RFR Realty Kicks Off 2006 With New Leases Signed Throughout Its Office Portfolio

March 2006

NEW YORK - Richard Farley, Senior Vice President of RFR Realty, is pleased to announce that the firm launched 2006 with new leases totaling more than 60, 000 square feet signed throughout the RFR commercial portfolio of premier Class A Manhattan office properties. The leases, along with the RFR Realty leasing contact for each building and brokers for the tenant are noted below:

17 State Street (David Panzirer, RFR Realty)
• Aphadyne Asset Management, 7, 579 square feet. Erik Harris of Newmark & Company Real Estate.

521 Fifth Avenue (David Panzirer, RFR Realty)
• GemDiam Inc., 3,394 square feet. William McCollum, Prime Manhattan Realty.
• Shaw Industries, 5,200-square-foot lease renewal. Michael Joseph, GVA Williams.

400 Park Avenue (David Panzirer, RFR Realty)
• Sonenshine Partners and advisors, LLC, 8,780 square feet. Noel Flagg, Newmark & Company Real Estate.

275 Madison Avenue (Oliver Katcher, RFR Realty)
• Cronus Capital, L.P., 3,500 square feet (entire 39th Floor). Gary Rosen , S.L. Green.
• Merchant's Capital Corporation, 1, 962 square feet. Fred Trump III and Steven Rotter, Newmark & Company Real Estate.
• Insurance Specialty Group LLC, 6,629 square feet. Evan Margolin and Farran Tozer Brown of Studley.

518 Fifth Avenue (Oliver Katcher, RFR Realty)
• The Brandman Agency, 3, 450 square feet (entire eighth floor). Robert Gallucci, Cushman & Wakefield.

608 Fifth Avenue (Jon Mayeske, RFR Realty)
• Johnson Matthey, Inc., 1,800 square feet. Harry Blair and Whitney Arcaro of GVA Williams.
• Endless Trading, Inc., 2, 750 square feet. RFR Realty LLC.
• J. Mavec & Company, Inc., 500 square feet. RFR Realty LLC.

18 East 41st Street (Jon Mayeske, RFR Realty)
• Walter F. Bruan LLC, 2, 925 square feet. Eric Zemeckson of Newmark & Company Real Estate.
• Domestic Job Picks, Inc., 1, 450 square feet. Josh Goldman of George Comfort & Sons, Inc.
• Jagg Management Corp., 1,000 square feet. RFR Realty LLC.

2 Herald Square (aka 1328 Broadway) (Jon Mayeske, RFR Realty)
• Electric Eel, Inc., 1, 037 square feet. Matthew Dweck of Hidrock Realty, Inc.
• Twin Dragon Marketing, Inc., 1, 318 square feet. RFR Realty LLC.

375 Park Avenue (Steve Morrows, RFR Realty)
• Ulysses One LLC, 2,200 square feet. Christel Engel of GVA Williams.
• Aurora Software, Inc., 6,500 square feet. RFR Realty.
• HS Special Fund, 3,000 square feet. Robert D. Goodman of Grubb & Ellis New York, Inc.

"We're delighted to welcome so many new tenants to our buildings and we appreciate the loyalty of those tenants who elect to renew their leases again and again," said Richard Farley, senior vice president of RFR Realty. "We thank all of our tenants for a most prosperous start to 2006 and look forward to serving their needs throughout the year and beyond."

RFR Realty LLC is a full-service leasing and management company.
RFR is one of Manhattan's fastest growing commercial real estate owners with a portfolio comprising approximately six million square feet in of prime office and retail space in Manhattan, including the premier properties 375 Park Avenue, 390 Park Avenue (Lever House) and the Sotheby's Building at 1334 York Avenue.