SECURITIES AND EXCHANGE COMMISSION
                                 Washington, DC

                            -------------------------

                                    FORM 10-Q


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


For the quarterly period ended November 30, 2001

OR


      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 0-17793


                   Wilder Richman Historic Properties II, L.P.
                   -------------------------------------------
             (Exact name of Registrant as specified in its charter)


          Delaware                                               13-3481443
---------------------------------                            -------------------
State or other jurisdiction of                                (I.R.S. Employer
incorporation or organization                                Identification No.)


      599 W. Putnam Avenue
      Greenwich, Connecticut                                         06830
--------------------------------------                              --------
(Address of principal executive offices)                            Zip Code


Registrant's telephone number, including area code:  (203) 869-0900


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 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 filing requirements
for the past 90 days.


Yes     X        No
     --------       -------


<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.

                         Part I - Financial Information


Table of Contents
-----------------

Item 1.     Financial Statements                                            Page
            --------------------                                            ----

       Balance Sheets as of November 30, 2001 (Unaudited) and
         February 28, 2001                                                    3

       Statements of Operations for the three and nine month
         periods ended November 30, 2001 and 2000 (Unaudited)                 4

       Statements of Cash Flows for the nine months ended
         November 30, 2001 and 2000 (Unaudited)                               5

       Notes to Financial Statements as of November 30, 2001
         (Unaudited)                                                          6


Item 2.     Management's Discussion and Analysis of Financial
            Condition and Results of Operations                               9
            -------------------------------------------------


Item 3.     Quantitative and Qualitative Disclosure about Market Risk        11
            ---------------------------------------------------------


                                       2

<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                                 BALANCE SHEETS


                                           November 30, 2001
                                             (Unaudited)      February 28, 2001
                                             -----------      -----------------

ASSETS

Cash and cash equivalents                   $    142,226       $    157,990

Investment in operating partnerships           1,901,231          1,405,503

Accrued interest receivable                       10,779             10,084
                                            ------------       ------------
                                            $  2,054,236       $  1,573,577
                                            ============       ============

LIABILITIES AND PARTNERS' EQUITY (DEFICIT)

Liabilities

  Other liabilities                         $      7,500       $     10,000
  Due to related parties                         190,451            179,201
                                            ------------       ------------
                                                 197,951            189,201
                                            ------------       ------------

Partners' equity (deficit)

  Limited partners                             1,994,391          1,527,201
  General partner                               (138,106)          (142,825)
                                            ------------       ------------
                                               1,856,285          1,384,376
                                            ------------       ------------
                                            $  2,054,236       $  1,573,577
                                            ============       ============


                       See notes to financial statements.


                                       3
<PAGE>

<TABLE>
<CAPTION>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)


                                      Three Months   Nine Months   Three Months   Nine Months
                                          Ended         Ended          Ended         Ended
                                       November 30,  November 30,   November 30,  November 30,
                                          2001          2001           2000          2000
                                       -----------   -----------    -----------   -----------

REVENUES

<S>                                      <C>          <C>         <C>          <C>
  Interest                               $     944    $   4,088    $    2,138    $    9,067

EXPENSES

  Operating                                 11,998       27,907         7,076        25,705
                                         ---------    ---------    ----------    ----------

Loss from operations                       (11,054)     (23,819)       (4,938)      (16,638)
                                         ---------    ---------    ----------    ----------

Equity in income (loss) of
  operating partnerships                   421,899      495,728      (135,920)     (175,046)

Extraordinary item - operating
    partnership write-off of financing
    costs                                                                          (429,112)
                                         ---------    ---------    ----------    ----------

Net earnings (loss) from operating
     partnerships                          421,899      495,728      (135,920)     (604,158)
                                         ---------    ---------    ----------    ----------

NET EARNINGS (LOSS)                      $ 410,845    $ 471,909    $ (140,858)   $ (620,796)
                                         =========    =========    ==========    ==========

NET EARNINGS (LOSS) PER UNIT
  OF LIMITED PARTNERSHIP INTEREST        $  508.42    $  583.99    $  (174.31)   $  (768.24)
                                         =========    =========    ==========    ==========
</TABLE>


                       See notes to financial statements.


