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Contact: Nick Derasmo (212.841.7505)
 
SONNENBLICK-GOLDMAN COMPANY ADVISES PURCHASER OF TWO LINCOLN SQUARE IN NEW YORK, NEW YORK
 
Sunday, April 04, 2004 - New York, NY - Sonnenblick-Goldman Company has provided acquisition advisory services to Property Reserve, Inc. in connection with its recent purchase of the leasehold interest in Two Lincoln Square, a 296-unit luxury apartment building with two ground-level retail stores and an 80-space parking garage. The property is located on the southeast corner of Columbus Avenue and West 66th Street, across Columbus Avenue and Broadway from Lincoln Center and adjacent to the new Manhattan temple of The Church of Jesus Christ of Latter-day Saints. Property Reserve, Inc., the owner of the fee position beneath the apartment building, is an affiliate of The Church of Jesus Christ of Latter-day Saints.
 
 

Sonnenblick-Goldman, LLC is the industry’s leading independent real estate investment banking firm. Founded in 1893 to serve the financing needs of the real estate industry, Sonnenblick-Goldman, LLC provides a full range of financial services, including debt and equity placements, joint ventures, investment sales and advisory services. Headquartered in New York, Sonnenblick-Goldman maintains offices in San Francisco, Boston, Hong Kong, Shanghai, Sydney and Tokyo. Further information can be found at Sonnenblick-Goldman, LLC’s website at www.cushwake.com/sonngold.



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