Mr. Bernstein is President and Principal of Lawrence Properties, a 80 year-old firm which specializes in the management of luxury residential properties in Manhattan. The division has expanded under Mr. Bernstein's direction and now represents more than 60 buildings.

Mr. Bernstein also serves as President and Principal of Bernstein Real Estate, founded in 1926, specializing in the ownership and management of New York City commercial and residential properties. The firm controls more than 25 commercial buildings, accounting for approximately 3 million square feet of space between City Hall and 60th Street. The firm's brokerage division consists of 15 leasing brokers covering both in-house and promotional assignments.

Concurrent with these activities, Mr. Bernstein serves as a Director of the Realty Advisory Board (RAB) and as a Director of the Fashion District Business Improvement District (BID). Additionally, he serves as a Director and a member of the Executive Committee of AFA Protective Systems, a national alarm and security company. He is the President of the Coop Board in his own Manhattan residence.

Previously, he served as the 1980 Chairman of the Young Men's Real Estate Association and as Deputy Trustee of the Building Service Employees Health and Pension Fund. He is also a member of the Real Estate Board of New York and served as a Director of the Commercial Brokerage Division and as a member of the Secondary Office Rental Conditions Committee.

Mr. Bernstein's education includes a B.A. degree from University College, New York University and an M.B.A. in marketing from the Graduate School of Business of Columbia University where he graduated with honors. He is the recipient of the Young Real Estate Man of the Year Award for 1983 as well as the Senior Man of the Year Award for 1990.

He is an avid tennis player and golfer. His son, Alex, also an M.B.A. from Columbia Business School, joined the firm in 2001.

[andrew hirsch]

Lawrence Properties • 150 West 30th Street • New York, New York 10001-4146
Tel 212.868.8320 • Fax 212.279.2119

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