June 5, 2012

Dear Friends and Colleagues:

We are pleased to release our most recent RPG Newsletter.

As highlighted throughout, you will see that there is a major shortage of New York City office condo space for sale. There is a tremendous demand for office condos from small businesses and foreign buyers but very little suitable space available for them. This creates a unique opportunity for sophisticated developers to convert buildings to office condo and sell the space at a premium.

Rudder Property Group represents buyers and sellers of New York City office condos. With a decade of experience in this niche market, the principals of Rudder Property Group have sold 500,000 square feet of office condos for $200 million. In the specialized field of office condo sales, Rudder Property Group is the market leader.

The RPG Newsletter can be downloaded at www.rudderpg.com/publications.

For more information about Rudder Property Group's services and New York City's office condominium market, please contact me at (646) 415-6168.

Best regards,