Rising stars in the industry.

He graduated from the University of Michigan and previously enjoyed a successful career in theculinary arts.

MARIA GONZALEZ NORTRONICS CORPORATION

Maria Gonzalez is vice president and President-in-Waiting of Nortronics Corp., a security integratorserving over 2,000 residential, commercial and institutional buildings in the New York metro area.He exclusively acted on behalf of both seller, ATJ Properties, and buyer (a New York City-basedfamily-owned real estate investor) in the $18 million sale of the retail/residential buildings totaling14,000 square feet plus an additional 18,000 square feet of air rights. Libner also continues topromote the use of both eemerge centers, and the SLG portfolio as a whole, as locations for TV andfilm and photo shoots when appropriate. Minskoff Equities at 270 Greenwich Street, Schustersecured a 55,000 s/f lease with Whole Foods Market for its Downtown flagship store. EPS' clientsinclude the Bank of America, Barclays Capital, Merck & Co., Morgan Stanley, Pfizer Inc., VerizonWireless and Wal-Mart.

"At EPS we have one mission: to do everything in our power to ensure that our clients' facilities arehelping their businesses succeed," says Gillespie. Adhering to the family vision "to build on thefoundation, increase its stability, and allow for an expansion in new directions that create a wholethat's greater than a sum of its parts," while shining independently as well, Dolgin is tree of NewYork's Rising Stars in the Real Estate Industry.

SCOTT DONNELLY IBS

Scott Donnelly joined Integrated Business Systems (IBS) in 1989 and was promoted to his currentposition as director of sales and marketing in 1995. He is a member of the Real Estate LendersAssociation (RELA), the Real Estate Board of New York (REBNY), Multifamily Executive Council,International Council of Shopping Centers (ICSC), National Association of Industrial and OfficeProperties (NAIOP), Urban Land Institute (ULI) and Commercial Mortgage Securities Association(CMSA).

In addition to his professional affiliations, he is committed to giving back to the communities inwhich he lives and in those he works and has been cited by his peers and local dignitaries for hisskills and knowledge, and most importantly, his willingness to volunteer for numerous causes.

ROBERT TANZMANN CUSHMAN & WAKEFIELD

Robert Tanzmann is a director at Cushman & Wakefield with more than 15 years of internationalreal estate experience. Farran worked closely with the Studley teams in NYC, across the US and inLondon to ensure that Ruesch's leases were negotiated to meet Ruesch's business goals in eachmarket. He holds memberships in the Irrigation Association of New Jersey, the Symbiot BusinessGroup, the New Jersey Landscapers' Association, and the Snow and Ice Management Association.

ROBERT D. ZUCKERBROT SHOLOM & ZUCKERBROT REALTY

Franklin Zuckerbrot has been responsible for the sale and lease of commercial properties in excessof four million square feet since joining Sholom & Zuckerbrot Realty LLC in 1993.

Recent clients include The Feil Organization, Cord-Meyer Development, Public Storage Inc., TheCity of New York, New York State, NYC School Construction Authority, CVS/pharmacy, CommerceBank, Blockbuster Videos, Home Depot, JW Mays and Jennifer Convertibles.

As a founding partner of Octagon Properties in 1996, over the past 10 years he has been involvedwith the acquisition and development of over one million square feet of commercial propertieslocated throughout the Metropolitan NYC region. Martinek was with Shorenstein Realty Services,where he served as an associate property manager responsible for property operations at TheMetLife Building at 200 Park Avenue.

He holds a bachelor's degree in political science from the University of Pittsburgh, and hascompleted several in-depth real estate course at the Building Owners and Managers Institute.

ANDREW MATHIAS SL GREEN REALTY CORP.

Mathias is the Chief Investment Officer of SL Green Realty Corp, responsible for the firm's equityand structured finance investments. Highlights include co-writing a song on the Madonna BedtimeStories CD "Secret Garden," writing the theme song to Eddie Murphy's "Coming to America," andproducing the Beverly Hills Cop soundtrack "Rock and Roll Me Again" for Stevie Nicks

Now as principal broker for The Midgol Organization, Murphy's main focus is the acquisition anddevelopment of residential townhouses and sales.

The company is dedicated to community renewal and the redevelopment of housing for the middleincome buyer.

Mic Murphy is not your typical broker and he has not come to the profession via the traditionalroute. Currently she is exclusive broker for a Madison Avenue office building and is closing a sale ofan eight million dollar building in Brooklyn.

Along with all her activity in real estate, Marissa is an avid backpack traveler.

JAMES C. For instance, Owles was so successful at negotiating lease transactions for Marc Jacobsand James Perse in New York that that they later asked for his help leasing stores on trendy MelroseAvenue in Los Angeles.

JENNIFER PADNICK COHEN & PERFETTO LLP

Jennifer Padnick is a partner and young dynamo who has been an integral part of Cohen & PerfettoLLP's transactional team that specializes in all aspects of real estate law--development, financing,leasing, sales and acquisitions, government incentives and zoning.

Spearheading a trend in emerging boutique law firms, Padnick, along with her colleagues andmentors, Marshall Cohen and Louis Perfetto, cater to clients that include developers, banks,institutional and individual owners, landlords and tenants, and lenders and borrowers. She has beenhonored by numerous organizations including Professional Women in Construction (PWC) and theIrish American Building Society.

DAN GOHARI THE MOINIAN GROUP

Daniel Gohari, 27, joined The Moinian Group in 1998 and was recently named vice president and

director of commercial assets. after a brief stint at The Tuckerman Group, and is Avalon'sdevelopment director. for several years, and is a founding member of Women's HospitalityInvestment Network.

In her new roleat Loews, Bali will continue to play an important role in the 18-property hotel chain'sambitious expansion, the largest in its 60-year history.

Bali joined Loews Hotels in 2003 as director of hotel development. Ohls is one of the top brokers inthe Fairfield and Westchester County commercial real estate markets.

Ohls focuses on tenant representation, but has a diversified history of transactions over his eightyear career including buying and selling buildings and land, landlord representation, retailrepresentation, real estate development and conversion, and repositioning of properties. Fund forUNICEF, Black Enterprise Greenwich Street Capital, Radio One and Spanish Broadcasting Systems,among others.

Menifee holds a bachelor's from Michigan State University and a master's in real estate from NewYork University.

CHRIS MONGELUZO NEWMARK KNIGHT FRANK

Chris Mongeluzo joined Newmark Knight Frank in 1993, upon graduating from the University ofMiami Law School. The company's intuitive programs and award-winning customer service havebecome the favorite of top management companies across the country; in New York, its clientsinclude Rose Associates, Prudential Douglas Elliman, Citi Habitats Marketing Group, The MoinianGroup and the Brodsky Organization.

Although On-Site.com has grown rapidly, the goal of providing reliable innovation that Harringtonestablished remains the same. He subsequently relocated to Long Island, which has fostered hisgreater professional and community involvement.

Along with memberships in the AICPA and CoreNet Global, O'Sullivan is one of the foundingmembers of the Long Island Real Estate Group (LIREG), which provides a setting where real estateprofessionals can network and give back to the community. Mr. Padnick--who also juggles a careeras a new mom--has a well-rounded background in all aspects of commercial real estate transactions.

A graduate of Brooklyn Law School, Padnick began her legal career working in state governmentand made the transition to private practice, first at J.P. In addition, Westminster Capital funded over$675 million in real estate transactions in 2005, and Kushner Properties carried out all leasing andmanagement functions for Kushner Companies' 40 commercial properties, including broker andbanker negotiations, tenant and contractor relations, and regulatory compliance.

He holds a bachelor of arts degree in finance from Muhlenberg College in Allentown, Pa., and hasmaster's degree business administration credits from New York University. Scripps School ofJournalism at Ohio University with a degree in journalism and minors in international business &communications and french.

DANIEL M. "The relationship that I have with each and every one of my clients allows them toentrust us with their goals knowing that we bring the skills and talents to perform above and beyondthe norm."

Gillespie holds a B.S. Recent accolades have included his rating as the second highest grossing non-partner in Newmark Knight Frank in 2005, and his inclusion in Real Estate New York's "40 under40" and CoStar Group's "Top 25 Brokers" in 2003. 1, 2003, following in the footsteps of his father,James Buslik, a principal at the firm. Donnelly is a long-distance cyclist who has competed in theannual Century Ride event in Manhattan. Each entered the industry as property managers andlicensed agents. Because HRC specializes in the $2 million to $20 million investment arena, thesefigures point the tremendous deal flow under Garfield's leadership.

With more than 15 years of real estate finance experience, Garfield owned his own real estate firm,which financed, bought and developed property in New York City. Alderman Foundation, which wasestablished for a high school friend who died on September 11, 2001. All rights reserved. INC.

Jennifer Stewart is a managing director at Bear, Stearns & Co. Prior to this transaction, the grouprepresented the university on a build-to-suit dormitory for 205 students and a lease for space foradditional classrooms.

Newman and his team have developed a specialty practice serving the city's universities and not-fo--profits; among them are SUNY State College of Optometry, American Red Cross, ACLU and theNational Audubon Society. His scholastic focus on the real estate development industry wasexemplified by his thesis titled "The 1990s REIT Boom: An Empirical Analysis of the MarketCapitalization of Real Estate Investment Trusts" which earned him Honors recognition.

As president and COO of Russo Development, Russo proudly assumes the leadership of this wellrespected company Ed's father founded in 1969. Realizing this, Studley advised Thompson Hine tosell its Grace Building lease and move to another Class A Midtown property that required onlymodest renovations and provided similar expansion options.

Taubin has been involved in over 2.5 million-square feet of transactions for a wide variety of clients,ranging from law firms to technology companies.

SIMON WASSERBERGER CB RICHARD ELLIS

Wasserberger was a key member of the CBRE team that won the prestigious 7 World Trade Centerassignment and recently closed several large lease transactions at the newly-developed trophy officeproperty. He opened a one-room mortgage brokerage enterprise in Long Island. Her first step was toexpand Nortronics' service lines from just the residential sector to incorporate commercial clients,which now account for more than one-third of the company's total business.

She also led the launch of Nortronics' NetImage XSO, one of the most sophisticated integratedInternet Protocol security systems on the market. Prior to USI, Mr. At the age of 28, with only oneyear of experience in the brokerage business, Schuckman signed an exclusive tenant representationagreement with Cold Stone Creamery, for its penetration into the Metro New York market.

The company was an unknown, small ice cream chain located in the southwest at the time. Sinceacquiring the property just eighteen months ago, he has leased over 150,000 s/f to such prominentorganizations as Verizon Information Services, Professional Staffing Congress and Samuel A. He isalso responsible for the asset and property management of the firm's portfolio, supervising all dailyoperations.

Alexander earned a B.S.M. In this position, he also oversees the day-to-day operations of the firm'sholdings.

Blanco brings invaluable experience from his previous positions including managing director atJEMB Realty, where he supervised the firm's leasing program and capital projects. This profoundunderstanding of the New York real estate marketplace enables him to provide clients with solutionsto their often complex occupancy needs, solutions that align with their respective business plans.

Taubin and colleagues, David Goldstein and Matthew Barlow, saved their client, Cleveland-basedlaw firm Thompson Hine LLP, millions of dollars by selling its lease at the Grace Building (42nd andAvenue of the Americas) so that landlord Trizec could effectively re-lease the space to an existing,expanding tenant, and negotiating for Thompson Hine to move instead to 40,000 s/f at 335 MadisonAvenue.

Taubin and his colleagues represented Thompson Hine in its original lease at the Grace Building, butduring the nine months that elapsed from the signing of the lease in May 2005 to proposed move-indate, construction costs rose steeply, and so did the market value of the space. He joined Jones LangLaSalle in 2001. He directs sales, marketing and corporate development nationwide for Kastle, andis successfully expanding the company's market share across the United States and Australia.

MICHAEL RODRIGUEZ ALLIANCE BUILDING SERVICES

Michael Rodrignez has lived the American dream, starting his career as a porter and rising throughcompany ranks to become the president of Alliance Building Services.

After joining Alliance in 1995 as a cleaning manager, Michael's enthusiastic attitude caught theattention of CEO Gary Green, who promoted Michael to director of operations, then executive vicepresident and finally president of Alliance Building Services in 2001.

Rodriguez, 36, a Brooklyn native, began his career in the early 1990s as a cleaner at the WorldTrade Center. Regan's financial expertise and banking relationships were instrumental in makingthe project a success.

Prior to joining Waiters, Regan worked as asset manager at Vesterra Corporation, a shopping centerdevelopment and management firm in Blue Bell, Pa. Over the past few years, he has developed aspecialization in overseeing entertainment-related projects involving performance spaces.

Kusinitz is currently managing two projects for hedge funds: a 40,000 s/f high-end interior officerenovation and expansion for one firm, and a 20,000 s/f interior office build-out and relocation foranother. As business manager of the International Brotherhood of Electrical Workers (IBEW) Local164, Dressel is a key player in major New Jersey construction projects and serves as a member ofthe Meadowlands Stakeholder Committee, overseeing redevelopment of the Continental Arena site.At 28, she is one of the youngest high-ranking executives in the security industry.

Almost immediately upon taking her post as vice president of Nortronics, Gonzalez began looking fornew opportunities for growth. Under Farrell's direction, Oldfield represented clients in all fieldsincluding architecture, entertainment, restaurants, attorneys, contractors and LIMA, the LicensingIndustry Merchandisers Association.

Before launching Oldfield Realty Group in 1996, Farrell worked at Bohn Fiore, a real estatedevelopment company where he spearheaded the conversion of the Bank Building at Eighth Avenueand 14th Street, the first time a free-standing landmark had ever been converted for residentialpurposes.

Farrell's new position marks his return to Helmsley-Spear. There, Farrell was personally involved inevery aspect of his business, personally directing every deal at the company. Newman'sunderstanding of the issues that not-for-profit's board of directors must consider when evaluatingtheir portfolios and real estate decisions has made him an invaluable resource to organizationsthroughout New York.

In addition, Newman has represented multinational companies from a wide range of industries suchas DHL, Cravath Swaine and Moore and the American Red Cross.

He handles all aspects of a transaction, including developing the real estate strategy, leasenegotiation, sales transaction and project management.

Prior to joining Studley, Newman worked as a lobbyist in Washington, DC. BLANCO BROAD STREETDEVELOPMENT

One of Blanco's most notable, recent achievements is the successful leasing campaign of 61Broadway, the company's headquarter location. The building will house the largest trading floor inthe U.S. Joseph's University.

STEVEN RINDNER KASTLE SYSTEMS

Steven Rindner, executive vice president of Kastle Systems, has burst upon the New York scene witha winning proposition for building owners and managers: Kastle Systems operates and managesstate-of-the-art electronic security systems so they don't have to.

Kastle clients report lower costs, greater system control, higher tenant retention and reduced legalliability. Owens, 27, vice president of Sonnenblick-Goldman, LLC and a member of the firm'sInternational Lodging and Leisure Group, had an exceptional 2005. Menifee joined Cushman &Wakefield in 1997 and serves as a director based in Midtown Manhattan. He is based in the firm'sManhattan office.

