HOME PROPERTIES OF NEW YORK INC
10-Q, EX-10, 2000-08-10
REAL ESTATE INVESTMENT TRUSTS
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                    Home Properties of New York, L.P.
                      Amendment No. Thirty-Four to
                       Second Amended and Restated
                    Agreement of Limited Partnership



The  Second  Amended  and  Restated  Agreement  of  Limited Partnership of Home
Properties of New York, L.P. (the "Partnership Agreement")  is  hereby  amended
effective  May 19, 2000 to substitute the "Schedule A" attached hereto for  the
"Schedule A"  currently attached to the Partnership Agreement.  "Schedule A" is
hereby amended to reflect various changes.

GENERAL PARTNER
Home Properties of New York, Inc.



_________________________________
Ann M. McCormick
Secretary


LIMITED PARTNERS LISTED ON ATTACHED SCHEDULE A
By: Home Properties of New York, Inc.
      as attorney in fact


___________________________________
Ann M. McCormick
Secretary




<PAGE>
                    Home Properties of New York, L.P.
                       Amendment No. Thirty-Six to
                       Second Amended and Restated
                    Agreement of Limited Partnership



The Second Amended  and  Restated  Agreement  of  Limited  Partnership  of Home
Properties  of  New  York, L.P. (the "Partnership Agreement") is hereby amended
effective June 30, 2000  to substitute the "Schedule A" attached hereto for the
"Schedule A" currently attached  to the Partnership Agreement.  "Schedule A" is
hereby amended to reflect various  changes,  including  the issuance of limited
partnership interests to certain of the former holders of  interests in various
entities owning Elmwood Terrace Apartments, located in Frederick, Maryland.

GENERAL PARTNER
Home Properties of New York, Inc.



_________________________________
Ann M. McCormick
Secretary


LIMITED PARTNERS LISTED ON ATTACHED SCHEDULE A
By: Home Properties of New York, Inc.
      as attorney in fact


___________________________________
Ann M. McCormick
Secretary


<PAGE>
<TABLE>
                                                           JUNE 30, 2000
                                                            SCHEDULE A
                                                 HOME PROPERTIES OF NEW YORK, L.P.
                                             PARTNERS, UNITS AND PERCENTAGE INTERESTS
                                                          GENERAL PARTNER
<CAPTION>
<S>                                         <C>                                     <C>                       <C>
                                                                                                    Number of            Percentage
NAME AND IDENTIFYING NUMBER                 BUSINESS OR RESIDENCE ADDRESS                          UNITS HELD              INTEREST
Home Properties of New York, Inc.           850 Clinton Square                                    410,050.939              1.00000%
                                            Rochester, New York 14604

                                                         LIMITED PARTNERS
                                                                                                    Number of            Percentage
NAME AND IDENTIFYING NUMBER                 BUSINESS OR RESIDENCE ADDRESS                          UNITS HELD              INTEREST

PREFERRED UNITS
CLASS A LIMITED PARTNERSHIP INTERESTS
Home Properties Trust                       850 Clinton Square                                      1,666,667              4.06454%
                                            Rochester, New York 14604

