UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. )*

                        Arpeggio Acquisition Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, $0.0001 Par Value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                  042689 10 9
                                 --------------
                                 (CUSIP Number)

                                  June 30, 2004
              -----------------------------------------------------
              Date of Event Which Requires Filing of this Statement


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

        |_|  Rule 13d-1(b)
        |X|  Rule 13d-1(c)
        |_|  Rule 13d-1(d)


*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 ("Act") 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).

                                  Page 1 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Woodland Partners - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 200,000 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 0 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 200,000 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 2 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barry Rubenstein - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 121,000 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 380,000 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 121,000 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 380,000 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 501,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 3 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Marilyn Rubenstein - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 380,000 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 0 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 380,000 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 380,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 4 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Woodland Venture Fund - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 120,000 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 0 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 120,000 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 120,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 5 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Seneca Ventures - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 60,000 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 0 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 60,000 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 60,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.7% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 6 of 14

CUSIP No. 042689 10 9 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Woodland Services Corp. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares Number of ---------------------------------------------- Shares Beneficially 6 SHARED VOTING POWER Owned By 180,000 shares Each ---------------------------------------------- Reporting Person 7 SOLE DISPOSITIVE POWER With 0 shares ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 180,000 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 180,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.2% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - -------------------------------------------------------------------------------- Page 7 of 14

ITEM 1. (a) Name of Issuer: Arpeggio Acquisition Corporation (b) Address of Issuer's Principal Executive Offices: 10 East 53rd Street 36th Floor New York, New York 10022 ITEM 2. 1. (a) Name of Person Filing: Woodland Partners (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Place of Organization: New York (d) Title of Class of Securities: Common Stock, $0.0001 par value per share (e) CUSIP Number: 042689 10 9 2. (a) Name of Person Filing: Barry Rubenstein (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock, $0.001 par value per share (e) CUSIP Number: 042689 10 9 3. (a) Name of Person Filing: Marilyn Rubenstein (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock, $0.001 par value per share (e) CUSIP Number: 042689 10 9 4. (a) Name of Person Filing: Woodland Venture Fund (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Place of Organization: New York (d) Title of Class of Securities: Common Stock, $0.0001 par value per share (e) CUSIP Number: 042689 10 9 Page 8 of 14

5. (a) Name of Person Filing: Seneca Ventures (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Place of Organization: New York (d) Title of Class of Securities: Common Stock, $0.0001 par value per share (e) CUSIP Number: 042689 10 9 6. (a) Name of Person Filing: Woodland Services Corp. (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Place of Organization: New York (d) Title of Class of Securities: Common Stock, $0.0001 par value per share (e) CUSIP Number: 042689 10 9 ITEM 3. If this statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C.78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company as registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G). (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). Page 9 of 14

ITEM 4. OWNERSHIP. The reporting persons purchased units (the "Units"). Each Unit consists of one share of common stock, 0.0001 par value per share (the "Common Stock"), and two redeemable common stock purchase warrants (the "Warrants"). Each Warrant entitles the holder to purchase one share of Common Stock at a price of $5.00. Each Warrant becomes exercisable on the later to occur of the Issuer's completion of a business combination, or June 24, 2005, and expires on June 23, 2008, or earlier upon redemption. 1. Woodland Partners: (a) Amount Beneficially Owned: 200,000(1,2) shares. (b) Percent of Class: 2.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 200,000(1,2) shares. (ii) shared power to vote or to direct the vote: 0 shares. (iii) sole power to dispose or to direct the disposition of: 200,000(1,2) shares. (iv) shared power to dispose or to direct the disposition of: 0 shares. 2. Barry Rubenstein: (a) Amount Beneficially Owned: 501,000(1,2,3,4,5,6,7,8,9)shares. Barry Rubenstein is a general partner of Seneca Ventures, Woodland Venture Fund and Woodland Partners and an officer and director of Woodland Services Corp. Mr. Rubenstein is the husband of Marilyn Rubenstein. (b) Percent of Class: 6.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 121,000(3,4) shares. (ii) shared power to vote or to direct the vote: 380,000(1,2,5,6,7,8,9)shares. (iii) sole power to dispose or to direct the disposition of: 121,000(3,4) shares. (iv) shared power to dispose or to direct the disposition of: 380,000(1,2,5,6,7,8,9) shares. 3. Marilyn Rubenstein: (a) Amount Beneficially Owned: 380,000(1,2,5,6,7,8,9) Marilyn Rubenstein is a general partner of Woodland Partners and an officer of Woodland Services Corp. Marilyn Rubenstein is the wife of Barry Rubenstein. (b) Percent of Class: 4.6% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 shares. (ii) shared power to vote or to direct the vote: 380,000(1,2,5,6,7,8,9)shares. (iii) sole power to dispose or to direct the disposition of: 0 shares. (iv) shared power to dispose or to direct the disposition of: 380,000(1,2,5,6,7,8,9) shares. - ------------------------------ (1) Includes 200,000 shares of Common Stock owned by Woodland Partners. (2) Does not include 400,000 shares of Common Stock issuable upon the exercise of the Warrants held by Woodland Partners. (3) Includes 121,000 shares of Common Stock owned by the Barry Rubenstein Rollover IRA account. (4) Does not include 242,000 shares of Common Stock issuable upon the exercise of the Warrants held by the Barry Rubenstein Rollover IRA account. Page 10 of 14