ANDREW AND ALEXANDER SILVERMAN, THE ANDALEX GROUP

Andrew and Alexander Silverman are the dynamic young brothers at the helm of The Andalex Group,the prominent New York-based real estate services firm founded by Allen Silverman in 1989 (thecompany's name is a combination of the sons' first names).

The duo is leading the company's aggressive expansion, taking it in bold new directions andexploring emerging markets. Cuba is also working with a team at Avalon to expand the portfolio intoBrooklyn.

Prior to joining Avalon, Cuba was a senior associate at The Tuckerman Group, an real estate privateequity fund. He currently resides on Long Island.

IAN SCOTT LEVINE SPANDREL PROPERTY SERVICES, INC.

Ian Levine, 29, joined Manhattan-based real estate development firm RAL in 1999 and has ascendedto the role of chief operating officer and chief financial officer.

His responsibilities include managing the day-to-day operations of all the RAL divisions, and suchtasks as preparing budgets, monitoring project costs with respect to budget projections and

allowances and overseeing all aspects of company owned properties and developments. As a seniorassociate based at CBRE's midtown Manhattan headquarters, Needleman is a tenant representationspecialist, providing his real estate advisory and brokerage services to both public and private sectorclients.

Among his most notable successes at CBRE is a three-year global assignment with Scientific Games.Prior to joining Arbor Commercial Mortgage at its inception in 1995, Caulfield was vice president ofsecondary marketing with Arbor National Holdings, Inc. OWENS SONNENBLICK-GOLDMAN, LLC

Mark K. and SITQ Immobilier; and the recapitalization of 485 Lexington Avenue for SL Green RealtyCorp., City Investment Funds and the Witkoff Group.

Hernandez also has extensive national experience, namely for the recapitalization of The St. fromBrooklyn Law School and a B.A. in Business Administration from Villanova University.

ANGELA ORTIZ BESEN & ASSOCIATES

Angela Ortiz earned her M.S. BUSLIK ADAMS & CO. Specializing in new investment acquisitions,Dolgin scours the country for new investments while remaining involved in all aspects of the full-service real estate In-m, from overseeing asset management and tenant negotiations to financingand staff development. After obtaining his B.A. Concurrently, he also earned a minor in constructionmanagement from the State University of New York College of Environmental Science and Forestry.

CARMEN J. The firm is currently engaged in such high-profile property conversion projects as theredevelopment of the former Jehovah's Witness distribution facility at 360 Furman Street inBrooklyn Heights into a 450-unit waterfront residential condominium to be known as One BrooklynBridge Park; the conversion of the former industrial loft at 420 West 25th Street into Loft 25, a 74-unit luxury condominium; the proposed conversion of 1474 Third Avenue, currently a rentalproperty, into a luxury condominium; and the conversion of RAL-built Brookchester Court into a 39-unit condominium in Port Chester, New York. For example, he has represented Asbury PartnersLLC, the designated master developer of a 56-acre waterfront redevelopment project in Asbury Park,N.J., in the acquisition of a number of properties within the redevelopment zone. He also serves on awide range of building trades/construction, governmental and philanthropic advisory boards.

JOHN FARRELL HELMSLEY-SPEAR, INC.

Chosen for his New York City real estate acumen and customer relations savvy, John Farrell wasappointed Director of Brokerage for Helmsley-Spear, Inc. Throughout the majority of his career, hehas focused on providing corporate real estate services to corporations throughout the United Statesin a variety of industries.

Prior to CRESA Partners, McArthur headed the leasing and marketing efforts of MetroNexus, aMorgan Stanley Real Estate Funds Enterprise based in New York City that develops and managesmission critical data center facilities in North America. Whether it's electronically filing and backingup all tenant leases offsite, or giving tenants access to a secure site to register and monitorcomplaints, information is never more than a click away.

Over the last 18 months, Hidrock has successfully launched a 10-person leasing brokerage divisionfocused on tenant representation for office users in Manhattan and landlord representation for retailspaces in Brooklyn.

In addition, Hidrock recently commenced ground-up development projects in the Kensington andMidwood sections of Brooklyn. As vice president of Kalmon Dolgin Affiliates, Dolgin manages thepurchase and development of income-producing real estate, including site selection and negotiationswith sellers and lenders. Her work, in over a dozen communities throughout the United States,helped them achieve above average occupancy within six to eight weeks. He is known as the firm's"Fifth Avenue office-leasing specialist," possessing a thorough understanding of trends and activityin one of Manhattan's premier real estate markets.

Corbi's expertise and knack for thinking outside the box have earned him a solid reputation as one ofNAI DG Hart's brightest stars. He is an active member of the Real Estate Board of New York and theInternational Council of Shopping Centers.

PHILLIP A. Collectively she spent over two years in both Chicago and New York, where her focuswas on direct response marketing for large consumer packaged goods clients. Among heraccomplishments are leasing and sales transactions totaling more than $2 billion, including the saleof the Seagram Building in Manhattan for $370 million, and representing the FDIC's national fieldoffices at 92 locations and TIAA-CREF on leasing and managing assignments nationwide. CORBI NAIDG HART

Robert Corbi succeeded in arranging a substantial expansion for GSN The Network for Games at680 Fifth Avenue by convincing another tenant, Horn Group, a communications specialist forinformation technology firms, to vacate the adjacent 4,000 s/f office and relocate downtown to 55Broad Street.

He was able to help GSN remain in the location of its choice by finding the optimal office for HornGroup in a niche market building that housed its client base. He has been recognized by his clientsfor his creativity in complex transactions, receiving W&H Properties' "2004 Most Innovative Deal ofthe Year" for his relocation of i-Deal's national headquarters, and Mack-Cali's "2002 Creative Deal ofthe Year" for his consolidation of Resource Connection's M-state offices.

His clients include the giants of financial services, among them Citibank, Lehman Brothers, MizuhoCorporate Bank, JP Morgan Chase, Morgan Stanley, State Street Bank, Soros Fund Management,Churchill Financial, Moore Capital Management, Providence Equity and PricewaterhouseCoopers.

In addition, Madison's roster of clients includes Elan Pharmaceuticals, Verizon Communications,National Envelope Corporation, NBC Universal and Leggett and Platt Industries. degree from theBenjamin Cardozo School of Law and also studied at Yale Law School. Dedicated to providing itsmore than 3,900 members with integral services that elevate electrical and telecommunicationsexpertise, Local 164 is committed to making life better for all New Jersey residents. He earned aB.S. She started her hospitality industry career with Hyatt Hotels in Chicago. Some of McArthur'sclients included: Global Crossing, Nestle North America, Mobil Oil Corporation and Southern NewEngland Telephone Company.

Prior to his tenure at Trammell Crow, McArthur was an investment associate with Aetna, where heoversaw over 1 million square feet of their leased office portfolio including transactions, projectmanagement and lease administration.

McArthur began his career in Fairfield County, CT with Grubb & Ellis and then Carson CraneIncorporated where he specialized in tenant representation for clients throughout SouthernConnecticut.

Judd resides in Fairfield, CT and is active in a variety of community and charitable organizationsthroughout Fairfield County.

SHAWNA O. Ohls joined Newmark Knight Frank in 1998. Gordon's clients include iStar Financial,Reservoir Capital, Ripplewood Holdings, Russell Investment Group, Time Life, and Welsh CarsonAnderson & Stowe. of Newark.

He has demonstrated a tremendous gift for his craft which earmarks him as a stand-out to bewatched in the future.

DAVID KLEINER JONES LANG LASALLE

David Kleiner is a vice president with Jones Lang LaSalle's New York region, specializing in agencyleasing and tenant representation in the Midtown office market. degree from Cornell University'sSchool of Hotel Administration with a concentration in real estate finance.

SPENCER GARFIELD HUDSON REALTY CAPITAL

In the three short years since Spencer Garfield joined Hudson Realty Capital LLC (HRC) as itsmanaging director, the company has grown from a start-up entity to a major player in real estateopportunity fund management. A graduate of the University of Wisconsin, 1998, he spent a year inIsrael before starting his career with Forest City Ratner. As a result, the company has closed morethan $900 million in debt and equity transactions nationwide since its inception. She has said shewill do whatever it takes to see a job through to completion. Bauer is a graduate of the WhartonSchool at the University of Pennsylvania. Gordon completed consulting, acquisition and dispositionassignments with Julien J. He is a licensed CPA and attorney with a BA in accounting and economicsfrom Queens College (1991) and a JD in Law from NYU Law School (1997).

ALOIS RYAN RUBENBAUER III LIBERTY EQUITIES OF AMERICA

At 25, Alois Ryan Rubenbauer III, president of Liberty Equities of America (Hauppauge, New Yorkand West Palm Beach, Florida) is indeed a "rising star." An insatiable work ethic is AloisRubenbauer's universe.

Rubenbauer sensed that valuations of property were primed to skyrocket. Today TownhouseManagement is a diversified real estate company that acquires, develops and manages residential,commercial, retail and mixed-use properties throughout the New York metropolitan area--from a $30million upper East Side townhouse to outer-borough rent-stabilized apartment buildings. Ruesch isnow comfortably positioned for growth. And, the pursuit of excellence was necessary earlier whenshe competed in rhythm gymnastics and as a jazz dancer.

She started in commercial real estate sales four years ago and joined Eastern Consolidated two anda half years ago, and survived the first year by working literally seven days a week at two jobs.

Since her tenure with Eastern, Aliza has arranged 15 deals valued at over $140 million in the pasttwo and a half years representing numerous property types including development sites, officeproperties, retail properties, co-op packages, and apartment buildings. DEL DUCA WALTERSGROUP

Joseph A. The firm is fully certified as a Minority and Woman-Owned Business Enterprise (M/WBE)by the Women's Business Enterprise National Council (WBENC), Women Presidents' Educational

Organization (WPEO) and National Minority Business Council (NMBC).

As president, Pulice is responsible for directing and overseeing all organizational activities,including an alliance with Cushman & Wakefield as well as transaction management andimplementation; strategic consulting and project planning; property management; and leasing. Sheis a founding member of NYU-WREN (Women's Real Estate Network) and a WX (Women Executivesin Real Estate) scholarship recipient in 2004.

She holds a Bachelor of architecture degree from Catholic University in Washington, DC and studiedat the Architectural Association in London.

JONATHAN D. Upon graduation, Farran joined JPMorgan's and then Lazard Freres' Real EstateM&A Groups where she worked on all aspects, from initiation to execution, of over $4 billion intransactions for companies owning office, hotel and apartment properties. Ackerson hasdemonstrated a unique ability to initiate, arrange and close some of New York City's most impressivedeals. He graduated from State University of New York with a Bachelor of Science degree in finance.

MIKE CIOFFI BORST LANDSCAPE & DESIGN

Borst Landscape and Design retained Mike Cioffi to spearhead a new Commercial Real EstateDivision in 2004. Besen is a full service commercial real estate brokerage firm with more than 35brokers and approximately $500 million in sales.

Ortiz is the vice chairperson of the Young Mortgage Bankers Association, a member of the YoungMen's/ Women's Real Estate Association, and serves as an arbitrator for the New York StockExchange and the National Association of Securities Dealers.

SCOTT O'SULLIVAN MARGOLIN, WlNER & EVENS LLP

Scott O'Sullivan, CPA, who grew up in Lawrence, Massachusetts, joined the certified publicaccounting and business advisory firm of Margolin, Winer & Evens LLP in 1996.

He has since advanced through the ranks to his current position as senior tax manager serving inMWE's very active Real Estate Practice Group. expand and extend lease for Bayer in Tarrytown,N.Y., which saved $100,000 in costs.

He is one of the top "rising stars" in the U.S. At Hidrock Realty, a 25 year-old private real estate firmwith properties scattered throughout the east coast, Abie quickly grew into the role of chief analystfor financing, acquisitions and dispositions; while Eddie took control of property management for allproperties owned by the firm and its affiliates. Outside of his professional career, Farrell has servesas a member and former president of the Toy Knights of America, an 85-year old philanthropicorganization whose sole purpose is to assist children in need. In New York, he has become the "go-tolawyer" for self-storage development deals of which he has done more than anyone else.

Perfetto focuses on all aspects of real estate including development (residential and commercial),lending and borrowing, ground leasing, space leasing (office and retail), sales and acquisitions forinvestors and owners, government incentives and zoning. Ackerson has participated in dispositionstotaling more than $1 billion including the sale of Barneys New York retail stores in New York City,Chicago and Beverly Hills, 666 Fifth Avenue and 7 West 34th Street. Prior to Studley he waspresident and co-owner of a high-end automobile dealership.

Leff holds a Bachelor of Science degree in economics from Syracuse University as well as a master'sdegree in accounting from C.W. He is a member of the Real Estate Board of NY and currently livesin Brooklyn Heights, where he is the treasurer of his co-op board of directors.

He is a member of Gotham City Networking and he chairs the venue committee of the Peter C.Kleiner also completed a 15,000-square-foot lease for Salesforce.com at 140 East 45th Street.

He received a bachelor's degree from Trinity College. degree in Sociology from Gettysburg Collegeand a membership on the Real Estate Board of New York.

ALIZA AVITAL EASTERN CONSOLIDATED

Aliza represented the seller, Alfred Caiola of B&L Management, in the $17 million sale of the 60,000s/f development site at 604-612 Tenth Avenue at 44th Street. from Rutgers School of Law--Camdenand his B.A. 42nd St., a 500,000 s/f mixed-use development.

Before joining The Moinian Group in 2000, Rosenfeld was director, planning and design for the 42ndStreet Development Project, the New York State entity responsible for the redevelopment of 42ndStreet between Seventh and Eighth avenues. Since joining Sonnenblick-Goldman in 2002, Ganchevhas closed approximately $3 billion in transactions that span the entire spectrum of estate market,from real estate sales and financings to equity fund raisings.

"Svetlin has an outstanding analytical mind and is able to quickly grasp the financial structure ofhotel sale and finance transactions," said Mark Gordon, managing director and principal ofSonnenblick-Goldman and head of the International Lodging & Leisure Group.

Prior to joining Sonnenblick-Goldman, Ganchev was an investment banking analyst ateMedsecurities, Inc. Mathias worked on a wide variety of real estate principal investments andadvisory transactions, both on behalf of clients and for the firm's own account. Harrington was alsoinstrumental in bringing on several new projects in New York City: The Helena (West 5th Street),Avalon Chrystie Place (Lower East Side), Historic Front Street (South Street Seaport).

Under Harrington's leadership, OnSite.com has recently integrated its product with proven industryleaders to provide a wider range of services to multifamily clients. Electricians are active throughoutBergen, Hudson and Essex counties, and telecommunications workers are contracted throughout thestate.

Within the Local, Dressel has held numerousexecutive-level positions and secured key electricaland telecommunications contracts. Morgan's legaldepartment, before joining Cohen and Perfetto attheir prior firm.

LOUIS PERFETTO COHEN & PERFETTO LLP

Louis Perfetto, who recently co-founded a full servicelaw firm, Cohen & Perfetto, LLP, with partnersMarshall Cohen and Jennifer Padnick, is getting ravereviews from clients who value the personal attention

that his Madison Avenue boutique firm offers.