                                       4
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                            STATEMENTS OF CASH FLOWS
                  NINE MONTHS ENDED NOVEMBER 30, 2001 AND 2000
                                   (Unaudited)


                                                  2001               2000
                                              ----------         -----------

CASH FLOWS FROM OPERATING ACTIVITIES

Net earnings (loss)                           $  471,909         $ (620,796)

Adjustments to reconcile net earnings
  (loss) to net cash used in operating
  activities

   Equity in loss (income) of operating
     partnerships                               (495,728)           604,158
   Increase in accrued interest receivable          (695)               (95)
   Decrease in other liabilities                  (2,500)            (2,500)
   Increase in due to related parties             11,250             11,250
                                              ----------         ----------
Net cash used in operating activities            (15,764)            (7,983)
                                              ----------         ----------

Net decrease in cash and cash equivalents        (15,764)            (7,983)

Cash and cash equivalents at beginning
  of period                                      157,990            180,125
                                              ----------         ----------

Cash and cash equivalents at end of period    $  142,226         $  172,142
                                              ==========         ==========


                       See notes to financial statements.


                                       5
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                          NOTES TO FINANCIAL STATEMENTS
                                NOVEMBER 30, 2001
                                   (Unaudited)


1.   The accompanying unaudited financial statements have been prepared in
     accordance with generally accepted accounting principles for interim
     financial information. They do not include all information and footnotes
     required by generally accepted accounting principles for complete financial
     statements. The results of operations are impacted significantly by the
     results of operations of the Operating Partnerships, which are provided on
     an unaudited basis during interim periods. Accordingly, the accompanying
     financial statements are dependent on such unaudited information. In the
     opinion of the General Partner, the financial statements include all
     adjustments necessary to reflect fairly the results of the interim periods
     presented. All adjustments are of a normal recurring nature. No significant
     events have occurred subsequent to February 28, 2001 and no material
     contingencies exist which would require additional disclosures in the
     report under Regulation S-X, Rule 10-01 paragraph A-5, except as described
     below in Note 2 and in Part II, Item 5.

     The results of operations for the nine months ended November 30, 2001 are
     not necessarily indicative of the results to be expected for the entire
     year.

2.   The investment in Operating Partnerships as of November 30, 2001 and
     February 28, 2001 is as follows:


      Amount paid to investee through February 28, 2001           $ 16,388,000

      Accumulated cash distributions received from
         Operating Partnerships through February 28, 2001           (3,180,441)

      Equity in accumulated loss of Operating Partnerships
         through February 28, 2001                                 (11,802,056)
                                                                  ------------

      Balance, February 28, 2001                                     1,405,503

      Equity in income of Operating Partnerships for
         the nine months ended November 30, 2001                       495,728
                                                                  ------------

      Balance, November 30, 2001                                  $   1,901,231
                                                                  =============


                                       6
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                    NOTES TO FINANCIAL STATEMENTS - continued
                                NOVEMBER 30, 2001
                                   (Unaudited)


2.    (Continued)

      The combined balance sheets of the Operating Partnerships as of September
      30, 2001 and December 31, 2000 are as follows:

                                                    September 30,
                                                       2001         December 31,
                                                    (Unaudited)        2000
                                                    -----------        ----

      ASSETS

Land                                               $ 1,150,473     $ 1,150,473
Buildings and equipment (net of
  accumulated depreciation of $16,277,933
  and $15,245,400)                                  37,959,433      38,655,465
Cash and cash equivalents                            3,082,130       1,959,906
Tenant accounts receivable                             113,466
Deferred costs                                         854,239         876,139
Mortgage escrow deposits                               879,190       2,854,409
Tenant security deposits                               854,283         852,014
Capital improvement reserve                          2,103,949
Prepaid expenses and other assets                       22,860          92,372
                                                   -----------     -----------
                                                   $47,020,023     $46,440,778
                                                   ===========     ===========

