ADVISORY/Groundbreaking of NYC's Newest Beachfront Community Thursday, July 11 at 11:00 a.m.

Business/Real Estate Editors

ADVISORY...for Thursday (July 11)

Rockaways to Become Home to 117-Acres of New Neighborhoods and

Community Amenities At Arverne-by-the-Sea

Hosted by New York City

Department of Housing Preservation and Development, and

Benjamin-Beechwood LLC 

    WHO: The New York City Department of Housing Preservation and
        Development, in partnership with Benjamin-Beechwood LLC is
        hosting the groundbreaking. Alvin Benjamin, of Benjamin
        Development, and Leslie A. Lerner of Beechwood will join
        Jerilyn Perine, Commissioner, NYC Department of Housing
        Preservation and Development.

    WHAT: Arverne-by-the-Sea, the city's newest oceanfront community,
        will be developed in several phases, and will culminate in a
        mix of over 2,300 residential units, 200,000 square feet of
        retail space, a new school, a community center, and parks and
        green space. The groundbreaking marks the first phase of the
        development.

    WHEN: Thursday, July 11 at 11:00 a.m.

    WHERE: Take the Belt Parkway to Cross Bay Blvd. South. Cross over
        the Cross Bay Bridge into Rockaway. Follow signs to Shore
        Front Parkway. Make a left on Shore Front Parkway, and take
        that to Beach 73rd Street. The entrance is on the corner.