Uniondale, NY – March 29, 2007 – RexCorp Realty LLC (“RexCorp”), today announced strong leasing velocity covering 86,180 square feet in its trophy Long Island office portfolio as prominent corporate tenants continue to seek out the quality, superior management and service with which RexCorp is synonymous.

Along with seven new prestigious corporate tenants added to the rosters of RexCorp’s enviable Long Island office properties, highly regarded financial institution, Washington Mutual has renewed its commitment at Long Island’s most desirable office address, RexCorp Plaza in Uniondale.

Also at RexCorp Plaza, leading corporate jet charter company, Air Charter Service Inc., has joined the tenant roster. John LaRuffa of NAI Long Island represented the tenant.

6800 Jericho Turnpike (North Shore Atrium) welcomes three new tenants, Next Level Media Group, LLC, a video production company, Cyber Trading University, Inc, the world’s leader of training and education for market traders and, Churchill Technology Finance, LLC, a Credit Suisse partnership and boutique technology equipment leasing organization. Chip Entwissle of Sutton & Edwards, Inc. represented tenant, Next Level Media Group.

Leading container specialist, Triumph Container, Inc., signed a new lease at 35 Pinelawn Road.

Industry leader in the design, manufacture, service, and installation of telecommunications systems, NEC Unified Solutions, Inc has signed a new lease at 395 North Service Road in Melville. John LaRuffa of NAI Long Island represented the tenant.

At another RexCorp Melville property, 68 South Service Road, the nation's leading professional employer organization, Adminstaff Client Services LP has joined the tenant roster. Vince Tuminelli of Trammel Crow Company represented Administaff.

“RexCorp prides itself on its reputation as ‘Landlord of Choice’ and corporations are quick to recognize the difference in quality, service and management inherent in our Class A properties in Long Island,” comments Ken Bauer, Senior Vice President and Director, Long Island Division. “Our current buoyant leasing activity serves as continued acknowledgement of the Company’s appeal and ability to provide the amenities and services required by a welcome diversity of tenants.”

About RexCorp

RexCorp Realty LLC (“RexCorp”) is the newly created, fully integrated private real estate company, formed by former key members of Reckson Associates Realty Corp’s senior management team. RexCorp has an experienced, cohesive, and industry- recognized management team that has an average of 20+ years of real estate experience and a high degree of expertise in operating, developing and investing. RexCorp has approximately $3 billion in assets under management, including 11 million square feet in 70 properties, and is one of the largest office landlords in the New York Tri-State area. For more information, visit the RexCorp website at www.rexcorprealty.com.