May 3, 2007

The team of real estate professionals at ABS Partners Real Estate, LLC would like to announce their appointment as the exclusive advisors for the disposition of 98-36 Queens Boulevard. The property is located on the South side of Queens Boulevard between 65th Road and 66th Avenue in Rego Park. The lot has 140 feet of frontage on Queens Boulevard and is 100 feet deep. Under the current zoning of R7-1 with a C1-2 overlay, approximately 56,000 SF can be built, with a bonus of up to 67,200 SF allowed for a community facility. The owners prefer to either offer a developer or user a 99-year ground lease or build-to-suit for a credit retail tenant. ABS invites the entire NYC and Queens brokerage community – representing retail tenants, developers and users – to participate in this assignment.

For further information, please contact Steven Hornstock, Randy Modell or Earle Altman of ABS Partners at 212-400-6060.