LIABILITIES AND PARTNERS' EQUITY

Liabilities

  Mortgages payable                                $28,600,000     $28,600,000
  Accounts payable and accrued expenses                 25,264         199,935
  Accrued interest                                      45,040          45,040
  Tenant security deposits payable                     852,014         852,014
  Due to general partner and affiliates              1,010,160         976,571
                                                   -----------     -----------
                                                    30,532,478      30,673,560
Partners' equity

  Wilder Richman Historic Properties
    II, L.P.                                         1,901,231       1,405,503
  General partner                                   14,586,314      14,361,715
                                                   -----------     -----------
                                                    16,487,545      15,767,218
                                                   -----------     -----------
                                                   $47,020,023     $46,440,778
                                                   ===========     ===========


                                       7
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.
                    NOTES TO FINANCIAL STATEMENTS - continued
                                NOVEMBER 30, 2001
                                   (Unaudited)


2.    (Continued)

      The unaudited statements of operations of the Operating Partnerships for
      the nine months ended September 30, 2001 and 2000 are as follows:


                                                   2001              2000
                                               -----------       ------------

      REVENUE                                  $ 5,626,368        $ 5,307,507
                                               -----------        -----------

      Rent                                       5,626,368          5,307,507
                                               -----------        -----------

      EXPENSES

      Administrative                               807,132            520,012
      Operating                                  2,001,622          2,502,877
      Management fees                              220,119            178,326
      Interest                                     822,735          1,266,474
      Depreciation and amortization              1,054,433          1,016,632
                                               -----------        -----------
                                                 4,906,041          5,484,321
                                               -----------        -----------

      Income (loss) before extraordinary item      720,327           (176,814)

      Extraordinary item - write-off of
        financing fees                         -----------           (433,447)

      NET EARNINGS (LOSS)                      $   720,327        $  (610,261)
                                               ===========        ===========

      NET EARNINGS (LOSS) ALLOCATED TO

      Wilder Richman Historic Properties
        II, L.P.                               $   495,728        $  (604,158)
      General Partner                              224,599             (6,103)
                                               -----------        -----------
                                               $   720,327        $  (610,261)
                                               ===========        ===========


3.    Additional information, including the audited February 28, 2001 Financial
      Statements and the Summary of Significant Accounting Policies, is included
      in the Partnership's Annual Report on Form 10-K for the fiscal year ended
      February 28, 2001 on file with the Securities and Exchange Commission.


                                       8
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.

Item 2   Management's Discussion and Analysis of Financial Conditions and
         Results of Operations
         ----------------------------------------------------------------

Liquidity and Capital Resources

As of November 30, 2001, Wilder Richman Historic Properties II, L.P. (the
"Partnership") experienced few changes in its financial condition as compared to
February 28, 2001, with the exception of the investment in the Operating
Partnerships resulting from the equity in income of operating partnerships for
the nine months ended September 30, 2001.

The Operating Partnerships refinanced their respective outstanding mortgage
liabilities as of April 28, 2000 (the "Refinancing"). Prior to the Refinancing,
the annual fixed interest rate of the mortgage was approximately 6.74%. The
total new indebtedness in the amount of $28,600,000 for a term of 30 years was
provided by (a) variable-rate tax-exempt bonds in the amount of $26,435,000 and
(b) variable-rate taxable bonds in the amount of $2,165,000. The initial
interest rates on the tax-exempt and taxable bonds are 5.1% and 6.15%,
respectively. The Operating Partnerships purchased an interest rate cap, which
would limit the interest rates to 6.97% for five years on the tax-exempt portion
and 9.15% for five and one-half years on the taxable portion. Proceeds from the
new bond issue enabled the Operating Partnerships to create a reserve for
capital improvements of approximately $1,365,000. In addition, the balance in
the replacement reserve at the date of the Refinancing (approximately $903,000)
was transferred to the capital improvement reserve.

