The
Company's sole business is the ownership of real estate investments, which
consist principally of investments in income-producing properties, with primary
emphasis on properties in the northeastern part of the United States with a
concentration in Fairfield County, Connecticut and Westchester and Putnam
Counties, New York. The Company's core properties consist principally of
neighborhood and community shopping centers. The remaining properties include
office buildings and industrial properties. The Company seeks to identify
desirable properties for acquisition, which it acquires in the normal course
of
business. In addition,...
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