SERIES B PARTNERSHIP PREFERRED UNITS
Home Properties Trust                       850 Clinton Square                                      2,000,000              4.87744%
                                            Rochester, New York 14604
SERIES C PARTNERSHIP PREFERRED UNITS
Home Properties Trust                       850 Clinton Square                                        600,000              1.46323%
                                            Rochester, New York 14604
SERIES D PARTNERSHIP PREFERRED UNITS
Home Properties Trust                       850 Clinton Square                                        250,000              0.60968%
                                            Rochester, New York 14604
COMMON UNITS
Home Properties Trust                       850 Clinton Square                                 20,277,557.960             49.45131%
                                            Rochester, New York 14604
Home Leasing Corporation                    850 Clinton Square                                        429,376              1.04713%
                                            Rochester, New York 14604
Leenhouts Ventures                          850 Clinton Square                                          8,010              0.01953%
                                            Rochester, New York 14604
Norman P. Leenhouts                         850 Clinton Square                                            467              0.00114%
                                            Rochester, New York 14604
Nelson B. Leenhouts                         850 Clinton Square                                            219              0.00053%
                                            Rochester, New York 14604
Arlene Z. Leenhouts                         850 Clinton Square                                         50,000              0.12194%
                                            Rochester, New York 14604
Nancy E. Leenhouts                          850 Clinton Square                                         50,000              0.12194%
                                            Rochester, New York 14604
Amy L. Tait                                 850 Clinton Square                                         11,195              0.02730%
                                            Rochester, New York 14604
                                                                                                    Number of            Percentage
Amy L. Tait and                             850 Clinton Square                                          2,548              0.00621%
   Robert C. Tait                           Rochester, New York 14604
Ann M. McCormick                            850 Clinton Square                                            565              0.00138%
                                            Rochester, New York 14604
Ann M. McCormick and                        850 Clinton Square                                          1,737              0.00424%
   Patrick M. McCormick                     Rochester, New York 14604
David P. Gardner                            850 Clinton Square                                          3,506              0.00855%
                                            Rochester, New York 14604
William E. Beach                            850 Clinton Square                                          2,433              0.00593%
                                            Rochester, New York 14604
William E. Beach and                        850 Clinton Square                                          3,046              0.00743%
   Richelle A. Beach                        Rochester, New York 14604
Paul O'Leary                                850 Clinton Square                                          3,207              0.00782%
                                            Rochester, New York 14604
Richard J. Struzzi                          850 Clinton Square                                          2,363              0.00576%
                                            Rochester, New York 14604
Robert C. Tait                              850 Clinton Square                                             70              0.00017%
                                            Rochester, New York 14604
Timothy A. Florczak                         850 Clinton Square                                            600              0.00146%
                                            Rochester, New York 14604
Laurie Leenhouts                            850 Clinton Square                                          6,033              0.01471%
                                            Rochester, New York 14604
J. Neil Boger                               27 Arlington Drive                                          1,225              0.00299%
                                            Pittsford, New York 14534
Joyce P. Caldarone                          162 Anchor Drive                                            1,225              0.00299%
                                            Vero Beach, Florida 32963
Peter L. Cappuccilli, Sr.                   605 Genesee Street                                          6,250              0.01524%
                                            Syracuse, New York 13204
Rocco M. Cappuccilli                        605 Genesee Street                                          6,250              0.01524%
                                            Syracuse, New York 13204
Linda Wells Davey                           17 Green Valley Road                                        1,225              0.00299%
                                            Pittsford, New York 14534
Richard J. Dorschel                         32 Whitestone Lane                                          1,225              0.00299%
                                            Rochester, New York 14618
Elizabeth Hatch Dunn                        P.O. Box 14261                                              2,450              0.00597%
                                            North Palm Beach, Florida 33408
Jeremy A. Klainer                           295 San Gabriel Drive                                         612              0.00149%
                                            Rochester, New York 14610
J. Robert Maney                             506 Panorama Trail                                          2,450              0.00597%
                                            Rochester, New York 14625
                                                                                                    Number of            Percentage
John A. McAlpin and Mary E. McAlpin         6270 Bopple Hill Road                                       1,225              0.00299%
Trustees or their successors in trust       Naples, New York 14512-9771
under the McAlpin Living Trust, dated
January 19, 1999 and any amendments thereto
George E. Mercier                           99 Ridgeland Road                                           1,225              0.00299%
                                            Rochester, New York 14623
Harold S. Mercier Trust                     c/o Star Bank N.A. Trustee                                  1,225              0.00299%
                                            P.O. Box 1118, ML 7193
                                            Cincinnati, OH 45201
Michelle Mercier                            99 Ridgeland Road                                           1,225              0.00299%
                                            Rochester, New York 14623
Jack E. Post                                11 Oakfield Way                                             1,225              0.00299%
                                            Pittsford, New York 14534
Carolyn M. Steklof                          144 Dunrovin Lane                                           1,225              0.00299%
                                            Rochester, New York 14618
William T. Uhlen, Jr.                       5556 Vardon Drive                                           2,450              0.00597%
                                            Canandaigua, NY 14424
Lawrence R. Brattain                        1200 Edgewater Drive                                          500              0.00122%
                                            Apartment 907
                                            Lakewood, OH 44107
C. Terence Butwid                           850 Clinton Square                                          4,246              0.01035%
                                            Rochester, New York 14604
C.O.F. Inc.                                 850 Clinton Square                                        332,681              0.81132%
                                            Rochester, New York 14604
Conifer Development, Inc.                   850 Clinton Square                                         20,738              0.05057%
                                            Rochester, New York 14604
Crossed Family Partnership                  850 Clinton Square                                          7,200              0.01756%
                                            Rochester, New York 14604
Richard J. Crossed                          850 Clinton Square                                         68,021              0.16588%
                                            Rochester, New York 14604
Kathleen M. Dunham                          850 Clinton Square                                            200              0.00049%
                                            Rochester, New York 14604
John H. Fennessey                           850 Clinton Square                                         30,700              0.07487%
                                            Rochester, New York 14604
Timothy D. Fournier                         850 Clinton Square                                          7,600              0.01853%
                                            Rochester, New York 14604
Barbara Lopa                                850 Clinton Square                                            100              0.00024%
                                            Rochester, New York 14604
Peter J. Obourn                             850 Clinton Square                                         30,700              0.07487%
                                            Rochester, New York 14604
John Oster                                  850 Clinton Square                                          4,595              0.01121%
                                            Rochester, New York 14604
                                                                                                    Number of            Percentage
Eric Stevens                                850 Clinton Square                                            100              0.00024%
                                            Rochester, New York 14604
Tamarack Associates                         c/o Mr. Timothy D. Fournier                                 2,316              0.00565%
                                            850 Clinton Square
                                            Rochester, New York 14604
Tamarack II Associates                      850 Clinton Square                                          2,027              0.00494%
                                            Rochester, New York 14604
Burton S. August                            11 Woodbury Place                                           4,246              0.01035%
                                            Rochester, New York 14618
Charles J. August                           47 Woodbury Drive                                           4,246              0.01035%
                                            Rochester, New York 14618
Robert W. August                            222 Shoreham Drive                                          1,158              0.00282%
                                            Rochester, New York 14618
John H. Cline                               35 Vick Park A                                              2,316              0.00565%
                                            Rochester, New York 14607
Ralph DeStephano, Sr.                       1249-1/2 Long Pond Road                                     2,316              0.00565%
                                            Rochester, New York 14626
Gerald A. Fillmore                          3800 Delano Road                                            2,316              0.00565%
F/B/O Living Trust of G.A.F.                Oxford, Michigan 48371
Richard J. Katz, Jr.                        136 Spyglass Lane                                           2,316              0.00565%
                                            Jupiter, Florida 33477
Anwer Masood, MD                            1445 Portland Avenue                                        2,316              0.00565%
                                            Rochester, New York 14621
Ernest Reveal Family Trust                  c/o Jim Lieb                                                  976              0.00238%
 #321001810                                 Chase P.O. Box 1412
                                            Rochester, New York 14603
Hazel E. Reveal Marital Trust               c/o Jim Lieb                                                1,340              0.00327%
 #321001860                                 Chase P.O. Box 1412
                                            Rochester, New York 14603
Gregory J. Riley, MD                        9 Beach Flint Way                                           2,256              0.00550%
                                            Victor, New York 14564
Thomas P. Riley                             346 Beach Avenue                                            2,316              0.00565%
                                            Rochester, New York 14612
William G. vonberg                          8 Old Landmark Drive                                        2,316              0.00565%
                                            Rochester, New York 14618
Philip W. Dunskar & Marcia L. Dunskar       70 Woodland Road                                            2,316              0.00565%
  Settlors and Cheryl S. Bickett Trustee    Short Hills, New Jersey 07078
U/T/A
  dated June 2, 1994
Stephen C. Whitney                          9 Devonwood Lane                                              869              0.00212%
                                            Pittsford, New York 14534
Mr. and Mrs. Frank Zamiara                  136 Mendon-Ionia Road                                       2,316              0.00565%
                                            Mendon, New York 14506
                                                                                                    Number of            Percentage