As a result of the reduction of the mortgage interest rate, there may be greater
potential for the Operating Partnerships to generate cash flow. However, the
Partnership's ability to make distributions will depend on the level of interest
rates and future operating results of the Complex, which will be extremely
dependent on competition, market conditions and needed capital improvements and
repairs. Accordingly, there can be no assurance as to whether or not the
Partnership may be able to make distributions, nor the timing or amount of any
potential distributions to Limited Partners. The Operating General Partners and
the General Partner plan to periodically assess the possible resumption of cash
flow distributions, based on the results of operations, the physical condition
of the Property (see discussion below), the then current interest rates, and
local market conditions, among other things. To the extent cash flow is
generated by the Operating Partnerships, such cash flow may be retained by the
Operating Partnerships or may be distributed at the discretion of management,
pursuant to the terms of the limited partnership agreements of the Operating
Partnerships.

The Property is reporting cash flow for the nine months ended September 30, 2001
(see Results of Operations, below) and the Operating Partnerships' cash and cash
equivalents as of September 30, 2001 have increased by approximately $1,122,000
as compared to December 31, 2000, while accounts payable and accrued expenses
have decreased by approximately $175,000. The capital improvement escrow and
replacement reserve accounts, which are controlled by the lender for the purpose
of funding planned capital improvements and needed repairs, are approximately
$2,104,000 and $148,000, respectively as of September 30, 2001. The principal
reserve, which is controlled by the lender for purposes of amortizing the debt,
is approximately $432,000 as of September 30, 2001. Each of the foregoing
reserves and escrows are reflected in the Operating Partnerships' balance sheet
under the caption mortgage escrow deposits. Although the planned improvements
have been primarily funded from operating cash thus far, the Operating General
Partner intends to request to have the funds transferred to the operating
account from the capital improvements escrow.

Because the Property has been in operation for more than ten years, management
has been addressing the need for extensive capital improvements. As a result of
the Refinancing, significant capital improvements were scheduled for the Complex
throughout 2000 and 2001. The improvements that were contemplated as part of the
Refinancing include roof replacement, replacement of the fire/smoke alarm
system, elevator repairs, new entry doors and other repairs throughout the
Complex, have been substantially completed as of September 30, 2001. In
addition, the Operating General Partner has identified other potential
significant capital improvements and repairs throughout the Complex, which it
intends to address over the next few years. Such capital improvements and
repairs would significantly reduce the Operating Partnerships' cash flow
available for distribution. Furthermore, the local rental market has softened
due to the recent economic recession and the events of September 11, 2001; as a
result, the local competition has reduced their rental rates. Management is
implementing a rental reduction in order to maintain its position in the market,
which will adversely affect cash flow; such affect may be offset (or
exacerbated) by changes in the low floater mortgage interest rates. Depending on
market conditions, rents may need to be further adjusted. Accordingly, although
the Property's current economic condition is stable, the Operating General
Partner has determined that the Operating Partnerships will not make a cash flow
distribution for the year ended December 31, 2001. The Operating General Partner
and the General Partner plan to periodically assess the feasibility of cash flow
distributions based on the results of operations, the physical condition of
the Property, the then current interest rates and local market conditions, among
other things.

                                       9
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.

Item 2   Management's Discussion and Analysis of Financial Conditions and
         Results of Operations
         ----------------------------------------------------------------

The Partnership's operating results are dependent upon the operating results of
the Operating Partnerships and are significantly impacted by the Operating
Partnerships' policies. The Partnership accounts for its investment in the
Operating Partnerships in accordance with the equity method of accounting, under
which the investment is carried at cost and is adjusted for the Partnership's
share of the Operating Partnerships' results of operations and by any cash
distributions received. Equity in loss of each investment in Operating
Partnership allocated to the Partnership is recognized to the extent of the
Partnership's investment balance in each Operating Partnership. Any equity in
loss in excess of the Partnership's investment balance in an Operating
Partnership is allocated to other partners' capital in any Operating
Partnership. As a result, the equity in loss of investment in operating
partnerships is expected to decrease as the Partnership's investment balances in
the respective Operating Partnerships become zero. However, the combined
statements of operations of the Operating Partnerships reflected in Note 2 to
the Partnership's financial statements include the operating results of all
Operating Partnerships, regardless of the Partnership's investment balances.