4. Woodland Venture Fund: (a) Amount Beneficially Owned: 120,000(5,6) shares. (b) Percent of Class: 1.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 120,000(5,6) shares. (ii) shared power to vote or to direct the vote: 0 shares. (iii) sole power to dispose or to direct the disposition of: 120,000(5,6) shares. (iv) shared power to dispose or to direct the disposition of: 0 shares. 5 Seneca Ventures: (a) Amount Beneficially Owned: 60,000(7,8) shares. (b) Percent of Class: 0.7% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 60,000(7,8) shares. (ii) shared power to vote or to direct the vote: 0 shares. (iii) sole power to dispose or to direct the disposition of: 60,000(7,8) shares. (iv) shared power to dispose or to direct the disposition of: 0 shares. 6. Woodland Services Corp.: (a) Amount Beneficially Owned: 180,000(5,6,7,8,9) shares. Woodland Services Corp. is a general partner of Seneca Ventures and Woodland Venture Fund. (b) Percent of Class: 2.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 shares. (ii) shared power to vote or to direct the vote: 180,000(5,6,7,8,9) shares. (iii) sole power to dispose or to direct the disposition of: 0 shares. (iv) shared power to dispose or to direct the disposition of: 180,000(5,6,7,8,9) shares. A Joint Filing Agreement is attached hereto as Exhibit A. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] INSTRUCTION: Dissolution of a group requires a response to this item. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable. - ------------------------------ (5) Includes 120,000 shares of Common Stock owned by Woodland Venture Fund. (6) Does not include 240,000 shares of Common Stock issuable upon the exercise of the Warrants held by Woodland Venture Fund. (7) Includes 60,000 shares of Common Stock owned by Seneca Ventures. (8) Does not include 120,000 shares of Common Stock issuable upon the exercise of the Warrants held by Seneca Ventures. (9) The reporting person disclaims beneficial ownership of these securities except to the extent of his/her/its equity interest therein. Page 11 of 14

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON. Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. ITEM 10. CERTIFICATION. (b) The following certification shall be included if the statement is filed pursuant to ss.240.13d-1(c): By signing below each party certifies that, to the best of his/her/its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 12 of 14

SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: July 7, 2004 WOODLAND VENTURE FUND By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner SENECA VENTURES By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner WOODLAND PARTNERS By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner WOODLAND SERVICES CORP. By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, President /s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein /s/ Marilyn Rubenstein ------------------------------------------------- Marilyn Rubenstein ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001) Page 13 of 14

13G EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13G with respect to the shares of Common Stock, $0.0001 par value per share, of Arpeggio Acquisition Corporation and any further amendments thereto executed by each and any of us shall be filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. Dated: July 7, 2004 WOODLAND VENTURE FUND By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner SENECA VENTURES By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner WOODLAND PARTNERS By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, a General Partner WOODLAND SERVICES CORP. By:/s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein, President /s/ Barry Rubenstein ------------------------------------------------- Barry Rubenstein /s/ Marilyn Rubenstein ------------------------------------------------- Marilyn Rubenstein Page 14 of 14