Daniel Solondz                              968 Stuyvesant Avenue                                     261,678              0.63816%
                                            Union, New Jersey 07063
Gaby Solondz 1997 Trust dated 9/1/97        28 Fordham Road                                            25,000              0.06097%
                                            Livingston, NJ 07039
Philip J. Solondz                           P.O. Box 641                                              236,678              0.57719%
                                            500 Morris Avenue, Suite A104
                                            Springfield, NJ 07081-0641
Julia Weinstein                             308 E. 72nd St., Apt. 3D                                   56,051              0.13669%
                                            New York, New York 10021
Peter B. Baker                              300 Park Street                                             4,871              0.01188%
                                            Haworth, NJ  07641
John F. Barna                               11 Hummingbird Lane                                         5,977              0.01458%
                                            Darien, CT 06820
Nadine L. Barna                             11 Hummingbird Lane                                         4,042              0.00986%
                                            Darien, CT 06820
Robert E. & Barbara T. Buce                 16846 Glynn Drive                                           1,282              0.00313%
                                            Pacific Palisades, CA 90272
Vincent J. Cannella Living Trust            14657 Amberleigh Hill Court                                 4,635              0.01130%
                                            St. Louis, MO 63017
Andrew J. Capelli                           35 Starlight Road                                           3,344              0.00816%
                                            Staten Island, NY 10301
John J. Chopack                             202 Hedgemere Drive                                           444              0.00108%
                                            Devon, PA  19333
Harris R. Chorney                           43 Mountain Brook Road                                        705              0.00172%
                                            West Hartford, CT  06117
Ralph W. Clermont                           2311 Clifton Forge Drive                                    1,324              0.00323%
                                            St. Louis, MO 63131
Thomas J. Coffey                            5 Brampton Road                                               662              0.00161%
                                            Malvern, PA 19355
Barbara G. Collins                          2141 Ponus Ridge                                            1,324              0.00323%
                                            New Canaan, CT 06840
Charles T. Collins                          684 Fernfield Circle                                        5,942              0.01449%
                                            Wayne, PA 19087
John D. Collins                             2141 Ponus Ridge Road                                       6,227              0.01519%
                                            New Canaan, CT  06840
Patricia A. Collins                         684 Fernfield Circle                                          388              0.00095%
                                            Wayne, PA 19087
                                                                                                    Number of            Percentage

Michael A. Conway                           15 Berndale Drive                                           6,227              0.01519%
                                            Westport, CT  06880
Veronica A. Conway                          15 Berndale Drive                                           3,571              0.00871%
                                            Westport, CT 06880
Mildred M. Cozine                           5 Manchester Court                                          1,986              0.00484%
                                            Morristown, NJ 07960
William J. Cozine                           5 Manchester Court                                          6,663              0.01625%
                                            Morristown, NJ 07960
Kenneth Daly                                1359 Shadowoak Drive                                        1,104              0.00269%
                                            Malvern, PA 19355
Anthony J. Del Tufo                         29 Fox Glen Drive                                             462              0.00113%
                                            Stamford, CT 06903
Jack C. Dixon                               16 Lands End Drive                                          3,589              0.00875%
                                            Greensboro, NC 27408-3841
Priscilla M. Elder                          230 Sundial Court                                           5,788              0.01412%
                                            Vero Beach, FL 32963-3469
Doris E. Ficca                              415 Lancaster Avenue, Unit 8                                  776              0.00189%
                                            Haverford, PA 19041
John J. Ficca, Jr.                          415 Lancaster Avenue - Unit 8                              10,150              0.02475%
                                            Haverford, PA 19041
John & Doris Ficca                          415 Lancaster Avenue, Unit 8                                2,295              0.00560%
                                            Haverford, PA 19041
Alfred W. Fiore                             27 Copper Beach Road                                          444              0.00108%
                                            Greenwich, CT 06830
Carol T. Fish                               38 Cedar Knoll Road                                         6,006              0.01465%
                                            Cockeysville, MD 21030
Jeffrey Fish                                38 Cedar Knoll Road                                           450              0.00110%
                                            Cockeysville, MD 21030
Joseph H. Fisher                            345 W. Mountain Road                                       10,600              0.02585%
                                            West Simsbury, CT 06092
John A. Flack                               89  Perkins Road                                              642              0.00157%
                                            Grenwich, CT  06830
F. David Fowler                             9724 Beman Woods Way                                        1,821              0.00444%
                                            Potomac, MD 20854
Freedom House Foundation                    P.O. Box 67                                                   200              0.00049%
                                            Glen Gardner, NJ 08826-0367
James L. Goble                              10260 Strait Lane                                          11,228              0.02738%
                                            Dallas, TX  75229
                                                                                                    Number of            Percentage