Helping spearhead a trend in the emergence of boutique firms willing to walk through walls for theirclients--an attribute some say has been lost with the growth of the mega firms--Perfetto is one ofNew York's leading lawyers for development deals and is credited with originating and managing thebanking practice of the firm.

Perfetto led the team that acquired and--for the first time on Staten Island--rezoned industrialwaterfront property for residential use. To kick off 2006, Hidrock assumed control of 37 East 28thStreet with a goal of duplicating their rehabilitation of the former loft building at 65 West 36thStreet. Cardozo School of Law in 1999.

JOSEPH A. Ivan Hakimian was born and raised in Long Island, New York.

His parents left Iran in the late 70's to pursue the American dream for their children. Other projectsinclude The Centria, a 152-unit luxury condominium at 48th Street and Rockefeller Center as well asa 21-story, 292-unit condominium on 23rd Street and 3rd Avenue in Gramercy Park.

JD Carlisle is also developing the entire block front between 29th and 30th streets on the west sideof 6th Ave. He works closely with superstar investment sales professional, Woody Heller, who runsStudley's Capital Transactions Group, on many of firm's major sales deals. HERNANDEZSONNENBLICK-GOLDMAN

Alexander E. at Rutgers University in New Jersey.

JOSHUA DOLGIN KALMON DOLGIN AFFILIATES AND KND MANAGEMENT

Joshua Dolgin has risen in the ranks of the New York real estate not because his 102-year old familyfirm has changed the face of Brooklyn, the Bronx, Queens and beyond, but because his outstandingclient relationships, eye for profitable investment opportunities and keen sensibility of themarketplace have catapulted him into the seasoned status usually reserved for investors beyond hisyears. in finance and management from Tulane University, with a minor in architecture. He wasresponsible for all aspects of Cold Stone's penetration strategy, including site selection, leasenegotiations, etc.

Among other deals, Schuckman originated and completed transactions with all the national drugstore chains, several banks and has put together several development deals throughout Long Islandalong with a number of transactions with national retail chains. Schuckman assisted the company inevery aspect of their expansion program and successfully completed over 125 leases. Chadbourne &Parke LLP, Davies Ward Phillips & Veinburg-Canada's largest law firm, Epstein Becker and GreenP.C., Grubman Indursky and Schindler P.C. "I lead employees to a high payout, instead of a dead-endsalary situation where they are merely marking time. from the University of Colorado.

Garfield is actively involved in professional, charitable, and education organizations including theMortgage Banker's Association, Memorial Sloan Kettering, United Jewish Appeal and the NYUGraduate Alumni Association.

ERIC GELBER CB RICHARD ELLIS RETAIL SERVICES

Gelber serves as a senior vice president with CBRE's New York TriState Region Retail Services.Owner and tenant clients outside the financial services industry include The Lefrak Organization,

Hartz Mountain Industries, The Applied Companies, Mack-Cali, The Kushner Companies,Metrovation, Marquis Who's Who, Ashland Partners, Meridian Healthcare, Unique Photo and EclipseMarketing Services.

In the past year, Brodsky sold buildings for both Adler Development and Sterling Properties, and shecontinues to add sales of commercial properties and land to her business. By working closely withthe Customer Service Center, Engineering and Construction departments, Mr. He also plays tennisand is an avid fan of sports and music.

RICHARD DRESSEL INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW)LOCAL 164

Richard Dressel is a "mover and shaker" influencing the nuts and bolts of real estate. Gesue hasbeen involved in the acquisition and development of over $1 billion in real estate over the past 9years.

Gesue is an active supporter of the arts and has established a regional artist's residency for KansasCity artists at New York's Art Omi and annually organizes Showtel, the largest annual "installation"art exhibition in the Southeast U.S.

KIMBERLEY GILLESPIE EPS

When Kimberley Gillespie founded Economic Project Solutions (EPS) in 1999, it was the culminationof a rapidly rising career that began before she entered college and the realization of a lifelongdream. She holds a J.D. These projects include Goldman Sachs in Jersey City; Secaucus TransferStation in Secaucus; and Newark Bears Arena in Newark. In 1996, Madison co-founded a groupadvising established and start-up financial service, fund management, private equity and distresseddebt firrns on their real estate requirements. Today, the firm offers landscape design/build andmaintenance services to a growing customer base including such notable companies as GVAWilliams and Atlantic Stewardship Bank, among others.

Cioffi joined Borst Landscape and Design in 2004 as its first commercial sales manager. The groupstudies the corporate real estate market worldwide, assesses the economic feasibility of all realestate options and negotiates and reviews commercial leases.

Overseeing 45 domestic and 15 international leases totaling 3.2 million square feet of office space,the group constantly reevaluates the use of space and works closely with property owners tofacilitate the company's interests at all premises.

In addition to her daily responsibilities, Jennifer was part of the Bear Steams development team forthe new headquarters at 383 Madison Avenue in New York City.

Stewart received her Master of Science in Real Estate 'degree with distinction from New YorkUniversity. Among the roster of high profile companies he represented are the Bank of Hawaii,Popkin Software, Bank of Portuguese Commercial, Starpoint Solutions, Builders Group, CTCCommunications, FACTIVA, and Blackwood Securities.

His significant leasing assignments on behalf of major landlords include 100,000 s/f at 270Broadway; 910,973 s/f at 20 Exchange Place; and 91,436 s/f at 217 Broadway.

Searl was instrumental in negotiating the first new lease at 29 Broadway in more than a quarter

century--a 12-year lease for Peter Long Publishing. A relentless worker, with a drive to establishhimself outside of his father's name, Buslik is rapidly building his own name in the field. Martinek isable to enhance operational efficiency at the building, while at the same time maintain the highestquality customer service that Equity Office embodies.

In addition to the operational side of the business, Mr. 54th Street, a $135 million constructionproject with 393 residential apartments funded with New York State Housing Revenue Bonds and90W, 90 Washington St., which included the residential conversion of a 27-story office building into398 residential apartments funded with New York City Liberty Bonds.

Rosenfeld's current projects include the $100 million redevelopment of 18-20 West St., formerly theDowntown Athletic Club, into 288 residential condominiums with a state of the art fitness center andthe $340 million development of Atelier at 635 W. Her enthusiasm, interpersonal skills and strategicplanning ability make her a natural rising star.

Cuba is responsible for underwriting transactions, negotiating contracts and guiding the designprocess. Eager and success driven, Rosen made sure his background was professionally roundedbefore joining the Solomon Organization full time in 2003.

As an associate director, Rosen works exclusively as a member of the executive management teamthat is responsible for the Solomon's holdings in Pennsylvania. Libner received a Bachelor of Sciencein Communications from the University of Michigan, Ann Arbor and a Masters in Real EstateDevelopment at NYU.

Recent achievements include the opening of 22,000 s/f of new eemerge space at 28 W. She alsoserved served as the treasurer of NYCREW Network, Inc. He is also on the Young ExecutiveCommittee of the Association for the Prevention of Cruelty to Animals.

WILL SILVERMAN STUDLEY

Will Silverman is responsible for investment sales activity in the New York City marketplace,focusing on product types ranging from office to residential and specialty retail. During the firstmonths of new ownership, she provided the executive team with an overview of its real estateportfolio and developed a strategic plan to match its real estate needs to its business objectives. Heis a member of the ICSC's "Next Generation" committee in New Jersey, which focuses on buildingprograms and networking events for up-and-coming professionals. On the other side of the worldcentral, Eastern Europe and Israel have been on her backpack route.

SUZANNE BILLET QUINN & CO.

At 24, Suzanne Billet arrived in New York from a posh government PR assignment in Washington,DC to join Quinn & Co.'s burgeoning real estate practice. Today, he serves as a leasingrepresentative for eight New Jersey properties and recently expanded his role with the company totrain in property management responsibilities at Galloping Hill Shopping Center in Union, N.J.

Goldsmith's rapidly evolving role reflects extraordinary aptitude for shopping center operations anda deep dedication to Levin Management and its customer base. in history from Ursinus College,Collegeville, Pa., he went on to earn his J.D. in Financial Management (Accounting) in 1985 from St.He currently represents over 250,000 s/f on Long Island for ownership.

ARIEL SCHUSTER ROBERT K. Gelber worked at Forest City Ratner for four years, during which

time he participated in the management and leasing of the 165,000 square foot Gallery atMetroTech Center in downtown Brooklyn, and was actively involved in the leasing of approximately1.5 million square feet of retail space under development in New York City. Of her key clients in2005, IntelliRisk Management Corp., a call-services outsoursing firm with 6,000 employeesworldwide, was her most prestigious. Schuckman, 31, is managing director of Schuckman RealtyInc., Woodbury, Long Island. MADISON NEWMARK KNIGHT FRANK

Daniel K. Martinek also oversaw the $7 million reconstruction of the WorldWide Plaza's 35,000-square-foot public plaza, which was completed in 2003 and was a key component in the successfulleasing of the theater space.

Prior to joining Equity Office in 2000, Mr. During his employment with FCRC, Schuckman receivedhis master's degree in real estate at New York University and, in 2002, he joined the family realestate brokerage and development company.

Since 2002, Schuckman has successfully completed a number of transactions throughout the tri-state area that would be an impressive feat for a broker in their 40s, with 20 years of experience.TAUBIN STUDLEY

Recently promoted to senior managing director, Taubin joined Studley in the fall of 1994 afterhaving graduated from Tulane University. In 2001, she was recognized as the firm's Most PromisingBrokerage Professional.

Specializing in landlord and tenant representation, Menifee has cultivated relationships with ownersand businesses throughout the U.S., with an emphasis on transactions in the New York MetropolitanArea. The Foundation is dedicated to relieving the suffering of people affected by torture, terrorismand mass violence and it provides local caregivers with the tools to treat mental anguish, usingWestern medical therapies combined with local healing traditions.

He is also an avid ultimate frisbee player, and is the league director and a board member ofWestchester Ultimate Disc, Inc., an organization whose goal is to promote, support, and foster thedevelopment of both the sport of ultimate frisbee and the individuals involved.

GREG B. After working in the legal department for nearly 15 years, Stone was promoted to theposition of marketing director for the Hartz's leasing department. Farrell heads up the 33-brokerstrong commercial brokerage division team. (PPD).

Other clients with which Murray has worked include MDS, Butler International, Ocular Sciences,Ajilon Services, and Indexx Laboratories.

Murray holds a B.A. at 780 Third Avenue. In part, she owes her success to relationship building.During his tenure, he has closed approximately $2.1 billion in sales transactions comprising morethan seven million square feet.

Silverman became the youngest managing director in Studley's history, upon his promotion to thatpost in October 2005. Most recently, he extended his influence while spearheading--and beingelected president of--New Jersey's first mechanical trades organization, the Mechanical and AlliedCrafts (MAC) Council, a central resource for more than 40,000. He is also involved with therenovation of the historic Apollo Theater, and the relocation of WNYC Radio's offices and broadcaststudio to 160 Varick Street, with the work encompassing an upgrade of the building's mechanicalsystems and infrastructure.

Earlier, Kusinitz managed projects that included a high-end interior office renovation for MartinCurrie; a due diligence study involving the development of four sites.for the Brooklyn Academy ofMusic; a 26,000-square-foot phased interior office renovation of five existing occupied floors forErnst & Young LLP; and the ground-up development and build-out of a 71,000 s/f new theater andschool facilities for Alvin Ailey Dance Theater.

Other projects include the conversion of a 57,000 movie theater complex into five Off-Broadwaytheaters and support space for Dodger Theatrical Holdings; a 92,000 s/f office fit-out and 2,000 s/fdata center for Standard Chartered Bank; and work on multiple locations in the Northeast, includingsmaller projects and sites up to 200,000 s/f, for Pricewaterhouse Coopers.

Kusinitz received a bachelor's degree from Syracuse University. Marissa's real estate career startedby creating an Atlanta based consulting company that helped large residential apartmentcommunities with below average occupancy. After high school, Solomon went onto the University ofDenver where he earned a degree in Business Management. He specializes in the hedge fund,private equity and financial services industries.

In 2005, Ohls was chosen as one of Fairfield County's "40 Under 40" by the Fairfield CountyBusiness Journal. In her position, Libner oversees all aspects of the company, focusing a great dealof energy on expanding the eemerge platform and brand as the market continues to favor demandfor flexible office space alternatives in mid-town. She was also appointed by the Governor of NewJersey in 1997 as a Commissioner on the Monmouth County Board of Taxation, a position that shestill holds.

Brodsky has a wide range of specializations, working with Northern New Jersey's most prominentcommercial property owners and tenants in many industries. Representing both tenants in thetransactions, Corbi was able to achieve excellent results for all through initiative and creativity.

Corbi has worked for NAI DG Hart for two years, focusing primarily in client-based real estateservices, including acquisition and disposition of New York City office space. His notable dealsinclude securing CSTV's 56,000-square-foot headquarters at 85 Tenth Ave.; the consolidation ofVitamin Shoppe's headquarters in North Bergen, NJ into 231,000 square feet; Rothstein Kass'consolidation into 75,000 square feet in Roseland, NJ and 35,000 square feet at 1350 Avenue of theAmericas, as well as the expansion of Kroll Inc. She is on a first-name basis with reporters andeditors at top-tier publications.

Billet began her PR career in Asia. Today, EPS is a multidisciplinary 65-person firm staffed byarchitects, designers, engineers, real estate and facilities management professionals, CPAs, movemanagers and more. in Real Estate Investment/Finance from New York University while working atthe Equitable on a $3 billion commercial real estate portfolio. Solomon. Tenacious andconscientious, the sellers she represents give her repeat business because of the level of service sheprovides, and the results she gets.

ELIF A. In addition, he showed Horn Group how it could benefit from the downtown tax incentives.She acts as leasing agent for Morgan Stanley and International Fund Services, as well asPricewaterhouseCoopers and JP Morgan Chase, for whom she acted as tenant broker in 2004,leasing 175,000 s/f and 135,000 s/f for their respective offices. He spent the previous summer,working in Studley's summer internship program.

As a tenant representation specialist focusing on strategic planning and the acquisition anddisposition of facilities, he is knowledgeable about all the city's submarkets. H.D. from the School of

Management at Boston University, where he gained his first entrepreneurial success when hecreated/published a 64-page magazine for the Greater Boston college market.

ETHAN GOLDSMITH LEVIN MANAGEMENT CORPORATION

Ethan Goldsmith joined Levin Management Corporation in 2002 as an intern and an industrynewcomer. During the past two years, he has successfully established a thriving practice that servescommercial clients throughout northern New Jersey. Previously, he was president of Greene StreetPartners, Ltd. With his team, Goldman also was responsible for the subleasing of nearly one millionsquare feet for PricewaterhouseCoopers at 1301 Avenue of the Americas and 1177 Avenue of theAmericas. In addition; the financial planning firm Ameriprise Financial committed to 20,000 s/f onthe 39th floor, while Beijing Vantone Real Estate signed a preliminary agreement to take 200,000 s/fon the top floors.

Since joining CB Richard Ellis' Tri-State Region Agency Group in 2004, Wasserberger has conceivedand implemented new strategies that have maximized the value of his clients' real estate portfoliosthroughout New York.

