Two New Real Estate Transactions

Long Island, NY, March 15, 2003 -- Tom Scinto of Greiner-Maltz closed two deals and brings two new companies to Long Island.

The 1st transaction was the sale of 95 Fourth Street, New Hyde Park, New York, a 7,000 sq. ft. industrial building, to United Medical Communications Corp., whose business is expanding.

The 2nd transaction was the leasing of a 14,500 sq. ft.warehouse located at 55 Motor Avenue, Farmingdale, New York to AIT Worldwide Logistics, a freight forwarding company from Jamaica, Queens. This is an additional facility for their Long Island logistics business.

Please contact Tom Scinto, (516)364-1000, ext. 130 if you have any questions or need additional information.

About Greiner-Maltz
Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial, commercial, and investment property in Manhattan, Brooklyn, Queens, Long Island, New Jersey, Westchester, and Connecticut. The firms five offices are actively managed by Principals: John Maltz and Sharone Levy in Brooklyn and Queens; Swain Weiner, metro area investments; Tom Attivissimo in Long Island, Raymond Musalo in New Jersey, and Ayall Schanzer in Westchester.