LaVonne B. Graese                           Diane M. Graese, Trustee                                   28,859              0.07038%
Grantor Retained Annuity Trust              1704 Cordoba Canyon Street
dated 3/31/99                               Las Vegas, Nevada  89117
LaVonne B. Graese, Trustee                  5193 Fairway Oaks Drive                                    20,462              0.04990%
                                            Windermere, FL 34786
James J. Grifferty                          57 Woods Lane                                              23,515              0.05735%
                                            Scarsdale, NY 10583
John M. Guinan                              4 Denford Drive                                               778              0.00190%
                                            Newtown Square, PA 19073
M. Candace Guinan                           4 Denford Drive                                               773              0.00189%
                                            Newtown Square, PA 19073
William A. Hasler                           102 Golden Gate Avenue                                        923              0.00225%
                                            Belvedere, CA 94920
Maxine S. Holton                            12861 Marsh Landing                                         6,418              0.01565%
                                            Palm Beach Gardens, FL 33418
Thomas L. Holton                            12861 Marsh Landing                                         8,136              0.01984%
                                            Palm Beach Gardens, FL 33418
Charles T. Hopkins                          1121 Tintern Drive                                          6,202              0.01512%
                                            Ambler, PA 19002
Robert D. Huth                              44 W. Lancaster Avenue                                        571              0.00139%
                                            Ardmore, PA 19003
Richard Isserman                            165 W. 66th Street                                          4,428              0.01080%
                                            Apartment 21B
                                            New York, New York 10023
Thomas F. Keaveney                          1420 Regatta Drive                                          8,016              0.01955%
                                            Wilmington, NC  28405
Patrick W. Kenny                            33 Fulton Place                                               642              0.00157%
                                            West Hartford, CT 06107
Frank Kilkenny and Irene M. Kilkenny        42 Highland Circle                                          5,884              0.01435%
  JTWROS                                    Bronxville, NY 10708
Janet T. Klion                              25 Bailiwick Road                                           7,608              0.01855%
                                            Greenwich, CT  06831
Howard J. Krongard                          9 Cornell Way                                               8,387              0.02045%
                                            Upper Montclair, NJ 07043
Louis E. Levy                               26 Farmstead Road                                          15,586              0.03801%
                                            Short Hills, NJ  07078
Sandra H. Levy                              26 Farmstead Road                                           3,000              0.00732%
                                            Short Hills, NJ  07078
RJL Marital Trust I                         c/o William E. Logan                                        2,835              0.00691%
                                            3613 Sarah Drive
                                            Wantagle, NY 11793
                                                                                                    Number of            Percentage
Jerome Lowengrub                            7 Lee Terrace                                               6,561              0.01600%
                                            Short Hills, NJ  07078
Kelly Lowengrub Custodian for               30 Randall Shea Drive                                         250              0.00061%
   Kaycee Lowengrub                         Swansea, MA 02777-2912
Kelly Lowengrub Custodian for               30 Randall Shea Drive                                         300              0.00073%
   Kate Lowengrub                           Swansea, MA 02777-2912
Kelly Lowengrub Custodian for               30 Randall Shea Drive                                         150              0.00037%
  Kristopher Lowengrub                      Swansea, MA 02777-2912
Kelly Lowengrub                             30 Randall Shea Drive                                         250              0.00061%
                                            Swansea, MA  02777-2912
Kenneth Lowengrub                           30 Randall Shea Drive                                         200              0.00049%
                                            Swansea, MA  02777-2912
Michael C. Lowengrub Custodian for          3 Shoreham Drive West                                         250              0.00061%
  Robin Lowengrub                           Dix Hills, NY 11746-6510
Michael C. Lowengrub Custodian for          3 Shoreham Drive West                                         450              0.00110%
  Jason Lowengrub                           Dix Hills, NY 11746-6510
Nancy Lowengrub, custodian for              3 Shoreham Drive, West                                        200              0.00049%
 Robin Lowengrub                            Dix Hills, NY 11746
Roderick C. McGeary                         1911 Waverly Street                                         3,710              0.00905%
                                            Palo Alto, CA 94301
United Jewish Appeal of MetroWest           901 Route 10                                                  200              0.00049%
                                            Whippany, New Jersey 07981-1156
Ingunn T. McGregor                          Two Cherry Lane                                             8,335              0.02033%
                                            Old Greenwich, CT 06870-1902
Michael Meltzer                             6362 Innsdale Drive                                           887              0.00216%
                                            Los Angeles, CA 90068
Martin F. Mertz                             150 East 69th Street                                        7,551              0.01841%
                                            New York, New York 10021
Bernard J. Milano                           134 MacIntyre Lane                                            662              0.00161%
                                            Allendale, NJ  07401
Burton M. Mirsky                            21 Woodcrest Drive                                          4,216              0.01028%
                                            Morristown, NJ  07960
Thomas J. Murphy                            208 N. Edmonds Avenue                                         923              0.00225%
                                            Havertown, PA 19083
Mary Jane & Jay Patchen                     9406 Mary Tucker Cove                                       1,324              0.00323%
                                            Memphis, TN 38133
Michael C. Plansky                          156 Beach Avenue                                              802              0.00196%
                                            Larchmont, NY 10538
                                                                                                    Number of            Percentage

