Reckson reports strong leasing at Platinum Mile portfolio.

Reckson Associates Realty Corp. (NYSE: RA) has announced that leases in excess of 44,450 s/f have been successfully executed at the company's newly acquired portfolio now known as, Reckson Platinum Mile, where a multi-million dollar capital improvement project will be announced on June 13.

Reckson launched its rebranding initiative of the portfolio to reflect both its ownership and the alignment that the Reckson Platinum Mile will have with the superior level of quality and services for which Reckson is known.

Commenting on the rebranding approach, Salvatore Campofranco, Reckson EVP and Chief Operating Officer, said, "We are communicating a benchmark of excellence for our tenants and the community with best of class properties, amenities and service provided to our tenants. We simplified the portfolio's name to the bold, stand-alone, 'RECKSON', in order to demonstrate this legacy of quality our brand conveys."

The recent activity at Reckson Platinum Mile, which includes several long-term renewals and expansions, underscores tenant excitement at Reckson's ownership and validates the Company's market position as Westchester's "Landlord of Choice".

Reckson Platinum Mile transaction highlights include: IKON Office Solutions, the document processing industry leader, has relocated its Westchester offices to Reckson Platinum Mile from Tarrytown. The company signed a long-term lease for 5,136 sf at 701 Westchester Avenue. IKON is the world's largest independent distributor of document imaging services, digital printing solutions and management of a myriad of other office applications. IKON ranked 469 on Fortune Magazine's Top 500 Companies of 2005.

Maureen O' Boyle of Cushman & Wakefield brokered the lease agreement.

W. J. Deutsch & Sons, wine importers since 1981, have expanded their premises at 108 Westchester Avenue an additional 2,959 sf. Deutsch's offices now total 17,865 sf at the park. Deutsch is a family-run business in its second generation and is dedicated to selecting the finest wines from the best international vintners and marketing them to American consumers and the trade.

Grant McCarthy Group, LLC has renewed and expanded its premises at 777 Westchester Avenue. The law firm renewed for 4,885 sf on the second floor and expanded its workspace an additional 2,699 sf by leasing a suite on the first floor at the property.

Investment manager, Seavest, Inc. is renewing its lease at 707 Westchester Avenue for 5,961 sf and expanding into a further 1,895 sf in the same building.

The law firm, Bartels & Feureisen, LLP, has also renewed its workplace at 925 Westchester Avenue. The partnership maintains 2,285 sf offices at the park.