Prior to joining CBRE, Wasserberger enjoyed a successful career with Tishman Speyer Properties,where he was responsible for the completion of more than two million square feet worth oftransactions throughout the firm's domestic portfolio. The aggregate value of his completedtransactions in 2004/2005 exceeded $400 million in over 650,000 s/f of tenant representation deals.His fulfillment projects throughout the Metropolitan area have led to an expertise in the localmarket.

Acting for the Graybar Electric Company, Inc. Harrington grew up in the Silicon Valley and learnedabout apartment management from the inside, as his father is a real estate owner on the WestCoast.and Equis Corporation. FUTTERMAN

Ariel Schuster is a retail leasing specialist, with expertise in landlord and tenant representation.Cuba received her B.A. Gordon Company; now CB Richard Ellis where he worked closely with MrGordon's private portfolio, supervising leasing and tenant improvements.

HOPE BRODSKY NEWMARK KNIGHT FRANK

Moving to real estate brokerage from a 12-year career in real estate law and litigation in New Yorkand New Jersey, Hope Brodsky came to Newmark Knight Frank highly prepared to represent clientsin complex transactions.

In 2005, Brodsky was recognized as one of CoStar Group's Power Brokers for her achievements inNorthern New Jersey and the Hudson Waterfront. He was responsible for the sale of the entire SixthAvenue block-front of retail running from 20th to 21st Streets, and also recently placed into contractanother block-front retail condominium on Fifth Avenue between 26th and 27th Streets.

Additionally, Oelsner was involved in the sale of 14,000 s/f at 21 Astor Place, 10,000 s/f at 1251Lexington Ave., and the retail space under development at 25 West 51st St.

Oelsner holds a master's in real estate Development from Columbia University.

ANDREA OGUNKOYA STORAGE DELUXE

Vice president of operations, Andrea Ogunkoya joined Storage Deluxe in October 2004.

Prior to joining the firm, Ogunkoya worked with Nortel Networks and AT&T before joining MSCOBusiness Consultancy as director of business development serving clients such as IBM, AMEX andGE's Storage USA.

With 12 years of business development and creative marketing experience Ogunkoya was director ofsales and marketing (with primary responsibility for the Storage Deluxe sales force, call center andall internal and external marketing initiatives) before being promoted to vice president of operationsin September 2005.

Recently awarded one of the "Top 40 Under 40" executives by Crain's New York Business magazine,Ogunkoya is making strides as VP. Brown joined Studley in 2004 with 13 years of experience in realestate finance, real estate M&A and commercial brokerage. STRAVITZ NAI JAMES E. She wasquickly promoted to relationship manager, structuring and presenting loans to the executive creditcommittee, including Lloyd Goldman, Lou Brause, Earle Altman and Peter Hauspurg, learning fromthese leaders in real estate. 44th Street, where Libner is targeting a more corporate tenantdemographic, one that sees value in eemerge's specialized office services and convenience to GrandCentral. Prior to joining eemerge, Libner worked in on the client service side of two majoradvertising agencies, Draft Worldwide and a subsidiary of Meddey, Newman, Harty. Hernandezjoined the private real estate investment bank as an analyst in 2001 after graduating from theUniversity of Pennsylvania's Wharton School of Finance and Commerce.

Over the past several years, Hernandez has climbed through the ranks of the firm's Capital MarketsGroup and handles some of the most complicated, prestigious and high-profile transactions beingundertaken today.

Hernandez has helped raise $5 billion of capital for real estate transactions through investmentbanking activities, of which several billion involved office, residential and retail transactions. Alizawas able to swiftly bring this site to market, selling it an excellent market price for her client.

Born and raised in Jerusalem, Israel, Aliza, who arrived in the United States eight years ago, comesto real estate sales with all the qualities necessary to succeed. She launched Storage DeluxeOlympics, she got the firm's 120 employees at its 19 facilities to drum up business as they competedfor cash and medals.

Thanks to her experience with minority marketing, (she is the author of business reference bookentitled Minority Marketing) she has joined hands and forces with local communities throughout theManhattan boroughs where Storage Deluxe facilities are located, to help unify their efforts andsupport the local minority neighborhoods.

Now, at the ripe age of 32, Ogunkoya is a huge asset to Storage Deluxe and its recentunprecedented growth acquiring 10 new development sites bringing the total to 23 facilities withover two millions square feet of prime New York real estate.

GILBERT L. in interior design from the Fashion Institute of Technology as well as such professionalcertifications as SixSigma, LEED, cGMP, OSHA/VPP, ISO, and PMP designation. Stuart Gross, hasrecently formed the 1031 Group at Eastern Consolidated. Shortly after graduating from theUniversity of Pennsylvania, Andrew joined his family's firm and with his entrepreneurial spirit andbold vision, he has built The Andalex's portfolio significantly.

He is a member of the Junior Council for the Museum of Natural History, and he is a Frick MuseumYoung Fellow. and Credit Suisse First Boston's Technology Group.

Ganchev holds a B.S. in Real Estate Investment and Finance from New York University and B.S.Gordon is a graduate of Emory University where he earned a Bachelor of Arts in history.

RAIZY HAAS EXTELL DEVELOPMENT COMPANY

Raizy Hass' responsibilities as SVP Project Management & Development for Extell DevelopmentCompany includes the acquisition, development & asset management of multi-million dollar projects;negotiation of land/air rights parcels, reviewing purchase contracts/zoning agreements; preparationof condo documents, dealing with City and State economic development agencies and consultants toprocure tax incentives for special projects, negotiating/obtaining project approvals withgovernmental agencies such as LPC, MTA, CPC, BSA and others. She is also in charge of thedevelopment team including project managers, proposals-bidding, awarding of contracts,consultants, construction managers, marketing & sales team.

Current Projects include, Orion, the 6th-tallest residential building in the city located on West 42ndStreet; Altair 18 & 20 in The Ladies Mile Historic District, has been dubbed as "the most prestigiousnew conversions in Chelsea;" Ariel East & West, currently under construction, bring a newdimension of design and lifestyle to the Upper West side and The Stanhope at 995 Fifth Avenue

Raizy is straightforward and tenacious. Farran served as trustee of the Drama League and the SirJohn Soane Museum (NY), and was a Member of Manhattan Community Board Six. This transactionis part of a larger real estate strategy that Geoff and his team have created and are currentlyexecuting. Since joining the firm in 1994, Gelber has successfully represented many retailers in theiracquisition of premier locations throughout the City. MENIFEE CUSHMAN & WAKEFIELD

Shawna O. He was an integral part of the team that executed the $440 million sale of the EssexHouse Hotel in New York--the year's largest single-asset hotel transaction in the U.S and ALISwinner as 2005's Deal of the Year.

Ganchev also worked on the $321.8 million acquisition and renovation financing for the PalmerHouse Hilton in Chicago, Chicago's largest hotel financing in 2005; the $71 million acquisitionfinancing for the Conrad Chicago; the $84 million acquisition financing for the Wyndham City Centerin Washington; and the $34 million sale (and subsequent $60 million re-financing) of the CrownePlaza at the United Nations. and 210,000 square feet at 245 Park Ave on behalf of JP Morgan Chase.in meeting the real estate needs of Fortune 500 clients such as Citibank/Travelers and Cingular.

At Equis, Armstrong has completed large and complicated transactions, including leaserestructurings, headquarters relocations, build-to-suits, purchases, and municipal incentivenegotiations, totaling over 90 transactions worth more than $250 million.

Transactions of note have included a 35,000 s/f lease at 1500 Broadway for Video MonitoringServices, enabling VMS to relocate from Class B to Class A space without any addition to its costs,two leases totaling 130,000 s/f in Pennsylvania and Wisconsin for New York-based PharmaceuticalProduct and Development Corp. Gesue has been able to create above market returns and to make apositive contribution to the communities in which his projects are located. Goldman's primary areaof focus is the representation of large financial institutions and boutique investment and privateequity firms. After spending three and a half years with Cluen as the Sales Team Leader, he spenttime as an independent consultant, focusing on sales strategy, employee efficiency, and business

development.

Most recently, he has been focusing his efforts on the development and implementation of Eastern'snew 1031 exchange practice area, helping investors defer capital gains tax after the sale of theirinvestment property.

Tapper received his bachelor's degree in Near Eastern Studies from Cornell University in Ithaca,NY. Today, he lives in Lincoln Park, N.J., with his wife of 15 years and two adolescent sons. and 152Madison Ave.

The sale of retail condominiums is also an area of success for Oelsner. and 485 Lexington, all ownedby SL Green Realty. Mr. Ivan was an entrepreneur from the very start with a knack for deal making.There he increased occupancy of its trophy property, 75 Broad Street, by 70 percent with leasing inexcess of 500,000 s/ f. Padnick is proud that her newly formed Madison Avenue firm is alreadygrowing in leaps and bounds, looking to add staff and expand their office.

Today, Padnick is also busy teaching the next generation of Cohen & Perfetto lawyers. REALESTATE, LLC.

Jeff Buslik, an associate director who specializes in tenant representation and commercial real estateconsulting, joined Adams & Co. Over the past seven years, he has achieved great success becomingone of the market's most knowledgeable brokerage professionals serving both the tenant andownership communities.

Since joining CBRE he has represented clientele throughout the New York Region and hascoordinated resources to serve his clients on a national level. Among the largest of the leases signedwas the New York Academy of Sciences, which took 40,000 s/f feet for its headquarters. Prior tojoining Waiters, he was a partner at Madden, Madden and Del Duca, where he represented retailand residential clients including Waiters Homes, Commerce Bank, Home Depot USA and theHaddonfield Planning Board. Kleiner has completed approximately 1.2 million square feet intransactions on behalf of Manhattan property owners.

In the past 12 months, he has helped secure 110,000 square feet in deals at Citigroup Center, andapproximately 150,000 square foot in leases at 1177 Avenue of the Americas. He was admitted tothe New Jersey Bar in 1991. Rosen has always had a keen sense for the family's business and thiscombined with his incredible work ethic has allowed him to emerge as one of the most respectedproperty management professionals in the industry today.

Rosen graduated from Lehigh University with a degree in political science. Russo has alsonegotiated over 1.2 million square feet of lease transactions valued in excess of $160 million.

Most recently, in September, Russo Development announced one of the largest industrial leasessigned in Northern New Jersey during the past several years. The groundbreaking $130 millionconversion project, Arris Lofts, will transform a 485,000 s/f former Eagle Electric building into 238spectacular, true loft condominiums in one of New York's newest hot spots--Long Island City. Sheembraces the challenge of development, using a laser-focused attention to detail.

She is a REBNY Board Member for Zoning/Land Use, a member of YMWREA, very involved incommunity outreach, public relations and as a government liaison, and was featured 40-Under-40 inCrain's Business.

IVAN HAKIMIAN ITZHAKI PROPERTIES

Hakimian recently sold one of the hottest development sites in SoHo, at the intersection of WestBroadway and Prince Streets: the five-building development site anchored by Max Mara at 450 WestBroadway in addition to 151, 153, 155, and 157 Prince Street. and its partner company JD CarlisleDevelopment Corp., has overseen several large residential projects in recent years, managing theconstruction and coordinating the development programs on all projects. Currently, Schor iscombining his legal and acquisitions expertise to oversee the formation of a discretionary real estateinvestment fund with Treeline investment partners.

Schor joined the Treeline team after a successful tenure as an attorney in the business finance &restructuring Department of the international law firm Weil, Gotshal & Manges LLP. From 1999 to2004, Brown specialized in commercial brokerage, then in principal investing in NYC real estate.

Brown is a Trustee of New York Landmark Conservancy where she co-founded the YoungLandmark's Group. In 1992, after structuring and financing over $1 billion in non-recoursefinancings as an analyst for Lehman Brothers, Brown attended Harvard Business School. interest in1221 Avenue of the Americas, the sale of 125 Park Avenue and the sale of a 75 percent interest inOne Park Avenue.

Prior to joining Studley, Silverman worked for Insignia/ESG and J.P. In 2005, Tapper completedalmost $48 million in transactions, with an average deal size of over $4.3 million including hislargest deal of the year at $17.8 million. He also specialized in the real estate and banking industrieswhile serving with the Audit and Management Consulting Departments of KPMG.

Regan is a member of the NJBA and serves on the Advisory Board of Penn Liberty Bank,headquartered in Wayne, Pa. A natural solution for New York's security needs, Kastle is theestablished leader in cost-effective, outsourced security system operation and management,securing more than 1,700 properties across 289 million square feet of commercial office buildingsand 37,000 tenant spaces.

Rindner is a talented strategist, aggressively expanding Kastle Systems' critical niche in thecommercial real estate industry. For example, the acquisition financing of a 49% partnershipinterest in the Mayflower Retail Condominium for Madison Capital; the recapitalization of 120Broadway for Silverstein Properties; the joint venture equity financing of 1540 Broadway forParamount Group; the recapitalization of 1515 Broadway for SL Green Realty Corp. Madison joinedNewmark Knight Frank in 1995. Her adventures have taken her to the rural areas of Thailand,Cambodia, Vietnam and Laos. Her greatest concentration is in financial services. Clients span thegamut from major private and corporate developers, to Fortune 500 companies, to middle marketlenders and borrowers, to small businesses and first-time developers.

Perfetto graduated cum laude from Thomas M. Before joining PBS, Gordon was a top producer withUSI Real Estate Advisors in New York where his success was recognized with USI's 2004Distinguished Service Award. Cioffi's commitment to delivering top-of-the-line results and services ina sophisticated, environmentally friendly manner has lead to the significant early success andmomentum of the Commercial Real Estate Division.

Cioffi has more than three decades of experience in the landscaping business, including a priormanagement position with Jacobson Landscaping. While at M&T, she analyzed and closed more than$1 billion in loans, including acquisition, bridge, permanent and construction loans, for all types ofincome producing properties.

She consulted for major property owners and developers in NYC, building the foundation for hercurrent venture with Michael Besen, president of Besen & Associates. HANSON

Stravtiz reputation for placing his clients first insures the repeat engagement of his services.

Some of the clients that enjoy Stravtiz professionalism and long-term commitment include IBM,Graybar Electric, Inc., Ingersoll-Rand, Kelly Services, Bovis Lend Lease, Girls and Boys Town, USA,Pinkerton, Principal Financial Group and EchoStar Communications Corporation and Dish NetworkService, LLC. Minskoff Equities; RFR Realty, Inc.; The Winter Organization and The RelatedCompanies, L.P.

Schuster's recent notable leasing assignments include 111 Fifth Avenue, 270 Greenwich Street, TheManhattan House, 10 Hanover Square and the retail space at The Plaza. For his performance andhigh level of achievement, Ben was named Eastern Consolidated's Most Promising Broker for 2005.

Tapper received his real estate license in 2004, and joined Eastern Consolidated after spendingnumerous years in technology sales and consulting, where he worked with both domestic andinternational organizations. He is one of the top "rising stars" in the U.S. The site is vacant landzoned for residential condominium development. Needleman worked for The Lansco Corporationand before that he was a co-founder of an integrated marketing firm, MusicVision.

He earned a bachelor in business administration degree from Hofstra University.

