Muss Development Begins Sales in Second Sky View Parc Tower

- Units at Flushing Project Selling Beyond Expectations -

NEW YORK, July 31 /PRNewswire-USNewswire/ -- Muss Development LLC opened up
sales at the second residential tower at its highly acclaimed Sky View Parc
project at an event that drew 120 eager potential buyers to its Sales center.
More than 100 units have already sold in the first tower.

"While we were confident there would be a high level of interest in such a
high quality project with a previously unheard of collection of outdoor and
indoor amenities, the brisk pace of sales has continued unabated," said Muss
Development Principal Jason A. Muss. "We didn't imagine we'd be opening up
the second tower for sales quite this soon."

Muss said that Sky View Parc shows that people will flock to quality product,
especially when it is priced right. He attributes the project's success to
other factors as well.

"Everyone who has visited the sales office has been blown away by our 9'x14'
model of the project, which shows the four-acre rooftop park, the amazing
range of amenities and beautiful residential buildings. In addition, our five
60" flat screen monitors, mounted on a wall in the background of the model,
make it extremely easy to select an apartment."

Sky View Parc's location is another major attraction for buyers. It is
located in the heart of downtown Flushing, two blocks from Main Street and the
#7 train, which is a 22-minute express ride to Grand Central Station. Penn
Station is a 17-minute ride via the Long Island Rail Road, also two blocks
from the site. Located between LaGuardia and JFK airports,Sky View Parc is
within walking distance of sports and recreation venues, including the Mets'
brand new Citi Field, the USTA National Tennis Center and Flushing
Meadows-Corona Park. Sky View Parc will also be eligible for a 15-year tax
abatement.

According to Muss, buyers have been active with all sized units and in all
price points.

"We have sold everything from $400,000 studios to a three bedroom penthouse at
$1.36 million. Our one and two bedroom sales have been extremely strong and
have appealed to all segments of the market," said Muss.

Sky View Parc describes the uniqueness of the project, which will feature
elevated living in six residential towers and a rooftop park set atop a
three-story, 800,000-square-foot retail shopping experience. The nearly
four-acre elevated park and 448 condominium units in the three Phase 1
buildings will ultimately feature an outdoor pool, two full-sized tennis
courts, a health club & spa, a basketball court, running track, two children's
play areas, golf, valet parking, 24-hour doorman and remarkable panoramic
views of Manhattan, Flushing Meadows Park, major bridges and the Long Island
Sound.

The retail space, which will include major national retailers, a huge
supermarket and more than 30,000 square feet of restaurants, is scheduled to
open in the summer of 2009. The space is already more than 60 percent leased.
Phase 1 condominium occupancy is scheduled for July 2009.

Sky View Parc offers studio, one-, two-, and three-bedroom homes priced from
the $400,000s to more than $2 million.

For more information, please visit www.SkyViewParc.com or call (718) 886-8899.

About Muss Development LLC:
Muss Development, LLC (www.muss.com) is a fully integrated real estate company
that handles all aspects of the development process, including zoning and
approvals, sales and marketing, construction and management. In business in
New York City since 1906, Muss is deeply involved in the local community and
has an unrivaled track record for producing a quality product and satisfied
customers.

Over the past 10 years, Muss has built over 5 million square feet of space,
including several office and retail buildings, almost 1,000 hotel rooms and
over 1,500 residential homes, and has been recognized far and wide as one of
the finest real estate companies in the United States.

SOURCE Muss Development LLC

Richard Mulieri, +1-212-889-0808, richard@themarino.org; or Nicole Lesson,
+1-631-988-2117, nicole@themarino.org, both of The Marino Organization