Dorothy Powers                              9870 Huntcliff Trace                                        4,158              0.01014%
                                            Atlanta, GA 30350
Henry A. Quinn                              603 Benson House                                          145,383              0.35455%
                                            Rosemont, PA  19010
Michael G. Regan                            14 Brenner Place                                           10,984              0.02679%
                                            Demarest, NJ 07627
Lavoy Robison                               1001 Green Oaks Drive                                       2,469              0.00602%
                                            Littleton, CO 80121
Eugene G. Schorr                            KPMG Peat Marwick                                             444              0.00108%
                                            345 Park Avenue
                                            New York, NY  10154
William Simon                               KPMG Peat Marwick                                          12,212              0.02978%
                                            725 South Figueroa Street
                                            Los Angeles, CA 90017
Dorothy L. Shanahan                         123 Rotary Drive                                            3,711              0.00905%
                                            Summit, NJ 07901
John T. Shanahan                            123 Rotary Drive                                           16,442              0.04010%
                                            Summit, NJ  07901
Dallas E. Smith                             1018 Fourth Street, #101                                      222              0.00054%
                                            Santa Monica, CA 90403
Edward F. Smith                             1031 Lawrence Avenue                                        2,194              0.00535%
                                            Westfield, NJ 07090
Harold I. Steinberg Revocable               1221 Ranleigh Road                                          2,855              0.00696%
 Inter Vivos Trust under agreement          McLean, VA 22101
dated 5/24/91
Denis J. Taura                              90 Montadale Drive                                          8,892              0.02169%
                                            Princeton, NJ  08540
Shaileen & Timothy Tracy                    111 Lampwick Lane                                           1,100              0.00268%
                                            Fairfield, CT 06430
Timothy P. Tracy Pension Trust              111 Lampwick Lane                                           1,552              0.00378%
                                            Fairfield, CT 06430
Edward W. Trott                             97 Sea Beach Drive                                          4,176              0.01018%
                                            Stamford, CT 06902
Estate of William F. VanFossan              c/o Donald J. VanFossan                                     1,571              0.00383%
                                            2200 Fairoaks Road
                                            Decatur, GA 30033
Katharine E. Van Riper                      57 Foremost Mountain Road                                   9,311              0.02271%
                                            Montville, NJ 07045
                                                                                                    Number of            Percentage

Eileen M. Walsh                             37 Beechwood Road                                             449              0.00109%
                                            Irvington, NY 10533
Lillian D. Walsh                            29986 Maple View Drive                                      2,835              0.00691%
                                            Rainier, OR 97048
Sam Yellen                                  22433 Oxnard Street                                         9,938              0.02424%
                                            Woodland, CA 91367
Thomas J. Yoho                              12 Indian Rock Lane                                         1,572              0.00383%
                                            Greenwich, CT 06830
B&L Realty Investments                      21790 Coolidge Highway                                     33,560              0.08184%
  Limited Partnership                       Oak Park, MI 48237
Berger/Lewiston Associates                  21790 Coolidge Highway                                  1,076,594              2.62551%
  Limited Partnership                       Oak Park, MI 48237
Big Beaver-Rochester Properties             21790 Coolidge Highway                                    528,348              1.28849%
  Limited Partnership                       Oak Park, MI 48237
Century Realty Investment Company           21790 Coolidge Highway                                     99,195              0.24191%
  Limited Partnership                       Oak Park, MI 48237
Greentrees Apartments                       21790 Coolidge Highway                                    275,905              0.67286%
  Limited Partnership                       Oak Park, MI 48237
Kingsley-Moravian Company                   21790 Coolidge Highway                                    376,288              0.91766%
  Limited Partnership                       Oak Park, MI 48237
Stephenson-Madison Heights Company          21790 Coolidge Highway                                    104,541              0.25495%
  Limited Partnership                       Oak Park, MI 48237
Southpointe Square Apartments               21790 Coolidge Highway                                    155,623              0.37952%
  Limited Partnership                       Oak Park, MI 48237
Woodland Garden Apartments                  21790 Coolidge Highway                                    319,860              0.78005%
  Limited Partnership                       Oak Park, MI 48237
John M. DiProsa                             32 Sydenham Road                                            6,150              0.01500%
                                            Rochester, NY 14609
Claude S. Fedele                            12 Beckenham Lane                                          23,765              0.05796%
                                            Fairport, NY 14450
Gabriel W. Gruttadaro                       6 Powder Mill Drive                                        11,150              0.02719%
                                            Pittsford, NY 14534
Anthony M. Julian                           204 Angelus Drive                                           5,575              0.01360%
                                            Rochester, NY 14622
Natalie M. Julian                           204 Angelus Drive                                           5,575              0.01360%
                                            Rochester, NY 14622
Joanne M. Lobozzo                           118 Argyle Street                                         165,188              0.40285%
                                            Rochester, NY 14607
                                                                                                    Number of            Percentage

Geraldine B. Lynch                          92 Eagle Ridge Circle                                       3,922              0.00956%
                                            Rochester, NY 14617
Michael E. McCusker and Elaine R.           6 Talbot Drive                                             31,687              0.07728%
McCusker, Trustees under the Michael E.     Penfield, New York 14526
and Elaine R. McCusker Living Trust dated
August 30, 1994
Jack P. Schifano                            916 Highland Trails Avenue                                  3,961              0.00966%
                                            Henderson, NV 89015
Stephen W. Hall                             P.O. Box 370068                                            92,889              0.22653%
                                            Las Vegas, NV 89137-0068
Donald H. Schefmeyer                        63262 Orange Road                                         102,250              0.24936%
                                            South Bend, IN 46614
Beverly B. Bernstein                        P.O. Box 25370                                             72,304              0.17633%
                                            Washington, DC 20007
Leona Libby Feldman                         575 Greensward Lane                                         4,388              0.01070%
                                            Delray Beach, FL 33445
Park Shirlington Apartments                 c/o 11501 Huff Court                                       72,304              0.17633%
 Limited Partnership                        N. Bethesda, MD 20895
Lauren Libby Pearce                         537 Hilarie Road                                           21,938              0.05350%
                                            St. Davids, PA 19807
Steven M. Reich 1976 Trust                  c/o Stephen A. Bodzin Trustee                              59,313              0.14465%
                                            1156 15th Street, NW
                                            Suite 329
                                            Washington, DC 20005
Amy S. Rubenstein                           252 Collingwood Street                                     11,627              0.02836%
                                            San Francisco, CA 94114
Barton S. Rubenstein                        4003 Underwood Street                                      13,689              0.03338%
                                            Chevy Chase, MD 20815
Beth Dana Rubenstein                        451 29th Street                                            13,689              0.03338%
                                            San Francisco, CA 94131
Trust U/W Daryl R. Rubenstein               c/o David Osnos                                             2,062              0.00503%
 F/B/O Amy Sara Rubenstein                  1050 Connecticut Avenue, NW
                                            Washington, DC 20036
Lee G. Rubenstein                           4915 Linnean Avenue, NW                                     2,808              0.00685%
                                            Washington, DC 20008
Sarah Selsky                                1801 East Jefferson Street                                 42,779              0.10433%
                                            Apartment 608
                                            Rockville, MD 20852
                                                                                                    Number of            Percentage