Needleman is an active member of the Real Estate Board of New York and sits on the YoungProfessional Committee of the Corrine Goldsmith Dickinson Center for Multiple Sclerosis at MountSinai. Regan's efforts, the Independent Lot Owners are able to realize a significant increase in thevalue of their lots, which were unbuildable for almost 30 years before Waiters' involvement.Presently, she's an active member of REBNY and AREW.

Brown, a lifetime NYC resident, graduated from the Brearley School, received an MBA from HarvardBusiness School and a BA with honors from Wesleyan University where she majored in economicsand political science.

JEFFREY M. Johns University Accounting Circle.

Siino lives in Floral Park, Long Island with his wife and two daughters where he coaches hisdaughter's soccer team. Garfield has been largely responsible for generating all new business.During his brief tenure, he has been responsible for numerous multi-million dollar transactions formajor clients in various industries. Today both stand at the forefront of everything happening atHidrock. A recent highlight is the purchase and financing of the Kadima Medical Portfolio whichincluded 17 buildings spanning eight states. For Principal Financial Group his assignments haveincluded the acquisition and lease of 13,441 s/f at 75 Rockefeller Plaza, the acquisition and lease of9,800 s/f at 888 7th Avenue and the acquisition and lease of 10,450 s/f at 1155 6th Ave.

KEVIN SWILL WESTMINSTER CAPITAL

In May 2005, Kevin Swill was named Man of the Year by the Hebrew Academy for Special Children(HASC), a non-profit organization for people with physical and mental handicaps. Financing theproject was a challenge, since the firm did not own all of the lots. Today Mitchel is taking that familybusiness to new heights.

Maidman is also the managing partner of Maidman & Mittelman, LLP, which specializes in realestate, commercial litigation and law in New York.

Maidman joined his family's real estate business in the mid 1990's, imbuing it with his own brand ofvitality, energy and keen business savvy of real estate investment opportunities. Post. Menifee is amember of the leasing team for 505 Fifth Ave., which was awarded the Strategic Agency of the YearAward in 2005 for successfully pre-leasing more than 80 percent of the building at rents more than25 percent higher than other buildings in the Grand Central area.

She is also a member of the leasing team for 360 Madison Ave., which was awarded the StrategicAgency of the Year Award in 2001 for the successful lease-up of the 360,000 s/f office tower.

Menifee's list of clients includes the New York City Housing Authority, Uniworld Group, U.S. In2001, Stone was promoted to the position of assistant vice president of marketing and leasing,where she works exclusively on Hartz Mountain's retail portfolio and marketing. Fallon, RPA,spearheaded the making of the award-winning documentary, Everyday Heroes, to chronicle the life-saving contributions of the building industry that day.

He was among the first to recognize the "first responder" responsibilities of building staff andspeaks nationally on this topic today.

Lifrieri has been honored as BOMA/NY's Outstanding Local Member of the Year and the TorchFoundation's Real Estate Professional of the Year.

DANIEL K. She is an honors graduate of the E.W. Since joining RKF in 2001, he has completed retailleases totaling 500,000 s/f.

His roster of landlord clients include Edward J. Hidrock Realty maintains offices in Manhattan,Hollywood, FL, and Reading, PA.

JARED HOROWITZ CUSHMAN & WAKEFIELD

Jared Horowitz is a senior director at Cushman & Wakefield, specializing in new businessdevelopment, tenant and agency representation. He holds a B.S. Ramirez & Co.

At BSD, Blanco has played an integral role in the acquisition of the firm's assets including 61Broadway, 184 Thompson and 1430-1438 Third Avenue. Since September 2001, Wasserbergerdirected the leasing at Rockefeller Center, where his team completed more than 100 transactionstotaling over 650,000 s/f.

Before overseeing the Rockefeller Center portfolio, Wasserberger spearheaded leasing at otherTishman Speyer projects in New York, Los Angeles, San Francisco, Silicon Valley, Washington DCand Orlando.

In addition to his leasing expertise, Wasserberger also has extensive development experience,including projects such as 222 East 41st Street in New York and One Metro Center in WashingtonDC.

He holds a Bachelor of Arts degree from Boston University and is an active member of the REBNY.

AMY WEINS TRAMMELL CROW COMPANY

Amy Weins, 29, joined Trammell Crow Company in 2002 as a marketing analyst and quickly rose tobecome a top-producing senior associate by 2006.

Her strong 2005 record prompted Weins' promotion from associate to her current senior associatepost, an affirmation that Weins is one of real estate's rising stars.

As part of Trammell Crow's Tenant Representation Group, Weins is responsible for new businessdevelopment and fulfilling transaction management services for tenant clients. She also manages anational portfolio totaling more than 12 million square feet of commercial and industrial space.

Pulice earned a bachelor of science degree from Wagner College and is a member of the Real EstateBoard of New York.

TIM REGAN WALTERS GROUP

Tim Regan is chief financial officer and partner of the Waiters Group in Barnegat, N.J., which doesresidential and commercial development. On-Site.com brings technology to the multifamily industry,a sector that is benefiting greatly from it. LIFRIERI, RPA GRUBB & ELLIS

Currently with Walt Disney Parks and Resorts/World of Disney New York, and a project managerwith Grubb & Ellis, Lifrieri has accumulated career experience from working at such firms asCushman & Wakefield, Inc., Insignia ESG (prior to becoming CB Richard Ellis), JEMB Realty andCapital Properties Associates. Buslik also served as a volunteer firefighter in high school.

Buslik holds a bachelor's degree in consumer science from the University of Wisconsin-Madison, andis in the process of completing a master's degree in real estate from NYU.

JOHN G CAULFIELD ARBOR COMMERCIAL MORTGAGE

Caulfield is responsible for managing the overall production of Arbor's national sales force andoversees the implementation of the company's integrated sales and marketing efforts.

He is responsible for all capital market activities relating to all of Arbor's lending products. resultingfrom his work on behalf of the lottery and gaming company.

In addition, Needleman has represented many of the world's highest profile companies in their officespace requirements, including HSH Nordbank, IMG Artists, McCarter & English, AXA Financial,Indus Capital Partners, Bauer Publishing and the Royal Bank of Canada.

Prior to joining CBRE in 2003. and White and Case LLP.

MIC MURPHY THE MIGDOL ORGANIZATION

Mic Murphy is already a star in the entertainment business. Ackerson earned a Bachelor's degree inspeech communication with a minor in business administration from the University of San Diego.

BRAD ARMSTRONG EQUIS CORPORATION

Brad Armstrong, one of the top producers of Equis Corporation, a major national real estate servicesfirm, this year arranged an 80,000 s/f expand and extend lease for Bayer in Tarrytown, N.Y., whichsaved $100,000 in costs. James, a 306-unit luxury rental apartment building in Philadelphia, and the

recapitalization of United Campus Housing, a national student housing operator.

"Alex's extensive relationships with a variety of capital sources and his ability to interact with clientson a professional level are apparent in his strong transaction record," said Steven Kohn, president ofSonnenblick-Goldman. Gelber has also acted on behalf of retail tenants such as Pret A Manger,Victoria's Secret, Bath & Body Works, Planet Hollywood and Gracious Home to name just a few.

Gelber is just as accomplished in landlord representation, and has developed a reputation forimplementing creative marketing and leasing solutions for many of New York City's most prominentreal estate owners, including Tishman Speyer Properties, Emmes & Company, Blackacre Capital,Credit Suisse First Boston and Host Marriot Corporation.

In 2001, Gelber was honored as a co-recipient of the Real Estate Board of New York's Retail Deal ofthe Year Award for his outstanding work on behalf of Himmel + Meringoff Properties in the sale ofthe landmark 1356 Broadway to Haier America.

Prior to joining CBRE, Mr. HIDARY & EDWARD HIDARY, HIDROCK REALTY INC.

Brothers Abie & Eddie Hidary took similar paths in their real estate careers. An old cliche claimsreal estate revolves around location, location, location. The move into 625 Madison, the buildingadjacent to the firm's headquarters at 650 Madison, provides Polo with operational efficiencies andflexibility for future growth.

Recently promoted to managing director, Left joined Studley in 2001 and concentrates on newbusiness development, with a focus on strategic planning and the acquisition of facilities. Her effortshelped reduce costs in the building and avoid unnecessary increases in maintenance for severalyears.

However, it is her successful seminar series which has earned her a reputation as a knowledgeableand astute broker. He arranged the $532.6 million recapitalization of The Benjamin and Affiniahotels portfolio, a six-asset portfolio based in NYC and he also arranged the financing for severalwell-known hotel assets across North America.

Other significant and high-profile transactions that Owens worked on in 2005 include the sale of the$110 million Four Seasons Toronto, the $85 million sale of the Hilton San Diego and the $86.1million financing of the Westin O'Hare.

Since joining Sonnenblick-Goldman in 2003, Owens has completed an impressive $1.5 billion inlodging transactions representing a variety of structures, including equity recapitalizations,dispositions and debt financing for both single-asset and portfolio transactions.

Prior to joining Sonnenblick-Goldman, Owens worked at HVS International's headquarters in NewYork, where he consulted on over $3 billion in lodging real estate.

Owens, a graduate of Cornell University's School of Hotel Administration, is a member of the CornellHotel Society's national chapter and serves on the New York chapter's executive board.

CHRISTOPHER OWLES SINVIN REALTY CORP.

Christopher Owles, managing director at Sinvin Realty Corp. Rosenfeld specialized in land usemanagement and corporate assistance projects for the law firm Stadtmauer Bailkin.

Rosenfeld holds a Bachelor of Arts degree from Trinity College and a Master of Science degree inUrban Planning from Columbia University.

SHAWN ROSENTHAL THE ACKMAN-ZlFF REAL ESTATE GROUP

Shawn Rosenthal, a managing director at the Ackman-Ziff Real Estate Group, is responsible forexecuting and originating debt, mezzanine and equity financings.

He is responsible for all aspects of the underwriting process including sourcing, evaluating,structuring and negotiating investment opportunities for all property types. Caulfield manages theoperations functions of Arbor's pipeline from screening through closing. He is also a member of theMortgage Bankers Association. Levine resides in New York City with his wife and son.

MELISSA LIBNER EEMERGE, LLC

Melissa Libner is the senior managing director of eemerge, LLC--a wholly owned SL Green RealtyCorp. He is an active member of the Real Estate Board of New York.

MICHAEL SIINO MARKS PANETH & SHRON LLP

Michael Siino, CPA has been with Marks Paneth Shron LLP for over 16 years and is a partner at thefirm with an extensive range of industry exposure.

In addition to his main focus on commercial and residential real estate, Siino has served as auditor,tax professional and consultant for clients in industries including low-income housing,manufacturing, restaurants, professional services, furniture, apparel and jewelry.

Siino is a member of the American Institute of Certified Public Accountants (AICPA) and the NewYork State Society of Certified Public Accountants (NYSSCPA) where he serves on the Advancementwithin the Profession Committee. Smith signed a 211,000 s/f office/warehouse lease in RussoDevelopment's Saw Mill Park in Kearny, New Jersey.

Russo oversees all day-to-day operations including land acquisition, construction, architecture,financing, leasing and property management. She was recently honored as "Woman of Valor" by TheCapuchin Food Pantries.

Gonzalez studied marketing and advertising at the Fashion Institute of Technology (FTT), and is alsoa former fashion magazine cover model.

STEPHEN GORDON PBS REALTY ADVISORS

Stephen Gordon joined PBS Realty Advisors as senior managing director in 2005. In 2003, he washonored with Reckson Associates' "Broker of the Year" award.

Ohls is recognized by his clients and peers for his tireless work ethic, attention to detail andimpeccable reputation in the industry.

His clients include Burton Management Group, Cenveo, Inc., RBS Greenwich Capital Markets,Greenbridge Partners, ESL Investments, Kanders & Company, Inc., Clarus Corporation, BlackDiamond Capital Management, LLC, FrontPoint Partners, Dover Management, LLC, Newgate LLP,Royal Bank of Canada, QD Healthcare and Tooher Ferraris Insurance. BALI LOEWS HOTELS

Bali was recently appointed vice president of development of Loews Hotels. LEE SHOE LEE SHOEREALTY, INC.

As founder and president of Lee Shue Realty, Inc., Lee Shue was invited by Carnival Cruise topresent her successful seminar 'A Practical Guide to Buying a Coop, Condo or a House: Things YouShould Know and Mistakes to Avoid,' on one of their cruises.

Her firm specializes in selling residential and commercial properties and renting apartments in allfive boroughs.

Lee Shue was considered the key catalyst in an action that saved an Upper West Side condo fromgoing into bankruptcy. Cooley Law School and received his LLM from New York University.

At 18, he was a prospect for the L.A. Currently, he oversees property development, businessdevelopment and finance.

Since joining the organization, Regan has spearheaded the closing of more than $300 million infinancing for construction, development and permanent mortgages and the company's overallbusiness growth.

Regan was involved in the Ocean Acres at Barnegat development when the Walters Group firstdecided to pursue this unique single-family development in late 1997. and Rothstein Kass. Togetherwith Heller, Silverman is currently marketing the sale of the fee interest in the land beneath 600Fifth Avenue at Rockefeller Center, on behalf of seller Collegiate Church Corporation.

Among the transactions he's worked on are the sale of a 45 percent C-Corp. The companies thatoccupy the building will further transform the area.

Owles is also notable for finding luxury and innovative retailers unique space that bolsters theirbranding efforts. He has worked in partnership with the portfolio's major hospital tenants includingAtlantic Health Systems, Montefiore Medical Center and Harvard Vanguard to negotiate long-termlease renewals prior to expiration, solidifying the long term success of the investment. During thepast 15 months, Garfield was responsible for originating and funding more than $300 million instructured debt transactions and purchases including a total of two million square feet of industrialspace in New York, Florida and Massachusetts. In 2005, Ohls was involved in Fairfield County'slargest commercial office transaction, bringing RBS Greenwich Capital Markets' regional HQ of over500,000 s/f to Stamford. His acute knowledge of the New York City office market has allowed him tobecome a specialist in the space needs of law firms and fashion / apparel companies, includingrenowned firms like Pillsbury Winthrop Shaw Pittman LLP, Kirkpatrick & Lockhart LLP and PoloRalph Lauren.

Since joining Studley, Left has been involved in more than 1.5 million square feet of transactions,most notably. Maidman loves them so much, he's moving into one of the apartments with his wife,Arlene, director of business development for Townhouse and the couple's two children.

Maidman has a J.D. Zach's ability to see the potential has allowed the Solomon Organization tobecome the largest holder of multi-family communities in the Capital Region.

As an associate director for the Solomon Organization, Solomon assists with the executivemanagement of the Albany portfolio, as well as, being a vital member of the Solomon Organization'smanagement team.

EVAN STEIN MD CARLISLE CONSTRUCTION CORP.

Evan Stein, 34, president of both MD Carlisle Construction Corp. Highlights include a refinancing ofthe Domino Sugar site in Brooklyn, NY, a $100 million first mortgage and mezzanine for seven officebuildings in Virginia, $57 million of first mortgage and mezzanine financing for 950 apartments inMaryland, and $81 million for a portfolio of showroom assets in Highpoint, NC.

