White Plains, NY – February 26, 2007 – RexCorp Realty LLC (“RexCorp”), owner and operator of the 1.6 million square foot Class A Platinum Mile office portfolio has announced that Henry Schein, Inc. (“Schein”) (Nasdaq: HSIC), the largest distributor of healthcare products in both the US and Europe, has signed a long-term, 20,427 square foot lease at the Company’s trophy Westchester office park.

The Platinum Mile portfolio, recently acquired by RexCorp, founded by former members of Reckson’s executive management team following the recent Reckson Associates/SL Green merger, is undergoing an extensive repositioning program. The major capital improvement program, coupled with the excellence of RexCorp property management, are resulting in increased interest in the properties among both new and existing tenants. The Schein transaction is exemplary of the quality of tenant the property is drawing. The repositioning program is widely considered to be one of the largest in the history of Westchester’s office market. When complete, the office park’s multi-million dollar transformation will add to the full tenant amenity package with an extensive lobby and entry redesign and landscape upgrade which will enhance the prominence of the properties and enrich the surroundings into unique outdoor people spaces.

“We’re delighted that Henry Schein, Inc. has selected Platinum Mile for its Westchester office location and we welcome the firm to our roster of prestigious corporate tenants,” commented Joseph Caruso, RexCorp’s Senior Vice President of Leasing. “With its terrific location, superlative amenities and high-end buildings, Platinum Mile represents a winning proposition that we are confident Henry Schein, Inc. recognized when selecting Class A office space for its Westchester staff. We look forward to sharing with this newest, valued tenant the “service-first” culture for which our team has been renowned as Westchester’s “landlord of choice”.”


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.

About Henry Schein

Henry Schein, a Fortune 500(R) company, is recognized for its excellent customer service and highly competitive prices. The Company's four business groups - Dental, Medical, International and Technology - serve more than 500,000 customers worldwide, including dental practices and laboratories, physician practices and veterinary clinics, as well as government and other institutions. The Company provides customers in more than 200 countries with a comprehensive selection of more than 70,000 national and Henry Schein private-brand products in stock, as well as over 100,000 additional products available to our customers as special order items.

Henry Schein employs more than 11,000 people and has operations in 19 countries. The Company's sales reached a record $4.6 billion in 2005. For more information, visit the Henry Schein Web site at www.henryschein.com.