Tower Capital, LLC                          11501 Huff Court                                          279,782              0.68231%
                                            N. Bethesda, MD 20895
WHC Associates, LLC                         7201 Wisconsin Avenue                                      83,364              0.20330%
                                            Suite 650
                                            Bethesda, MD 20814
Estate of Merrill L. Bank                   c/o Herbert Bank, Helen S. Bank and                        19,783              0.04825%
                                            Penny Bank, Personal Representatives
                                            200 Bradley Place, Unit 305
                                            Palm Beach, FL 33480
Ariel Golden Behr                           151 W. 88th Street                                          1,469              0.00358%
                                            New York, NY 10027
Doris Berliner                              7 Slade Avenue                                              2,637              0.00643%
                                            Apartment 108
                                            Baltimore, MD 21208
Phillip Chmar                               7 Slade Avenue                                              3,830              0.00934%
                                            Apartment 713
                                            Baltimore, MD 21208
Louis K. Coleman                            2508 Guilford Avenue                                        7,152              0.01744%
                                            Baltimore, MD 21218
Mark Dopkin                                 6303 Lincoln Avenue                                           371              0.00090%
                                            Baltimore, MD 21209
Paul Goldberg                               7111 Park Heights Avenue,                                     509              0.00124%
                                            Apartment 712
                                            Baltimore, MD 21215
Carol Golden                                P.O. Box 9691                                               2,486              0.00606%
                                            Jerusalem, Israel 91090
Joseph Goldman                              5250 Linnean Avenue, NW                                     3,661              0.00893%
                                            Washington, D.C. 20015
Dr. Milton L. Goldman                       3240 Patterson Street, N.W.                                 8,363              0.02040%
                                            Washington, D.C. 20015-1661
Samuel and Esther Hanik                     5800 Nicholson Lane                                        16,582              0.04044%
                                            Apartment 1-903
                                            Rockville, MD 20852
Muriel Hettleman Revocable Trust            Muriel Hettleman, Trustee                                   6,906              0.01684%
                                            1 Slade Avenue
                                            Apartment 203
                                            Baltimore, MD 21208
Charles Heyman                              3409 Old Post Drive                                         1,406              0.00343%
                                            Baltimore, MD 21208
                                                                                                    Number of            Percentage

Samuel Hillman Marital Trust                Bank of America                                             9,758              0.02380%
                                            Business Advisory & Valuation Services
                                            P.O. Box 842056
                                            Dallas, TX 75284-2056
Samuel Hillman Residuary Trust              NationsBank                                                 9,758              0.02380%
                                            c/o Nancy Politsch
                                            100 S. Charles Street
                                            Baltimore, MD 21201-2713
Marvin A. Jolson                            7812 Ridge Terrace                                          1,018              0.00248%
                                            Baltimore, MD 21208
Hilda Kaplan, Trustee u/r/d/t/d 10/18/99    7111 Park Heights Avenue                                    6,500              0.01585%
                                            Apartment 110
                                            Baltimore, MD 21215
Isadore Kaplan Revocable Trust              7111 Park Heights Avenue                                    9,324              0.02274%
                                            Apartment 110
                                            Baltimore, MD 21215
Milton Klein                                1 Slade Avenue                                              7,305              0.01781%
                                            Apartment 706
                                            Baltimore, MD 21208
Dr. Lee Kress                               417 Barby Lane                                              7,152              0.01744%
                                            Cherry Hill, NJ 08003
Richard & Cheryl Kress                      15 W. Aylesbery Road                                        7,152              0.01744%
                                            Suite 700
                                            Timonium, MD 21093
William Kress Marital Trust                 c/o Richard Kress Trustee                                  60,305              0.14707%
                                            15 W. Aylesbery Road
                                            Suite 700
                                            Timonium, MD 21093
Elmer W. Leibensperger                      1900 Dumont Court                                             859              0.00209%
                                            Timonium, MD 21093
Merrill & Natalie S. Levy                   5906 Eastcliff Drive                                        2,637              0.00643%
                                            Baltimore, MD 21209
Gertrude Myerberg                           2227 Ibis Isle Road East                                   14,611              0.03563%
                                            Palm Beach, FL 33480
Bertha Pollock                              5550 Tuckerman Lane                                         2,486              0.00606%
                                            Apartment 442
                                            Rockville, MD 20852
Lawrence E. Putnam Family Trust             3241 Worthington Street, NW                                 5,424              0.01323%
                                            Washington, DC 20015
Stephen F. Rosenberg                        3 Greenwood Place                                             367              0.00090%
                                            Suite 307
                                            Baltimore, MD 21208
                                                                                                    Number of            Percentage