Rosenthal practiced real estate law for two years at Thacher Proffitt and Wood. Del Duca hasauthored several law review articles and is often invited to speak publicly on land use,environmental law and real estate issues. Motivated by success, Buslik stands to be one of Adams'quickest producers to reach 500,000 s/f leased. To make the project a reality, the firm acquired inexcess of 800 of the 2,000 lots in the subdivision. Also, she has certified Nortronics as one of the fewwomen- and minority-owned small businesses in the state of New Jersey, and is arranging similarcertification in the state of New York.

An active member of the real estate community, Gonzalez serves as co-chair of the communicationscommittee of the Association of Real Estate Women (AREW) and is a member of the AmericanSociety for Industrial Security (ASIS). in Business Administration focused on entrepreneurial studiesand real estate.

Levine is a licensed real estate broker in the State of New York and Commonwealth of Pennsylvania,as well as a member of the Real Estate Board of New York, International Council of ShoppingCenters and the New York Association of Realty Managers. In addition to maintaining a busy clientschedule, currently including GSN The Network for Games, The Ad Council, KLS ProfessionalAdvisors and C.T. In addition, Kleiner completed more than 150,000 square feet in deals at 320 ParkAvenue, and pre-leased 60,000 square feet of 500 Park Avenue to three different tenants to fill spacebeing vacated by Bloomberg.

His work with 1177 Avenue of the Americas brought the building from 70 percent occupied to 98percent occupied. He sensed as a very young man that it's not about what you know, but who youknow. he was involved in the disposition, acquisition, sale and lease of over 300,000 s/f of propertythroughout New Jersey. in political science from George Washington University.

FARRAN TOZER BROWN STUDLEY

Upon Welsh Carson's acquisition of Ruesch International, Brown developed a strong workingrelationship with the senior executive team. Del Duca, partner and general counsel, joined WaitersGroup in 2004. in 1996 as a woman-owned, full-service commercial real estate services firm toaddress industry-wide supplier diversity initiatives. He has always been involved in the annual on-campus recruitment process and is a member of the St. is a preeminent tenant and landlord agent indowntown Manhattan who has played a bigger role in the Meatpacking District's transformationthan probably any other commercial broker.

In the Meatpacking District alone, Owles has negotiated leases for over 150,000 s/f. Buildingrelationships with clients are his favorite part of the job, attracting a growing array of tenants eachyear to occupy family assets such as the historic Falchi Building in Long Island City and the recentlyacquired Grumman building in Bethpage, NY. OHLS NEWMARK KNIGHT FRANK

Gilbert L. Prior to joining HRC in January 2003 and managing its explosive growth, Garfield wasmanaging director at Titan Capital, Inc., where he was responsible for the origination, underwriting,closing and servicing of high-yield commercial real estate loans. Gordon is also Chairman of the

Young Broker Event an industry networking group he founded and is an active member of theAssociation of Emory Alumni. In her first full year she was top producer at Mark David & Company.

During 2005 she rented high-end apartments and closed nine residential sales producing almost aquarter of a million dollars in commissions. Maidman is president and chief executive officer ofTownhouse Management Company, which has owned and managed residential buildings in NewYork for over 50 years. The award-presentation was attended by more than 325 real estateprofessionals who joined in honoring Swill for his consistent commitment to those in need and for hisextensive business accomplishments and volunteer activities.

Swill serves as president of Westminster Capital, the financing division of Florham Park, N.J.-basedKushner Companies. He earned his Bachelor of Arts Degree in Economics from the University ofChicago. While representing Edward J. STONE HARTZ MOUNTAIN INDUSTRIES

Deborah A. In addition, he was involved in a 53,000 s/f expansion and extension for New Jersey'slargest law firm, McCarter & English at 245 Park Avenue and the disposition of 135,000 s/f for ReedElsevier at 360 Park Avenue South.

Named CB Richard Ellis' "Top Rookie of the Year" in 2004, Needleman is undoubtedly one of thefirm's most promising rising brokerage stars. With offices in Manhattan, northern New Jersey, SanDiego, Boston, Chicago, and 23 other domestic locations, EPS helps its vast roster of corporateclients, many among the Fortune 500, acquire, inhabit, operate and improve properties ranging fromoffice suites to manufacturing plants to headquarters on campuses occupying over two millionsquare feet of building space. Under Mr. Kleiner has also consistently helped the owners of 320 ParkAvenue maintain close to 100 percent occupancy.

In the past 12 months, he served as a member of the tenant representation team that secured51.000 square feet for First Republic Bank at 1230 Avenue of the Americas, and landed a 29,000-square-foot sublease with Creditex Inc. On-Site's new alliances include providers of rentersinsurance and debt-collections.

But according to Harrington, his mostrewarding achievement was this pastJanuary when he went to Tanzania, Africawith Habitat for Humanity and helped buildtwo houses.

During his senior year at Duke University,Harrington started the business that becameOn-Site.com, an integrated system forresidential buildings that provides propertymanagers with online applications, easy toread credit checks, instant lease preparation,and traffic tracking.

Under Harrington's guidance, OnSite.com has expanded into 13 markets in fewer than five years. Asa member of CBRE's brokerage team, Mr. Garfield earned his M.S. from George WashingtonUniversity. Donnelly's passion for IBS's product and clients distinguishes him among sales andmarketing professionals in the industry.

With an accounting degree from Pace University, Donnelly began his career at ADP, where heexcelled as a general ledger specialist for the company's former suite of real estate products.Existing property tenants include Home Depot, CVS/ pharmacy, Eckerds, U.S. He attended HoraceMann High School and graduated magna cum laude from Tulane University, with degrees inmarketing and finance.

He is currently enrolled at NYU, pursuing a Masters in real estate finance. He directs the seamlessexecution of our deals by insuring that all disciplines involved in a transaction are in constantcommunication and are working with the most current data available. In 2003, he arranged a 1.2-million-square-foot development project in New Jersey on behalf of Sappi, the world's leadingproducer of coated fine paper, for which Hrobsky was nominated the runner-up as NAIOP's Deal ofthe Year.

"Dirk has incredible leadership skills that show in his interaction with his team," said Ken Krasnow,executive vice president and director of Trammell Crow's Brokerage Services Group. Magazine for2006.

ALEXANDER E. With a 27-year development history, IBS continues to be at the forefront oftechnological advances. Prior to joining Becker Meisel, Kaplan was an associate with Sills CummisEpstein & Gross, P.C. Rindner has had remarkable success in the New York area.

Critical issues of homeland and national security continue to make headlines, making Rindner's fieldof expertise more important than ever. Rosenthal founded the mezzanine platform New CondosGeorgetown DC at Ackman-Ziff and is a frequent guest speaker on the topic at industry conferences.Alliance also provided security at the 2004 Republican National Convention in New York city.

Rodriguez lives in New York City with his wife, Maria, and two children.

EVAN ROSEN THE SOLOMON ORGANIZATION

Evan Rosen started working for the Solomon Organization back when he was in high school on apart time basis. Gonzalez leads the company's business development, security systems design, andmarketing efforts. In his first three months of working in the industry, Hakimian sold a package ofbuildings hovering around $20 million to a prominent New York family.

JAKE HARRINGTON ON-SITE.COM

In the past Condominium For Sale Georgetown DC six months, Jake Harrington has helped openthree new offices, enabling On-Site.com to expand into six markets, i.e., Southern NewJersey/Delaware/Pennsylvania, Northern New Jersey and Chicago. Within two years, Cold StoneCreamery became a household name in many communities throughout the tristate area. into 65,000square feet at 900 Third Ave.

Horowitz was recognized as one of Cushman & Wake field's top salespersons in 2002 and again in2004 as its top producer in the associate director category.

Horowitz has extensive experience with the agency side of commercial real estate.

He successfully leased 410 Park Ave., Ladenburg Thalmann's 25,000-square-foot formerheadquarters at 590 Madison Ave., 20,000 square feet on behalf of XL Capital at 250 Park Ave. Inthe last 3 years, Gordon has completed over 750,000 r/s/f of leasing as a tenant representative,

400,000 r/s/f of which was completed in the Plaza District. Most recently, he completed a 162,000 s/flease renewal and expansion for the international law firm Simpson Thacher & Bartlett at 425Lexington Avenue after representing the firm in a 50,000 s/f acquisition in Palo Alto, CA.

A real estate professional with more than six years of experience, Ackerson is a senior associate ofbrokerage services at CB Richard Ellis' Midtown Manhattan headquarters where he specializes intenant and agency representation.

Prior to joining the brokerage division of the firm, Ackerson worked in market research as aninformation management coordinator for the New York City and San Diego Central offices.

A specialist in corporate expansion, he now works closely with his clients to determine their futureoccupancy strategies and develop individualized plans to meet those requirements.

He is involved with a number of civic organizations, including the Mental Health Association of NewYork City and the Achilles Foundation. "It is apparent in both his teamwork and successfultransactions."

A graduate of McDaniel College, Hrobsky holds a Bachelor of Arts in psychology and economics anda Master of Science in industrial organizational psychology.

Hrobsky currently serves on the Real Estate Board of New York's economic development committeeand is a board member of eDigital Networks.

IVAN KAPLAN BECKER MEISEL LLC

For 15 years, Kaplan has been active in both corporate law and commercial law including realestate.

Since being selected to head Becker Meisel's real estate finance and transaction practice group,Kaplan has represented clients in a number of major real estate development projects. Prior toMetroNexus, McArthur was with The Trammell Crow Company where he focused on theprocurement and servicing of corporate services accounts. He also enjoys tennis and is an avid winecollector. Other transactions worthy of note to which he has contributed have included a 35,000 s/flease at 1500 Broadway for Video Monitoring Services, enabling VMS to relocate from Class B toClass A space without any addition to its costs, and two leases totaling 130,000 s/f in Pennsylvaniaand Wisconsin for New York-based Pharmaceutical Product and Development Corp. Schor alsodirected Treeline through some $250 million in refinancing transactions in 2005.

Schor is currently charged with actively seeking development opportunities for Treeline throughoutthe tri-state area and with expanding Treeline's target markets outside of its traditional areas ofcoverage.

In addition to his acquisitions duties Schor is responsible for the oversight and management ofTreeline's entire legal department. He is also Treasurer of the Men's Division of the Albert EinsteinCollege of Medicine and a member of the Real Estate Board of New York.

STEVEN MARTINEK EQUITY OFFICE

As senior property manager of Equity Office's WorldWide Plaza, Steven Martinek is responsible forall the operations at the 1.5-million-square-foot comprised of several interlocking units, joint venture

partners, commercial condominiums, theaters and public spaces. Headquartered in New York City,the company has approximately 12,000 employees worldwide.

Trained as an architect, Stewart has ten years of corporate real estate experience. The companyboasts contracts with many notable clients, Commerce Bank, The Gale Company, Newmark KnightFrank., Cushman & Wakefield, W & H Properties, Stellar Management, CB Richard Ellis and L&LAcquisitions. Previously, Farrell was president and founder of Oldfield Realty Group, Inc., a full-service realty company based in New York City. Today, more than 120 real estate organizations inthe New York metropolitan area use the IBS property management and accounting system. He wasalso a key member of the CBRE team representing Factiva in its 117,500 s/f lease renewal in SouthBrunswick and represented the ownership of 280 Broadway in a 25,075 s/f transaction, whichbrought Dance Space Center, a pillar of NYC's dance community, to downtown Manhattan.

Searl earned a Bachelor of Arts degree in finance and holds a Master of Arts degree inadministration. At the same location, he completed a 40,000 s/f lease with Barnes & Noble.

In addition, he has arranged 12 transactions over the years with The Winter Organization, the mostrecent of which was a lease with global retail giant, H&M at 111 Fifth Avenue. JD Carlisle isresponsible for acquisitions, development and sales, while MD Carlisle executes the construction.

Stein is currently overseeing the completion of Cielo, a 28-story luxury condominium on 83rd Streetand York, which opens this spring. He also spent almost two years as a legislative assistant onCapitol Hill as part of the House Judiciary Committee, directly responsible to its chairman.

In addition to being involved in (REBNY), Newman is involved with various not-for-profitorganizations that locus on childhood illness and homeless related issues.

He graduated from the University of Massachusetts with a Bachelor of Science in political science in1994.

YOAV OELSNER CUSHMAN & WAKEFIELD

Yoav Oelsner is a senior director of Cushman & Wakefield's New York Capital Markets Group.

He has been involved in some of the most high-profile real estate transactions in recent Manhattanhistory.

His track record of sales for residential condominium conversion include the landmark Plaza Hotelfor $675 million, the New York Gift Building for $125 million and 650 Sixth Avenue for $70 million,which equated to an impressive $700 per square foot.

Oelsner has also managed the sale of several office properties throughout Manhattan. The complextransaction spanned two years, encompassed the efforts of the private and public sectors, and wasbuilt-out for the freshman class in less than ten weeks.

Prior to joining JEMB Realty, Blanco was a portfolio manager/director at the Edward S. In 2005, thecompany named Kleiner as its national agency leasing professional of the year for 2004.

He serves as a member of the team overseeing agency leasing at the 1.6 million-square-footCitigroup Center, 750,000-square-foot 320 Park Avenue, the 326,200-square-foot 711 Fifth Avenueand the 200,000-square-foot 500 Park Avenue. Also, she is Treasurer of 58 ParkCorp. Gale Group is

a Thomson Corporation Company.

. These include deals for design giant Vitra, Bumble and bumble, SoHo House, Wachovia Bank and anew building with a retail store and offices for Theory, among others. The company'saccomplishments during Russo's tenure include the strengthening of its core competencies includingarchitecture, permitting, property management, general contracting, construction management, andsite excavation.

Ed Russo is leading the company's expansion from their traditional northern New Jersey roots tocentral and southern New Jersey in order to broaden its pipeline. After being on the road and livingout of a backpack or suitcase for four years, Marissa decided that it was time to slow down a bit;where else but the fastest paced city in the world.

Having evaluated different cities and opportunities, Marissa joined Mark David & Company inNovember 2004. He began his career working for The Cluen Corporation, a company that providesaffordable recruiting software solutions, primarily dealing with executive search firms, and venturecapital organizations. tradesmen and women representing 30 local unions statewide. Having beensteeped in the vocabulary and culture of real estate since childhood, Andrew and Alexander are fastbecoming major industry players.

Born April 29, 1976 Andrew Silverman serves as chief investment officer for The Andalex Group andis responsible for all of the firm's acquisitions and dispositions as well as the leasing for allproperties within the portfolio.

While completing a B.A. Madison is one of the tri-state area's top brokers specializing in tenantrepresentation of the financial services industry.

Madison was one of CoStar Group's 2005 Power Brokers, and has completed three million squarefeet of transactions nationally in the past four years with over one million square feet in 2005.Nevertheless, he has become very successful and is, without doubt, an integral part of the MigdolOrganization which itself is soon to expand into larger offices due to recent rapid business growth.

RORY MURRAY EQUIS CORPORATION

Rory Murray, a New York assistant transaction manager and new business development specialist atEquis Corporation, a major national real estate services firm, this year made a strong contribution toenable Bayer to complete an 80,000 s/f. Earlier in her career, she worked at HVS International, aprivate hospitality consulting firm, where she conducted hotel appraisals and feasibility studies. Mr."Baseball was just too much of a long shot to justify the risk," he said.