Results of Operations

For the nine months ended November 30, 2001, the statement of operations of the
Partnership reflects net earnings of $471,909, which includes equity in income
of operating partnerships of $495,728. The Operating Partnerships reported net
earnings during the nine months ended September 30, 2001 of $720,327, which
includes depreciation and amortization expense of approximately $1,054,000 and
non capitalized planned maintenance expenditures of approximately $133,000. The
Operating Partnerships generated cash flow from operations after required debt
service payments and required replacement reserve deposits during the nine
months ended September 30, 2001 of approximately $1,133,000, which includes
principal reserve deposits under the mortgages (approximately $249,000),
deposits to required escrows (approximately $57,000) and capitalized planned
capital expenditures (approximately $336,000). The Operating Partnerships'
results of operations include the settlement of previously pending litigation
matters in the aggregate amount of $310,000, including plaintiffs' legal fees,
plus the Operating Partnerships' legal fees. The Operating Partnerships' results
of operations for the nine months ended September 30, 2001 were enhanced by the
Refinancing, as interest expense declined by approximately $444,000 as compared
to the nine months ended September 30, 2000. The Operating Partnerships did not
utilize any replacement reserves during the nine months ended September 30,
2001, but the Operating General Partner intends to apply to the lender for a
release of the capital improvement reserve to reimburse the cost of the capital
expenditures and planned maintenance expenditures.

For the nine months ended November 30, 2000, the statement of operations of the
Partnership reflects a net loss of $620,796, which includes equity in loss of
operating partnerships of $604,158. The Operating Partnerships reported a net
loss during the nine months ended September 30, 2000 of $610,261, which includes
depreciation and amortization expense of approximately $1,017,000, non
capitalized planned maintenance expenditures of approximately $530,000 and the
write-off of unamortized financing fees resulting from the Refinancing of
approximately $433,000. The Operating Partnerships generated cash flow from
operations after required debt service payments and required replacement reserve
deposits during the nine months ended September 30, 2000 of approximately
$520,000, which includes principal amortization under the mortgages
(approximately $166,000) and deposits to required escrows (approximately $50,000
for replacement reserves and approximately $103,000 for a principal reserve for
the second mortgage, which principal is paid semi-annually). The Operating
Partnerships did not utilize any replacement reserves or the capital improvement
reserve during the nine months ended September 30, 2000.

Although the operations of the Operating Partnerships have improved over the
last several years, management is continuing to examine methods to maintain high
occupancy rates while monitoring rents relative to the local market and closely
monitoring operating costs. The average occupancy for the nine months ended
September 30, 2001 and 2000 was approximately 98%. The future operating results
of the Complex will be extremely dependent on market conditions and therefore
may be subject to significant volatility.

                                       10
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.


Item 3   Quantitative and Qualitative Disclosure about Market Risk
         ---------------------------------------------------------

The Partnership has market risk sensitivity with regard to financial instruments
concerning potential interest rate fluctuations in connection with the low
floater rates associated with the Operating Partnerships' mortgages. Although an
interest rate cap has been purchased, an increase in the low-floater interest
rates of .25% would have an annualized impact of approximately $70,000 on the
Operating Partnerships' results of operations.


                                       11
<PAGE>

                   WILDER RICHMAN HISTORIC PROPERTIES II, L.P.

                           Part II - Other Information
                                     -----------------


Item 1.  Legal Proceedings
         -----------------

         Registrant is not aware of any material legal proceedings.

Item 2.  Changes in Securities
         ---------------------

         None

Item 3.  Defaults Upon Senior Securities
         -------------------------------

         None

Item 4.  Submission of Matters to a Vote of Security Holders
         ---------------------------------------------------

         None

Item 5.  Other Information
         -----------------

         None



                                       12
<PAGE>

                                   SIGNATURES


   Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                    WILDER RICHMAN HISTORIC PROPERTIES II, L.P.

                                    By: Wilder Richman Historic Corporation
                                        General Partner


Dated:  January 22, 2002            /s/ Richard Paul Richman
                                    -------------------------------------
                                    Richard Paul Richman
                                    President and Chief Executive Officer



                                       13