US2008 693793.1

REAL ESTATE AGENT REFERRAL SWEEPSTAKES PROMOTIONOFFICIAL RULESNO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOURCHANCES OF WINNING.1.

Description. The PCV / ST Real Estate Agent Referral Sweepstakes (the

“Promotion”) provides agents with the cha

nce to win a prize by referring the most tenantsthat actually sign a lease with Peter Cooper Village or Stuyvesant Town, during theperiod May 24

, 2010 to December 31, 2010 (“Promotion Period”). Entrants are

responsible for ensuring that Sponsor takes no

te of the entrant’s referral in order to

receive credit for this Promotion. Official rules will be available from leasing agent.2.

Eligibility.

The Promotion is open to legal residents of the 50 United States (incl.DC), 21 years of age or older at the time of entry, and who work as a real estate broker or real estate salesperson at the time of entry and at the time the winner is announced. Prize

winner of Zipcar prize must have a valid drivers license and must qualify under Zipcar’s

legal driving and rental requirements to be a driver in order to receive the Zipcar prize.Employees of Tishman Speyer, its affiliates and subsidiaries, and their immediate familymembers, are not eligible. All federal, state, and local laws and regulations apply. Voidwhere prohibited, taxed or restricted by law.

Prizes.One (1) $10,000 American Express gift card (ARV: $10,000)One (1) Apple 15-inch MacBook Pro; 2.66GHz Intel Core i7 processor;4GB memory; 500GB hard drive (ARV: $2,199)One (1) Apple iPhone 3GS; 32 GB; 1 year service at $140/month (servicemust be activated at Apple store) (ARV: $2,068)One (1) iPad

–

Wi-Fi +3G; 64 GB; 1 year service at $140/month (servicemust be activated at Apple store) (ARV: $2,757)One (1) one-year subscription to Zipcar (50 hours/month) (prize willconsist of a gift card in the amount of $5,000, to be used for Zipcar hourlyrates, $5,000 based on $25 activation fee and 50 hours per month at $7.20per hour; winner will be subject to Zipcar

’s terms and conditions) (ARV:

$5,000).Prizes are non-transferable. Sponsor reserves the right to select model of prize items. Nocash or other substitution by winner permitted, except by Sponsor in the event of unavailability, whereupon Sponsor will award a prize of equal or greater value. Winnermust qualify for and execute any service contracts with prize providers. Winner isresponsible for taxes, costs, and expenses that are not specifically set forth herein asincluded. Sponsor awards prizes on an "AS-IS" basis without warranty, guaranty orrepresentation of any kind express or implied, including without limitation any impliedwarranty of merchantability or fitness for a particular purpose. Apple Inc., AmericanExpress, and Zipcar are not sponsors of or associated with this promotion.

US2008 693793.1

Prize Claim: Any tie at the end of the Promotion Period will be broken by usingthe following tie-breakers: (a) most revenue of leases signed; and if tie still persists, (b)the most square footage of the leases signed

. Sponsor reserves the right to select awinner based on this criteria or any other criteria if there is any question as to method of winner selection.

Potential Grand Prize winners will be notified by telephone or e-mailwithin approximately 1-2 weeks of the close of the Promotion Period. If a potentialwinner cannot be reached or fails to respond for a period of seven (7) calendar daysfollowing first attempted notification, prize will be forfeited and an alternate winner willbe randomly selected. Potential winners may be sent an Affidavit of Eligibility/Releaseof Liability Form, and where legal, Publicity Release. Potential winner must execute andreturn any required Affidavit of Eligibility/Release of Liability Form, and where legal,Publicity Release, within seven (7) days of receipt. Non-compliance within this timeperiod or return of Affidavit of Eligibility/Release of Liability Form as undeliverable mayresult in disqualification and an alternate winner will be randomly selected. All federal,state and local taxes, and other charges, if any, are the sole responsibility of the winner.Winners of prizes valued at greater than $600 will be issued an IRS Form 1099-MISC,

which requires disclosure to Sponsor of winner’s social security number for IRS tax

purposes.5.

General/Release. By entering Promotion, entrants agree to abide by and be boundby these Official Rules and the decisions of Sponsor, which shall be final and binding inall respects. By participating, winner releases Sponsor and its parent companies,affiliates, subsidiaries, distributors, advertising and promotional agencies, and theirrespective directors, officers, employees and agents, from any and all liability withrespect to all aspects of the Promotion and the possession, acceptance, use or misuse of prizes. Entrants who do not comply with Official Rules or who attempt to interfere withthe Promotion in any way shall be disqualified. Acceptance of prize constitutes

permission to use the winners’ name, likeness and/or photograph and statem

ents foradvertising/trade purposes in any and all media, and all media now or hereafter knownworldwide, without further compensation, notification or permission, unless prohibitedby law.6.

Promotion Integrity. Sponsor is not responsible for omission, interruption,deletion, defect

, delay in operations, theft or destruction or unauthorized access to or alterations of entry materials, or for technical, network, telephone equipment, electronic,computer, hardware or software malfunctions or limitations of any kind, incorrect or inaccurate entry information, computer bugs or viruses; failures in servers or other connections; lost or interrupted or unavailable network, miscommunications, failed phoneor hardware or software transmission failure or loss; delayed or corrupted datatransmissions; garbled or jumbled transmissions or for any other error of any kind,whether computer, technical printing, typographical, human or other, relating to or inconnection with the Promotion including, without limitation, errors which may occur inconnection with the administration of the Promotion, the announcement of the prize, the processing of entries or in any Promotion related materials, or inaccurate transmissions of or failure to receive visit information by Sponsor on account of technical problems or traffic congestion on the Internet or at any Web site or any combination thereof. If for