Z. Valeere Sass, Trustee                    758 Regency Lakes Drive, E501                               2,637              0.00643%
                                            Boca Raton, FL 33433
Isidore Schnaper                            11 Slade Avenue                                            10,421              0.02541%
                                            Apartment 304
                                            Baltimore, MD 21208
M. Gerald Sellman Revocable Trust           2 Yearling Way                                             18,347              0.04474%
Agreement dated November 30, 1998           Lutherville, MD 21093
Albert Shapiro Revocable Trust              Albert Shapiro, Trustee                                    13,196              0.03218%
  dated 10/6/89 and amended 4/20/00         100 Sunrise Avenue
                                            Palm Beach, FL 33480
Earle K. Shawe                              Shawe & Rosenthal                                          85,085              0.20750%
                                            20 S. Charles Street
                                            Baltimore, MD 21201
Rhoda E. Silverman, Trustee                 R. Silverman Revoc. Trust                                   1,469              0.00358%
                                            4701 Willard Avenue
                                            Apartment 1034
                                            Chevy Chase, MD 20815
Herbert J. Siegel                           20 Pleasant Ridge Drive, Suite A                          419,094              1.02205%
                                            Owings Mills, MD 21117
Siegel Family, LLLP                         c/o Herbert J. Siegel                                      31,995              0.07803%
                                            20 Pleasant Ridge Drive, Suite A
                                            Owings Mills, MD 21117
Dr. Edgar Sweren                            77 Seminary Farm Road                                       1,018              0.00248%
                                            Timonium, MD 21093
Dr. Myra Jody Whitehouse                    1 Staffordshire Road                                        2,085              0.00508%
                                            Cherry Hill, NJ 08003
Ms. Terry Whitehouse                        3706 Taylor Street                                          2,085              0.00508%
                                            Chevy Chase, MD 20815
Harold M. Davis                             2180 Twinbrook Road                                       229,754              0.56031%
                                            Berwyn, PA 19312
Nicholas V. Martell                         1551 Harmoneyville Road                                   229,754              0.56031%
                                            Pottstown, PA 19465
R.C.E. Developers, Inc.                     1000 Chesterbrook Blvd                                      4,642              0.01132%
                                            Berwyn, PA 19312
Frances Berkowitz                           29 East 64th Street                                         1,358              0.00331%
                                            Apartment 7D
                                            New York, New York 10021
Richard A. Eisner                           1107 Fifth Avenue                                          10,180              0.02483%
                                            New York, New York 10128
Michael Glick                               1035 Fifth Avenue                                          18,664              0.04552%
                                            New York, New York 10028
                                                                                                    Number of            Percentage

Ronnie Glick                                1035 Fifth Avenue                                           1,696              0.00414%
                                            Apartment 14B
                                            New York, New York 10028
Claire Morse                                240 Lee Street                                              5,090              0.01241%
                                            Brookline, MA 02445-5915
Enid Morse                                  840 Park Avenue                                             5,090              0.01241%
                                            #7/8A
                                            New York, New York 10021
Lester Morse, Jr.                           840 Park Avenue                                            19,088              0.04655%
                                            #7/8A
                                            New York, New York 10021
Richard  Morse                              240 Lee Street                                              6,999              0.01707%
                                            Brookline, MA 02445
Leslie G. Berman                            1100 Reisterstown Road #202                                39,094              0.09534%
                                            Baltimore, MD 21208
Norman J. Cohen Living Trust                1547 Island Lane                                           17,025              0.04152%
  UAD 8/8/88                                Bloomfield Hills, MI 48302
Rochelle Fang                               135 W. 70th Street, Apt. 4F                                 6,767              0.01650%
                                            New York, NY 10023
Aaron H. Ginsberg Living Trust              Aaron H. Ginsberg, Trustee                                  4,597              0.01121%
  UAD 11/25/86                              30875 River Crossing
                                            Bingham Farms, MI 48025
Anne Ginsberg Living Trust                  Anne Ginsberg, Trustee                                      4,511              0.01100%
  UAD 7/27/98                               30875 River Crossing
                                            Bingham Farms, MI 48025
Sandra Greenstone                           10918 Kirwick                                              28,332              0.06909%
                                            Houston, TX 77024
Sharon Hart                                 5377 Old Pond Way                                          10,215              0.02491%
                                            West Bloomfield, MI 48323
Shirley Latessa                             Two Fifth Avenue, #12A                                      9,023              0.02200%
                                            New York, NY 10011
Max Levenson Trust                          Vivian Berry, Trustee                                       4,257              0.01038%
                                            10485 Elgin
                                            Huntington Woods, MI 48070
Estate of Fred H. Keidan                    Marian Keidan Seltzer, Conservator                          4,256              0.01038%
                                            7431 Woodlore Drive
                                            West Bloomfield, MI 48323
Lynn Morgan                                 9565 Rod Road                                               2,128              0.00519%
                                            Alpharetta, Georgia 30022
Vivian K. Berry and                         Vivian K. Berry Revocable Trust                             4,256              0.01038%
  Milton L. Berry, Trustee                  10485 Elgin
                                            Huntington Woods, MI 48070
                                                                                                    Number of            Percentage

Daniel Levenson                             1000 Old Carriage Court                                     2,128              0.00519%
                                            Apex, NC 27502
Dave Muskovitz Associates                   c/o Melvn Muskovitz                                        34,156              0.08330%
  Limited Partnership                       2101 Woodside
                                            Ann Arbor, MI 48104
Jerry Muskovitz                             6085 Ledgeway Drive                                        34,156              0.08330%
                                            West Bloomfield, MI 48322
Jerome Pershin Marital Trust                Helen Pershin, Trustee                                     22,771              0.05553%
  Dated 2/13/75                             25225 Franklin Park Drive
                                            Franklin, MI 48025
Ran Family Limited Partnership              2025 W. Long Lake Road                                      9,640              0.02351%
                                            Suite 104
                                            Troy, MI 48098
Phyllis Ring                                330 E. Strawberry Drive                                    10,215              0.02491%
                                            Mill Valley, CA 94941
Annette Stollman                            7500 N.E. Dolphin Drive                                     9,640              0.02351%
                                            Bainbridge Island, WA 98110
Bernard H. Stollman Living Trust            Bernard H. Stollman, Trustee                               29,437              0.07179%
  UAD 8/17/87                               2025 W. Long Lake Road
                                            Suite 104
                                            Troy, MI 48098
Gerald H. Stollman                          4864 Hidden Lane                                           17,025              0.04152%
                                            West Bloomfield, MI 48323
Melvyn J. Stollman Trust                    Bernard H. Stollman, Trustee                               29,481              0.07190%
                                            2025 W. Long Lake Road
                                            Suite 104
                                            Troy, MI 48098
Stollman Investments, LLC                   Gerald H. Stollman, Manager                                43,071              0.10504%
                                            2025 W. Long Lake Road
                                            Suite 104
                                            Troy, MI 48098
West Side Real Estate Corp.                 Bernard H. Stollman, President                              3,405              0.00830%
                                            2025 W. Long Lake Road
                                            Suite 104
                                            Troy, MI 48098
William S. Beinecke                         99 Park Avenue                                              1,946              0.00475%
                                            Suite 2200
                                            New York, New York 10016
Robert K. Kraft                             c/o Chestnut Hill Management Corp.                          1,946              0.00475%
                                            One Boston Place
                                            Boston, MA 02108
Robert J. Sharp                             121 Middlebrook Farm Road                                   1,946              0.00475%
                                            Wilton, CT 06897
                                                                                                    Number of            Percentage