JODI PULICE JRT REALTY GROUP, INC.

Recently, Pulice formed a strategic alliance with Cushman & Wakefield. at 875 Third Avenue. Priorto law school, he worked for KPMG for two years as an auditor and tax associate. He remains anintegral part of one of the nation's leading brokerage groups representing the financial servicesindustry. Schuster exclusively represents retailers Cole Haan, Coldwater Creek, The Gap, BananaRepublic, Old Navy, and Gamestop in Manhattan.

He also serves as the exclusive Manhattan representative for The Regis Corporation (Jean LouisDavid, SuperCuts and Vidal Sassoon), having completed 14 leases for the company and currentlyworking on Vidal Sassoon's New York City roll-out.

Born and raised in Jerusalem, Israel, Schuster moved to the United States at age 12. He graduatedin 2001 from Hofstra University with a BA degree in finance. Upon graduation, Alexander worked forSolow Realty & Development, one of New York City's largest real estate owners and operators,where he was director of asset management.

At Solow, Alexander managed four million square feet of Class A office space in Manhattan and aresidential portfolio comprising more than 1,400 units across New York City.

Alexander sits on the Young Advisory Board of The Mount Sinai Medical Center and has chaired theMt Sinai Crystal Ball for the past several years. Lee Shue is now planning to take her seminar serieson the road while continuing to run her brokerage in midtown Manhattan.

A former sergeant in the NYPD Auxiliary Department, Lee Shue has been a Special Olympicsvolunteer since 1999 and, for several years, has voluntarily given of her services duringThanksgiving and Christmas holidays to aid the not-for-profit, Project Find, also since 1999.

MICHAEL LEFF STUDLEY

Left's most recent achievement is earning the Polo Ralph Lauren business through his new businessdevelopment efforts. Goldsmith is a licensed real estate salesperson in New Jersey. Mr. Becausethere are only about 100 small buildings in the Meatpacking District, Owles' activity accounts for avery large portion of leases done in the area.

Owles is currently marketing 22,000 s/f of space at 446 West 14th Street for developer CharlesBlaichman. The firm's growing portfolio extends into six national markets.

Andrew and Alexander have recently announced the firm's first residential development. Del Ducahas been affiliated with Waiters for more than 10 years and has been an integral part of the teamthat spearheaded the growth of the company. As a result of Mr. He dealt with the rich and famousselling high-end precious stones during college. Spencer Garfield, personally, has originated andunderwritten commercial real estate debt and equity transactions in excess of $5 billion. At the endof 2005, Mitchel offered for sale the top seven floors of the Aurora as full floor luxury loft stylecondominium apartments. He also directs the company's hospitality and commercial propertydivisions.

In 2005, under his leadership, the Westminster Hotel in Livingston, N.J. Levine was inducted into theInternational Who's Who of Professionals Historical Society in 2004. Gesue, 35, is acquisitions anddevelopment director for Time Equities, Inc where he specializes in projects involving adaptive reuseand urban revitalization across the U.S. And it was five months before he closed his first transactionlearning by the "hard knocks" of the business.

Six years later, Liberty Equities employs about 75 people, including ten working out of Rubenbauer'sFlorida operation.

Rubenbauer recruits talented, motivated people, mainly through networking. He also holds a Series7 and 63 license from the NASD. In 2005, he concluded several notable deals, including the leasingof 23,000 square feet to Arden Asset Management at the landmarked 375 Park Avenue, 30,000square feet to GSO Partners at 280 Park Avenue, 16,000 square feet to Lincolnshire CapitalManagement and 10,075 square feet for DeMatteo Monness L.P. Early in his career, Goldmanachieved numerous successes, and was named "Most Promising Sales Person of the Year" by theReal Estate Board of New York just three years after he began his career. As a senior broker, he

often takes responsibility for mentoring those new to the firm.

Goldman holds a B.S. The use of Internet Protocol allows Nortronics to weave together over anetwork disparate capability such as biometrics, behavioral intelligence software, access control andclosed circuit television.

Gonzalez recently spearheaded her company's efforts to be the first in New York City to install two-way talk down access control to New York City doorman buildings. Since joining the firm in 2002from GVA Williams, Hrobsky has creatively built real estate solutions for clients in excess of $2billion in total transaction value.

Hrobsky has arranged many prominent transactions while at Trammell Crow, including thecomplicated three-part lease arranged in 2005 on behalf of FTI Consulting equaling $198 million intransaction value. During her five-year tenure, she participated in $2.2 billion in hotel capitaltransactions. Morgan Securities.

He received his BA degree from Tufts University and was the first foreign student to receive adiploma in Latin American history from the Universidad Autonoma de Madrid in Spain.

ZACH SOLOMON THE SOLOMON ORGANIZATION

Zach Solomon has been involved with his family's real estate business since being a teenager andnow has matured into one of the industries most respected real estate executives.

Solomon has demonstrated a true zeal for real estate ever since high school, when he worked part-time leasing apartments at the Solomon Organization's Chestnut Court property located in Matawan,NJ. He received his law degree, with honors, from Georgetown University Law Center and is amember of the New York City and State Bar Associations.

An avid golfer, he is chairman of the Golf Outing Committee of the Long Island Chapter of IsraelBonds, among other charitable affiliations.

KENNETH SCHUCKMAN SCHUCKMAN REALTY INC.

Kenneth R. May Company and Broadway Management Co.

While sitting in the back of a cab traveling to yet another meeting, she is on the phone with nationaland international clients based in Chicago, Delaware, Florida, Greenwich and the Bahamas.

In just three year, Billet was made the director of Quinn & Co.'s real estate division and executivevice president of the company by the firm's founder and president, Florence Quinn. CapitalInternational, he takes an active role in the production of the NAI DG Hart New York City MarketReport, and was selected last year as a member of the NAI Office Council.

He holds a Bachelor of Arts degree from Siena College in Loudonville, NY and is a Licensed RealEstate Broker in the state of New York. Farrell previously worked at the firm for 14 years where heserved as director of leasing for the Toy Center properties at 200 Fifth Avenue and 1107 Broadwaywhich was home to the children's entertainment industry.

Farrell graduated from Pennsylvania State University and is a member of REBNY. But to Billet, anaccomplished jazz and soul singer, location was living in New York City, the center of music, style

and vibe.

Fresh from the corridors of international politics, Billet quickly rose to become the "It Girl" of realestate buzz and the "go-to" executive to get ink for some of the city's most prominent and powerfulreal estate firms.

Today, her Treo processes emails from New York's preeminent real estate firms, including ExtellDevelopment Co., Sonnenblick-Goldman, Starwood Capital Group, Trammell Crow Company,Gladstein Development Group, JD Carlisle Development Corp., The Marketing Directors, ArcDevelopment, The Corcoran Group, DJK Residential, Gruzen Samton Architects, Cotton Bay Estates& Villas LTD, Starwood Hotels, Leading Real Estate Companies of the World, Odyssey Development,William B. Hrobsky, 34, vice president at Trammell Crow Company, is a leader and mentor amonghis 12-person team of transaction management professionals in the firm's New York regional office.

Hrobsky provides real estate advisory services to clients on the local, national and internationallevels. Levine is also president of Spandrel Property Services, Inc., RAL Companies' full serviceconsulting, property management and brokerage company.

As part of his responsibilities with Spandrel, Levine oversees all aspects of new project assetmanagement for RAL. Stone started working at Hart Mountain Industries in 1983 on a high schoolwork-study program, where she worked as a file clerk in the legal department.

The following year, Stone was promoted to legal assistant, the promotion was her first, but certainlynot her last. Building upon his legal background, he has earned a reputation as an expert negotiatorand tenant representative.

Over the course of his career, Mongeluzo has completed more than 250 tenant representationassignments, totaling over two million square feet.

In 2003, Mongeluzo and his team were awarded REBNY's Most Creative Retail Deal of the Year forthe 120,000 RSF Home Depot store, acquired from Hasbro at 28 and 40 West 23rd Street. receivedthe elite AAA Four Diamond status, an honor received by only 3% of the of the more than 31,000properties approved by AAA. Some of these transactions included the lease-up of The CandlerBuilding at 220 West 42nd Street, where Mongeluzo completed approximately 20 transactionstotaling over 150,000 s/f, the negotiation of a 43,000 s/f long-term renewal and expansion at 498Seventh Avenue for Modell's, and the subleasing of 120,000 r/s/f on behalf of O'Melveny & MyersLLP at 30 Rockefeller Plaza in eight separate transactions.

Mongeluzo is the exclusive representative for Live Nation, a spin-off of Clear Channel Worldwide.

He has completed transactions for Citibank N.A., Premiere Radio Networks, Gotham and HamptonsMagazines, Marquis Jet Partners Rubbermaid, SFX Entertainment, Sonesta International Hotels.2005 was a defining year for Zach as he was highly instrumental in laying the groundwork for therecent 12-community acquisition in Albany, NY. After graduating, Rosen continued to advance hisprofessional skills by studying abroad in Italy, completing a year of law school and working as theoperations manager of an international liquor packaging supplier. In addition, he oversees themanagement of trading and investment banking partnerships. He holds a B.S. Throughout hiscollege career, Zach remained heavily involved with the Solomon Organization by working duringhis winter and spring recesses and throughout the summers. An active community member, hecoaches youth baseball and basketball. He is an active member of the Central Park Conservancy andthe Association for the Prevention of Cruelty to Animals and an avid supporter of the Mount Sinai

Medical Center and the Fresh Air Fund.

Born April 30, 1978, Alexander Silverman serves as chief operating officer for The Andalex Groupand spearheads all of The Andalex Group's development efforts, including construction managementand oversight of new development and capital improvement projects with the firm's portfolio.Included in his diverse array of clients is Outback Steakhouse, which he assisted in the leasing of itsfirst two Manhattan locations. Gordon joined the firm to further expand the firm's tenantrepresentation practice with a focus on private equity firms, hedge funds, and holding companies.For most commercial properties, the ongoing management of security systems is costly,overwhelming and vulnerable to lapses. He has also authored several published articles aboutmezzanine financing.

Clients include Walton Street, CPC, Advance Realty, Miles Properties, and Acadia Strategic Fund.

In 2005, Rosenthal closed 11 transactions totaling approximately $400 million. GESUE TIMEEQUITIES

Phillip A. Farrell and his wife have four children.

SVETLIN GANCHEV SONNENBLICK-GOLDMAN

Svetlin Ganchev, 29, vice president of Sonnenblick-Goldman, LLC and a member of the firm'sInternational Lodging & Leisure Group, had a banner 2005. I treat them like family members (andmy uncle and mother work at Liberty Equities too). There, he is heavily involved in tax planning anddeal structuring, including 1031 exchanges and cost segregation studies on real estate projects withvalues from $1 million upwards of $400 million. Gohari has been responsible for all commercial andretail leasing for the company and has driven occupancy rates high above industry standards.

Gohari focuses on commercial real estate, the core of The Moinian Group's portfolio, and hasfacilitated major transactions and capital improvement projects throughout the portfolio.

During Gohari's tenure, The Moinian Group has grown to be one of the largest private owners ofcommercial office properties in Manhattan, with ownership interests in over 50 buildings comprisingover 20 million square feet, including a national presence as an owner of the Sears Tower inChicago.

Gohari has consummated deals with tenants including Dreyfus Bank, JP Morgan Chase, ColumbiaUniversity, Newsweek, Duane Reade, Comedy Central, Washington Mutual Bank, Bank of America,the Institute of Culinary Education, and many others.

Gohari received a Bachelor of Science degree from New York University in 2001 and recentlycompleted a by-invitation executive Strategic Negotiations course at Harvard Business School.

BRIAN GOLDMAN NEWMARK KNIGHT FRANK

Having entered the real estate industry in 1995, Brian Goldman was quickly recognized in thebrokerage community as a highly skilled representative. Dept. He is also an active participant inSwim Across America and is a certified professional ski instructor in New York State.

STEPHANIE CUBA AVALON BAY COMMUNITIES

Formerly a practicing attorney, Cuba recently joined Avalon Bay Communities, Inc. Seven membersof the staff are friends since boyhood."

Countrywide Home Loan in 2004 cited Liberty Equities for "good loan production and performance";during '03 Washington Mutual named Liberty one of its top brokers in the industry, for theNortheast Region; Greenpoint Mortgage named Liberty for its "outstanding business results" and for"high performance in fourth quarter of 2003"; also, the Chase "broker quality award" in 2002.

EDWARD RUSSO RUSSO DEVELOPMENT

Ed Russo graduated Summa Cum Laude from Lafayette College with a bachelor's degree ineconomics and business in May 1999. With high-end, unique space and unobstructed views of mid-town, both centers are being marketed to their fullest potential in this effort. Since joining the firmin 2000, he has become one of its most promising and active brokers, and was its highest-producingassociate nationally in 2002 and director in 2005.

A tenant representation specialist with a legal background, Bauer offers unique perspectives andbenefits to his clients, which include leading financial services firms, apparel, communications andmedia companies.

He has also acted as a leasing agent for premier buildings and has represented some of Manhattan'sleading owners, including Park Avenue Tower, a 568,000 s/f class A office building owned by EquityOffice Properties; 875 Third Ave., a 720,000 s/f office building owned by Eastgate Realty; 888Seventh Ave., an 870,000 s/f office building owned by Vornado Realty Trust; and 440 Ninth Ave., 750Third Ave. ACKERSON CB RICHARD ELLIS

Responsible for more than 275,000 s/f in lease transactions in 2005 alone, James C. subsidiary--which operates an 80,000sf platform of executive suite space in two of the REIT's portfoliobuildings: 440 Ninth Avenue and 28 West 44th Street. Madison holds an MBA from SuffolkUniversity and a BA from Manhattan College.

MITCHEL MAIDMAN TOWNHOUSE MANAGEMENT

Mitchel A. Prior to joining Equis, Armstrong was director of leasing for Helmsley Spear Inc.,managing over 2 million rentable s/f.

Armstrong holds a B.A. Stone is only the third woman in the history of Hartz Mountain Industries tohold such a position.

Some notable highlights from 2005 for Deborah was the successful signing of the firstMarshalls/HomeGoods combo store in New Jersey to Harmon Meadow in Secaucus, NJ, as well asbeing responsible for leasing nearly 500,000 s/f of retail space and over 700,000 s/f collectively, forthe past two years.

For 2006, Stone will focus her energy on the leasing of Hartz Mountain's newest venture, the onemillion square feet development, Edison Towne Square, located in Edison, NJ, as well as continuingto be a vital voice in the marketing and positioning of the Hartz Mountain portfolio.

JENNIFER STEWART BEAR STERNS & CO. His driving work ethic and dedication have beencredited to the successful turn-around of the Solomon's Pennsylvania portofolio, which has producedsome of the most sought-out and desirable communities in eastern Pennsylvania.

MARIA ROSENFELD THE MOINIAN GROUP

Rosenfeld, vice president, project management, is responsible for all phases of development,including public reviews, project financing, design development and project administration duringconstruction. in December 2004. Levine has also recently grown Spandrel's management andbrokerage purview to include third-party retail assignments, including Pennsylvania and severallocations in the borough of Queens.

