Mr. Feldman is our Chairman and Chief Executive Officer. From 1999 to 2004, he served as Chairman and Chief Executive Officer of Feldman Equities. From 1997 until 1998, he served as Chairman of the Board and Chief Executive Officer of Tower Realty Trust, a publicly traded REIT (NYSE: "TOW"). From 1990 until 1997, Mr. Feldman served as President and Chief Executive Officer of Feldman Equities, Inc. where he was employed since 1985. Mr. Feldman is also the founder and former Chairman of the Midtown West Association of New York City and a member of the International Council of Shopping Centers and National Association of Real Estate Investment Trusts. Mr. Feldman is also currently the Chairman of the Buildings & Grounds Committee and a member of the Board of Trustees of East Woods School in Oyster Bay Cove, New York. Mr. Feldman graduated from Windham College in 1976 with a Bachelor of Science degree in Economics.

Mr. Feldman, together with his father, Ed Feldman, has been directly responsible for the management, development or acquisition of over 10 million square feet of real estate with an aggregate value of over $2 billion dollars during a career spanning 25 years in the commercial real estate business. Mr. Feldman's primary focus over his career has been on the acquisition and redevelopment of turnaround real estate.

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