GLEN ROCK, NJ, SEPTEMBER 26, 2006 — The Goldstein Group, NJ’s leading full-service retail brokerage firm recently completed several bank lease transactions throughout New Jersey. The banking industry is aggressively pursuing sites in New Jersey and The Goldstein Group recently completed the following:

North Fork Bank on Route 17 and Essex Street in Lodi, NJ

Citibank at 520 Main Street in East Orange, NJ

Bank Of America at Sayreville Plaza in Sayreville, NJ

Yardville Bank on Main Street in Woodbridge, NJ

Citibank  on Route 4 in Paramus, NJ

Ocean's First Bank at Poet’s Square, Kozloski Road in Freehold, NJ

Commerce Bank on Clifton Avenue in Clifton, NJ

Hudson City Savings Bank on Lewandowski Street in Lyndhurst, NJ

“Banks are seeking desirable locations throughout New Jersey and are paying strong rentals and sale prices to meet their goals,” noted Chuck Lanyard, principal and director of brokerage services.  “With many recent mergers and new banks entering the State, landlords are quick to offer available space and generate a relationship for offering additional locations.  At The Goldstein Group, we are pleased to show our market knowledge and expertise to the banking industry.”

The banking industry continues to be strong and robust.  The Federal Deposit Insurance Corporation (FDIC) announced in February, 2006 that a net income of $134.2 billion was reported in 2005 surpassing the previous record by $11.8 billion set in 2004.  The figures represent the fifth consecutive year that industry earning reached a new high. The FDIC report also noted that this is the longest streak in United States history that there has not been a bank failure.

Since 1987, 50 new banking institutions have opened for business in New Jersey.  Prior to that, there was a five year period in which no new banks opened.  These new banks are finding niches to compete against the bigger institutions.  While the bigger institutions work to make their mark in area communities, smaller banks feel there is a need for their homegrown community bank which serves the community’s needs.

The past year has seen at least eight new banks open for business such as Saddle River Valley Bank in Saddle River, Bank of New Jersey in Fort Lee and Heritage Community Bank in Randolph.  Several charter banks such as First Financial in Teaneck and First Choice Bank in Lawrence Township have applications pending.

The Goldstein Group, NJ’s leading full service retail real estate brokerage firm is celebrating its 20th anniversary. The Company provides a wide range of services including landlord and tenant representation focused on leasing, sales, development, property management and financial services. The Goldstein Group currently represents over 8 million square feet of retail properties and over 50 national and regional retailers. Through its partnership with Retail Brokers Network, the Company provides extended market coverage throughout the United States. Founded in 1986, the firm is headquartered in Glen Rock, NJ.

For more information, please contact

Chuck Lanyard at 201.703.9700, extension 15