SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                  SCHEDULE 13G

             Information statement pursuant to Rule 13d-1 and 13d-2

                                (Amendment No. )*



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                            Simon Property Group Inc.
                                (Name of issuer)


                                  Common Stock
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                         (Title of class of securities)


                                   828 806 109
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                                 (CUSIP number)


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     Check the following box if a fee is being paid with this  statement / /. (A
fee is not required only if the filing person:  (1) has a previous  statement on
file  reporting  beneficial  ownership of more than five percent of the class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7.)

                        (Continued on following page(s))

                               (Page 1 of 5 Pages)
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*    The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
     would alter the disclosures provided in a prior cover page.

     The  information  required in the remainder of this cover page shall not be
     deemed to be  "filed"  for the  purpose  of  Section  18 of the  Securities
     Exchange  Act of 1934  or  otherwise  subject  to the  liabilities  of that
     section of the Act but shall be subject to all other  provisions of the Act
     (however, see the Notes).

- ----------------------------------- --------------------------------- 13G CUSIP No. 828 806 109 Page 2 of 5 Pages - ----------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Long Term Investment Trust (F.K.A. AT&T Master Pension Trust)* - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/___/ (b)/___/ - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER 5 17,933,850 OF - -------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 6 0 OWNED __________________________________________________ SOLE DISPOSITIVE POWER BY 7 17,933,850 EACH - -------------------------------------------------- REPORTING SHARED DISPOSITIVE POWER PERSON 8 0 WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,933,850 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) ___ EXCLUDES CERTAIN SHARES* /___/ - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.34% - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! * Held by State Street Bank as trustee of the Long Term Investment Trust

CUSIP No. 828 806 109 Page 3 of 5 SCHEDULE 13G Item 1(a). Name of Issuer: Simon Property Group Inc. Item 1(b). Address of Issuer's Principal Executive Offices: Simon Property Group Inc. 115 West Washington Street Indianapolis, IN 46204 Item 2(a). Name of Person Filing: See Item 1 of Page 2 Item 2(b). Address of Principal Business Office or, if none, Residence: State Street Bank and Trust Company as Trustee One Enterprise Drive, North Quincy, MA 02171 Item 2(c). Citizenship: See Item 4 of Page 2 Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 828 806 109 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act, (b) [ ] Bank as defined in Section 3(a)(6) of the Act, (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act, (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, (f) [XXX] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F), (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); see Item 7, (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).

CUSIP No. 828 806 109 Page 4 of 5 Item 4. Ownership (a) Amount Beneficially Owned: See Item 9 of Page 2 (b) Percent of Class: See Item 11 of Page 2 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote - See Item 5 of Page 2 (ii) Shared power to vote or to direct the vote - See Item 6 of Page 2 (iii) Sole power to dispose or to direct the disposition of - See Item 7 of Page 2 (iv) Shared power to dispose or to direct the disposition of - See Item 8 of Page 2 Item 5. Ownership of Five Percent or Less of a Class Not applicable to Reporting Person Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable to Reporting Person Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable to Reporting Person Item 8. Identification and Classification of Members of the Group: Not applicable to Reporting Person Item 9. Notice of Dissolution of a Group: Not applicable to Reporting Person Item 10. Certification:

CUSIP No. 828 806 109 Page 5 of 5 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LONG TERM INVESTMENT TRUST By: AT&T Investment Management Corporation as named fiduciary of Trust By: /s/ Lynn Carroll ------------------------------ Name: Lynn Carroll Title: Vice President and Chief Operating Officer Dated: January 19, 2000