversely affected at least in the short term.

The  Partnership's  assets  are  currently  thought  to be  sufficient  for  any
near-term needs  (exclusive of capital  improvements)  of the  Partnership.  The
mortgage  indebtedness of approximately  $49,972,000 is being amortized over 240
months  until the loan  matures  on July 1, 2020 at which  time the loan will be
fully  amortized.  The General Partner will attempt to refinance and/or sell the
property  prior to such maturity  date. If the property  cannot be refinanced or
sold for a sufficient  amount,  the  Partnership  will risk losing such property
through foreclosure.

The Partnership paid  approximately  $2,080,000 in distributions  from cash from
operations that the Partnership had declared at December 31, 2000 during the six
months  ended June 30,  2001.  During the six months  ended June 30,  2001,  the
Partnership   declared  and  paid  a  distribution  of  approximately   $562,000
(approximately  $545,000  to  the  limited  partners,  or  $962.90  per  limited
partnership  unit) from cash from  operations.  During the six months ended June
30, 2000, the  Partnership  declared and paid a distribution  from operations of
approximately  $790,000  (approximately  $766,000  to the  limited  partners  or
$1,353.36  per limited  partnership  unit).  Subsequent  to June 30,  2001,  the
Partnership distributed  approximately $1,040,000  (approximately  $1,009,000 to
the limited partners or $1,782.69 per limited  partnership  unit) from cash from
operations.  The  Partnership's  distribution  policy is  reviewed  on a monthly
basis. Future cash distributions will depend on the levels of net cash generated
from  operations,  the  availability  of cash  reserves,  and timing of the debt
maturity,  refinancing  and/or sale of the property.  There can be no assurance,
however,  that the Partnership  will generate  sufficient  funds from operations
after  required  capital  expenditures  to permit further  distributions  to its
partners during the remainder of 2001 or subsequent periods.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 367.16 limited partnership units in
the Partnership  representing  approximately  64.87% of the outstanding units at
June 30, 2001. A number of these units were  acquired  pursuant to tender offers
made by AIMCO or its  affiliates.  It is possible  that AIMCO or its  affiliates
will acquire  additional  limited  partnership  interests in the Partnership for
cash or in  exchange  for units in the  operating  partnership  of AIMCO  either
through private  purchases or tender offers.  Under the  Partnership  Agreement,
unitholders  holding a majority  of the units are  entitled  to take action with
respect to a variety of matters, which would include without limitation,  voting
on certain  amendments  to the  Partnership  Agreement  and voting to remove the
General  Partner.  As a result of its ownership of  approximately  64.87% of the
outstanding units, AIMCO is in a position to influence all voting decisions with
respect to the Registrant. When voting on matters, AIMCO would in all likelihood
vote the Units it acquired in a manner  favorable to the interest of the General
Partner because of its affiliation with the General Partner.

                           PART II - OTHER INFORMATION



ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K

            a)    Exhibits:

                  None.

            b)    Reports on Form 8-K:

                  Current  Report  on Form 8-K  dated  July 6, 2001 and filed on
                  July 13, 2001, disclosing the dismissal of Arthur Andersen LLP
                  as the Registrant's  certifying accountant and the appointment
                  of Ernst & Young  LLP as the  certifying  accountants  for the
                  year ended December 31, 2001.

                                   SIGNATURES



In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.



                                   RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP


                                    By:   WINTHROP FINANCIAL ASSOCIATES,
                                          A LIMITED PARTNERSHIP
                                          General Partner


                                    By:   NHP Management Company,
                                          Associate General Partner


                                    By:   /s/Patrick J. Foye
                                          Patrick J. Foye
                                          Executive Vice President


                                    By:   /s/Martha L. Long
                                          Martha L. Long
                                          Senior Vice President and
                                          Controller


                                    Date: July 31, 2001