Levine is a graduate of Babson College with a B.S. He has completed over 2.6 million square feet oflease transactions and has negotiated an equally substantive amount of commercial sales in Fairfieldand Westchester Counties. Through his efforts, Studley was retained to provide the fashion companywith a large-scale strategic real estate plan which has been developed by the team that includesLeft, Studley Chairman Mitchell Steir, David Goldstein and Matthew Barlow and is currently beingexecuted.

The most recent significant deal of note for Polo was the 15-year, 234,000 s/f transaction at 625Madison Avenue on the prestigious stretch of the renowned street known as "The Golden Mile." Poloconsolidated several of its divisions that were located throughout the city into its new space, whichcomprises approximately one-third of the former Revlon Building. helping to more than double thefirm's user base. Consequently, the team represented the bank in the disposition of 25,000 s/f ofspace at 590 Madison Avenue, its previous NY headquarters location. His ambition appealed toexecutives at Citywide Security, and he was soon hired as a night manager at the Twin Towers,before beginning his ascent through the ranks at Alliance.

Under the leadership of Rodriguez and Green, Alliance Building Services has grown over 30 percentannually and has emerged as leader in New York's building services industry. and the Urban LandInstitute. Waiters made a very significant and risky investment to bring this project to development.of Labor, Blockbuster Video, Ford Motor Company, Commerce Bank, Culinary Academy of NY, AlliedBuilding Products and Edison Price Lighting.

COPYRIGHT 2006 Hagedorn Publication

No portion of this article can be reproduced without the express written permission from thecopyright holder.

Copyright 2006, Gale Group. The team is skilled at dealing with financing, and building code andconstruction-related challenges that can arise when schools or not-for-profits evaluate their realestate leasing and development alternatives in the marketplace.

Newman joined Studley in 2001 and has since become one of the principal partners on the teamwhich focuses on the real estate needs of not-for-profits and universities. He was hired as a full-timeteam member just three months later. Last year, Suzanne helped grow the real estate group awhopping 80 percent.

Developing creative initiatives and an in-depth understanding of the real estate press are Billet'sspecialties. Mr. in accounting from St. In addition, Kaplan is representing Morristown, N.J.-basedDornoch Holdings LLC in its redevelopment of a number of under-utilized sites in Rahway, N.J.'sTransit Village and other key areas of New Jersey.

Kaplan earned his J.D. With over $60 million of new development projects planned for this year,Russo Development is well positioned for another outstanding year in 2006.

MICHAEL SCHOR THE TREELINE COMPANIES

In his role as executive vice president of the Treeline Companies, Schor is responsible for propertyacquisitions and dispositions and for managing the firm's relationships with lenders, institutionalpartners and investors.

He has overseen numerous Treeline acquisitions, including 100, 200, 300 and 400 Garden City Plazaon Long Island, along with 180 Livingston Street and 29 Gallatin Place in Brooklyn.

During 2005, he lead the Treeline team in its disposition of 2 and 4 Gannett Drive along WestchesterCounty's "Platinum Mile," which fetched a record sale price of $200 per square foot. In 1996, he co-founded a team that specialized in providing real estate advisory services to both start-up andestablished financial firms. Simultaneously, Libner has partnered with one of its 440 Ninth tenantsto offer on-site editing and equipment to its space users.

ANTHONY S. Gordon is an active member of REBNY and sits on its Plaza District Office Committee.Among his deal making activities, is Cold Stone Creamery's flagship store along 42nd Street nearTimes Square. In the first two years, he is averaging more than a deal a month, completing a total ofover 40 deals.

Prior to joining Adams & Co., Buslik worked in the Long Island commercial real estate market atInsignia/ESG (now CBRE).

Although highly focused on his customers, Buslik still finds time to volunteer with numerous not-fo--profit agencies as well, including the Sid Jacobson Jewish Community Center; The Urbandoveprogram for at-risk youth; The Boys & Girls Club and The New York City Rescue Mission. She serveson the Board of Directors and is the membership committee co-chair for NYCREW Network (NewYork Commercial Real Estate Women) and is an active member of the American Institute ofArchitects (AIA), Association of Real Estate Women (AREW), and the Urban Land Institute (ULI).During her short tenure, Weins has completed close to $3.4 million in transaction value.

A graduate of Marymount Manhattan College, Weins holds a Bachelor of Arts in communicationswith a minor in musical theatre and emphasis on women's, studies.

A REBNY member, Weins proudly volunteers with 100 Women in Hedge Funds, an organizationaiming to help the advancement of professional women within various industries, the RonaldMcDonald House, and Children with Cancer.

FRANKLIN S. His client roster includes such notable firms as JP Morgan Chase, Providence Equity,Dreyfus, Lehman Brothers, Mizuho Corporate Bank, The Carlyle Group, Morgan Keegan, MooreCapital Management and Peter J. in economics form the University of Pennsylvania, Andrew beganhis professional career on the trading floor of Credit Lyonnais. He has been overseeing the firm'sbusiness growth since he joined the organization in 1992. Then, as a loan officer for NatWest, shecompleted the Bank's executive credit program.

Ortiz also worked as a credit analyst reporting to the chief credit officer of M&T Bank. Mostrecently, he completed the sale of 350 Broadway, 90 William St. Cuba is currently heading up theteam for Avalon's largest transaction to date, Avalon on the Sound East, a $180 million, 588-unithigh rise which recently commenced construction in New Rochelle, New York. and she co-chairs anannual luncheon for the Museum of the City of NY. She co-manages the day-to-day operations of theCorporate Real Estate and Facilities group at Bear Stearns which leases and develops the firm's

office space both domestically and internationally. Gohari served as co-project manager for thecompany's first ground-up construction project, Marc, which stands 52 stories high. With suchrecent successful projects as Morton Square, 600 Washington, Kips Bay Plaza, The Pennmark andNYU Cancer Center, Stein keeps busy.

One of Stein's proudest achievements was his first deal, which included the assemblage, leasing andconstruction of the 45,000 s/f flagship Crate & Barrel store in the Cable Building, a building ownedby JD Carlisle.

Stein, a Stamford, Conn., native who holds Bachelor of Science degree in accounting from TulaneUniversity, joined MD Carlisle upon graduation in 1994.

DEBORAH A. In addition, he is involved with The Q Foundation, a philanthropic organization thatpromotes literacy for at-risk youth.

GEOFFREY NEWMAN STUDLEY

Newman was part of the Studley team, which represented New School University in its 194,300 s/flease at 79 Fifth Avenue, where the school will expand its offices and classrooms. Prior to this, sheserved as a vice president of Sonnenblick-Goldman Company, a real estate investment banking firmwhere she specialized in marketing, structuring and closings. Previously, he was based in Frankfurt,Germany, acting on behalf of American, British, Australian and other global corporations with realestate holdings or requirements in Germany.

Tanzmann graduated from the Royal Melbourne Institute of Technology as an appraiser in Australia.

BENJAMIN TAPPER EASTERN CONSOLIDATED

Ben Tapper, along with R. In addition, he holds a Juris Doctorate from New York University School ofLaw.

MARISSA BERLAND MARK DAVID & COMPANY

Marissa Berland, world traveler, produces world class results in New York City real estate. "Hecontinually impresses clients and capital sources with his aptitude and affability."

ABRAHAM J. Hernandez, 26, is the youngest vice president at Sonnenblick-Goldman, LLC. Hisclientele reads like a "Who's Who" in Long Island and New York City real estate.

Upon graduating from Villanova University with a Bachelor of Science in accounting (he also holds aMasters in taxation from Hofstra University), O'Sullivan started as a general tax accountant withHowe, Riley & Riley (Manchester, NH). Sept. Studley, Inc. Lee Shue has been published is severalbusiness and community news titles and appeared on New York 1 Television (NY1) to advise boardmembers what action they should take to prepare their buildings for Y2K. degree in Communicationfrom Fairfield University and membership in the New York Board of Realtors.

BRAD NEEDLEMAN CB RICHARD ELLIS

In 2005, Needleman was a key member of the CBRE team which represented HSH Nordbank AG,one of Northern Germany's largest and most prestigious banks, in its 57,000 s/f headquarters leaseat 230 Park Avenue. Townhouse currently manages and owns more than 70 residential buildings in

Manhattan and more than 25 garages.

In 2003, Maidman led Townhouse's construction of the Aurora, a 32-story mixed-use luxuryapartment building on 37th and Third Ave., representing the first ground-up corporate housingdevelopment for Marriott/Execustay. He is a member of the International Council of ShoppingCenters and the Real Estate Board of New York.

JAMES SEARL CB RICHARD ELLIS

After a very successful, 20-year career in the financial services sector, Searl brought his talents tothe commercial real estate industry when he joined CB Richard Ellis in 1999. Horowitz received hisbachelor's from Lehigh University.

DIRK HROBSKY TRAMMELL CROW COMPANY

Dirk W. Post graduation, he decided to lean on his connections in the jewelry trade and deal withNew York City Real Estate. As the national account manager for IntelliRisk, Weins was responsiblefor the acquisitions of over 100,000 s/f of call-center spaces for the firm.

Other significant tenants represented by Weins during her tenure at the firm include the dispositionof Trammell Crow's former office space in 2003, the disposition of Kastle Systems' office lease, andthe 16,000 s/f acquisition of office space for Opera Solutions. Efforts at 65 West included installationof a new lobby, elevators, roof, rooftop garden, electric service, interior renovations and completeretenanting of the building. John's University where he graduated with high honors. and was annamed among Diversity.com's Top Diversity-Owned Businesses.

Pulice established JRT Realty Group, Inc. Inc., a leading investment banking and securities tradingand brokerage firm.

With approximately $57.6 billion in total capital, Bear Steams serves governments, corporations,institutions and individuals worldwide. from the University of Pennsylvania in 1994 and graduatedcum laude from the Benjamin N. At CT/ VCG, Mr. Dressel's leadership, the council's top prioritiesrange from providing joint OSHA training to advocating drug- and alcohol-free worksites.

For more than nine years, Dressel has been overseeing Local 164's business-related activities.Mathias also oversees the firm's acquisitions/ dispositions and its joint venture program.

Prior to joining SLG, Mathias worked at Capital Trust (NYSE:CT)/ Victor Capital Group ("CT/ VCG")in New York. Mathias additionally worked on the High Yield/Restructuring Desk at Bear Steams &Co.

Mathias received a Bachelor of Science in economics from the Wharton School at the University ofPennsylvania.

JUDD McARTHUR CRESA PARTNERS

Judd McArthur joined CRESA Partners in March 2004 and specializes in servicing clients located inFairfield County, CT. Dedication, focus, and endurance were required when she served as a personalfitness trainer for soldiers in the Israeli army. Developments completed under his leadership includesome of northern New Jersey's most notable industrial projects. He also handled the building's $40million improvement plans, which led to the prominent Downtown deal, Millennium High School

(MHS).

The 100,000 s/f MHS deal--the first of its kind-placed a school in a Downtown office building. He hasextensive experience in all facets of the industry, including tenant representation, investment sales,leasing agencies, site selection, feasibility studies and relocation studies.

Throughout his career, Tanzmann has represented a range of multinational companies, includingforeign and domestic financial services firms, government agencies and non-profit groups.

In 1997, Tanzmann was involved in the largest leasing deal in New York City, representing thebuilding owner of 55 Water St., in negotiating the McGraw-Hill (Standard & Poors) tenancy of937,000 square feet. By focusing on innovative design (including environmental sustainability) andchanging demographic trends, Mr. He is responsible for business development activities for thefirm's Commercial Real Estate Division and oversees daily operations involving the company'scutting, enhancement and organics applications crews. in meeting the real estate needs of Fortune500 clients such as GlaxoSmithKline, Citibank/Travelers, and Labcorp (Laboratory Corporation ofAmerica).

Murray has worked with both New York clients and national corporate accounts on transactionsexceeding 1,000,000 s/f achieving annual savings over $2 million on a 72,000s/f headquartersrenewal and other projects. Over the term of his career, he has had comprehensive responsibility formanaging portfolios across the Tri-state area totaling more than 50 million square feet.

He has also chaired BOMA International's Emergency Preparedness Task Force and served asPresident of BOMA International's Middle Atlantic Conference, a regional Association encompassing15 locals from Boston to Washington, DC, and served on the Executive Committee of BOMAInternational as well.

One of the most eloquent voices speaking for the industry following 9/11, Lifrieri, along withBOMA/NY Secretary Edward M. In addition to the new locations, OnSite.com has offices in NewYork, Chicago, San Francisco, Los Angeles, Phoenix, Portland, San Diego and Seattle. These projectsincluded Atlantic Center, The Shops at Northern Boulevard and The Shops at Bruckner Boulevard.

Gelber holds a Bachelor of Sciences in Business from Syracuse University School of Management. inconstruction management from Pratt Institute and a B.A. A graduate of Cornell University's Schoolof Hotel Administration, Bali is currently serving in her fourth term as a board member of New YorkCommercial Real Estate Women (NYCREW).

STEVEN BAUER CUSHMAN & WAKEFIELD

Steven Bauer is a senior director at Cushman & Wakefield. el Duca is responsible for all of thecompany's legal activities relating to land use, public/private partnerships, approvals, andenvironmental matters. Since joining the firm in 2001, he has represented numerous companies on alocal and national level, including College Sports Television, The Vitamin Shoppe, Kroll Inc., JPMorgan Chase, Peckar & Abramson PC, Japan Airlines, Empire Office, Inc., Millennium Partners,Ladenburg Thalmann, Inc. Rosenfeld's recent completed projects include Marc, 260 W. He recentlyswitched his career to real estate brokerage following a two-decade career as aproducer/artist/songwriter in the music business having collaborated with such celebrated artists asMadonna, Chaka Kahn, Phil Collins and his own group, The System. Prior to joining Tuckerman,Cuba spent three years as a real estate attorney at Paul, Hastings, Janofsky & Walker where sherepresented clients in all aspects of real estate law including acquisitions, development, lending and

leasing.

She is a member of NYCREW Network, Inc. At Tuckerman, she was responsible for originating andunderwriting new transactions for the firm's investment strategies as well as asset management ofthe firm's existing portfolio. The company is on the cutting edge of all property management andleasing services. (PPD), and an 80,000 s/f office space expansion at Two Penn Plaza in New York forMadison Square Garden. Banco Popular, Marble Collegiate Church, Sterling National Bank and TheNew York Public Library (Science, Industry and Business Library) have all hosted her real estateseries. Since its inception, LIREG has raised tens of thousands of dollars for charity-based realestate projects including those for the Ronald McDonald House of Long Island and the Hospice CareNetwork.

O'Sullivan was most recently recognized in Long Island Business News, being named among the"Top Five to Watch in Commercial Real Estate."

MARK K. Kleiner is a licensed real estate salesperson in New York, and a member of the Real EstateBoard of New York.

ADAM KUSINITZ JONES LANG LASALLE

Adam Kusinitz is a project manager with Jones Lang LaSalle's New York office, providing project anddevelopment services to company clients. Dodgers and Kansas City Royals major baseball teams. Heis a member of Arbor's DUS Loan Committee and Arbor's Executive Committee. She was namedexclusive leasing agent of the United Nations Federal Credit Union's newly built Court Square Placein Long Island City, N.Y