Pearl River, NY (November 2000): Katz & Associates, a rapidly growing national retail real estate firm, has been named the exclusive leasing agent for two Manhattan properties:

• Post Rose Hill Development at the corner of 23rd Street and First Avenue
  
• 54 Corporation at 54 West 14th Street (between 5th and
  6th Avenues).

According to Daniel B. Katz, President and CEO, Katz & Associates is handling leasing for Post Rose Hill Development's 17,000+ square feet of retail space. The property, currently being built, will be the street level retail space below a one hundred unit-luxury apartment building with a strong population base in Stuyvesant Town. Neighboring retail space includes such tenants as Lechters, Footlocker, Citibank, CVS, Dunkin Donuts, Burger King, Rite Aid, Chase Bank, among others.

Katz & Associates also has an exclusive agreement to represent 54 Corporation for its 4,500+ square feet of retail space at 54 West 14th Street. Space includes 2,100 square feet on the street level, 960 square on the mezzanine level, and 1,900 square feet on the basement level. Space is currently vacant with the exception of a K·B Express store that is temporary occupying space until the end of the year. The space is adjacent to the new Vinocur Furniture showroom. Other tenants in the neighborhood include Urban Outfitters (opening soon), Party City, and New York Sports.

"With space at a premium in New York City, we are thrilled to be able to offer our clients key Manhattan locations. Our national expertise in the retail market brings a new approach to filling retail space," notes Katz.

Katz & Associates Corporation is the largest and most widely recognized retail real estate organization of its kind. The firm serves leading national retailers in providing representation in shopping malls, strip centers, and city streets. Some of Katz' major national clients include Linens 'N Things, KB Toys, Bob's Stores, Galyan's Trading Company, AfterHours by Mitchell's and Rave Girl.

The company's services also include strategic consulting, portfolio evaluation, comprehensive mall leasing and repositioning programs, making the company a complete retail real estate source. In addition its Pearl River, New York corporate headquarters, Katz & Associates houses regional offices in California, Florida, Illinois, Washington, Manhattan as well as other prime locations.