May 10, 2004

Dear Jacob,

I just wanted to thank you and everyone at LoHo for making my dream of
owning an apartment a reality. I am just thrilled with the apartment and
the neighborhood. I would also like to specifically acknowledge Deena,
whose hard work and dedication really made this all possible for me.

I highly recommend Co-op village and LoHo Realty, and would be happy to
provide a personal reference.

Sincerely,

David Shamoon