Estate of Ross D. Siragusa                  c/o Melvyn H. Schneider                                    11,672              0.02846%
                                            Altschuler, Melvoin & Glass, LLP
                                            2029 Century Park East
                                            Suite 3100
                                            Los Angeles, CA 90007
Patricia D. Moore Trust No. 413             51267 Windsor Manor Court                                   6,687              0.01631%
                                            South Bend, IN 46530
The Enid Barden Trust of                    Enid Barden, Trustee                                       11,758              0.02867%
  June 28, 1995                             74 E. Long Lake Road
                                            Bloomfield Hills, MI 48304-2379
Fairway Property Company                    32270 Telegraph Road                                        5,324              0.01298%
                                            Suite 200
                                            Birmingham, MI 48025
David A. Gumenick                           30160 Orchard Lake Road - 110                               7,454              0.01818%
                                            Farmington Hills, MI 48334
David Herskovitz                            1055 Trailridge Lane                                        2,130              0.00519%
                                            Atlanta, GA 30338
Constance W. Jacob                          8344 Hendrie                                                2,662              0.00649%
                                            Huntington Woods, MI 48070
The Howard J. Leshman Revocable             Howard J. Leshman, Trustee                                  7,839              0.01912%
 Trust Dated May 20, 1983 as Amended        74 E. Long Lake Road
  and Restated on March 4, 1998             Bloomfield Hills, MI 48304-2379
Lyle Properties Limited Partnership         Marc W. Pomeroy, General Partner                           11,758              0.02867%
                                            74 E. Long Lake Road
                                            Bloomfield Hills, MI 48304-2379
David K. Page                               2290 First National Building                                7,986              0.01948%
                                            Detroit, MI 48226
Keith J. Pomeroy Trust of 12/13/76          Keith J. Pomeroy, Trustee                                  22,406              0.05464%
 as Amended and Restated 6/28/95            74 E. Long Lake Road
                                            Bloomfield Hills, MI 48304-2379
David Sillman                               6421 Inkster Road                                          31,965              0.07795%
                                            Suite 200
                                            Bloomfield Hills, MI 48301
Lionel J. Stober Trust                      Lionel J. Stober, Trustee                                   5,324              0.01298%
                                            6013 Shawdow Lake Drive
                                            Toledo, OH 43623
Ruth Stober                                 6670 Vachon Court                                           5,324              0.01298%
                                            Bloomfield Hills, MI 48301
Ari Stutz                                   732 W. Grace Street                                         2,662              0.00649%
                                            Apartment 2W
                                            Chicago, IL  60613
Jonah L. Stutz                              29757 Farmbrook Villa Lane                                  5,324              0.01298%
                                            Southfield, MI 48034
                                                                                                    Number of            Percentage

Leah Stutz                                  6677 Girvin                                                 2,662              0.00649%
                                            Oakland, CA 94611
Steven I. Victor Trust                      401 S. Old Woodward                                         5,324              0.01298%
                                            Suite 333
                                            Birmingham, MI 48009
Woodridge Properties Limited Partnership    Stephen R. Polk, Managing General                          15,972              0.03895%
                                            Partner
                                            26955 Northwestern Highway
                                            Southfield, MI 48034
Richard Bacas                               2413 N. Edgewood Street                                     2,136              0.00521%
                                            Arlington, VA  22207-4926
Julie Belinkie                              1120 Connecticut Ave NW, #1200                              7,854              0.01915%
                                            Washington, DC  20036
David Bender                                1120 Connecticut Ave NW, #1200                              7,854              0.01915%
                                            Washington, DC  20036
Jay Bender                                  12721 Maidens Bower Dirve                                   6,283              0.01532%
                                            Potomac, MD  20854-6052
Lisa Bender-Feldman                         2579 Eagle Run Lane                                         6,283              0.01532%
                                            Ft. Lauderdale, FL 33327
Scott M. Bender Revocable                   12700 Glen Mill Road                                        6,283              0.01532%
Trust dated 4/20/98                         Potomac, MD  20854
Barbara Bender-Laskow                       8303 Larkmeade Terrace                                      7,854              0.01915%
                                            Potomac, MD  20854
Caplin Family Investments, LLC              c/o Mortimer Caplin                                       111,705              0.27242%
                                            Caplin & Drysdale
                                            One Thomas Circle
                                            Washington, DC 20005
Michael A. Caplin                           8477 Portland Place, NW                                    26,284              0.06410%
                                            McLean, VA  22102
Jeremy O. Caplin                            360 Ardwood Road                                           39,425              0.09615%
                                            Earlysville, VA  22936
Catherine Caplin                            1219 Sunset Plaza Drive, #7                                32,854              0.08012%
                                            Los Angeles, CA  90069-1254
The Caplin Family Trust                     P.O. Box 854                                               32,854              0.08012%
                                            Pebble Beach, CA 93953
Estate of Yetta K. Cohen                    1650 Tysons Boulevard, #620                               150,991              0.36822%
                                            McLean, VA  22102
Community Realty Company, Inc.              6305 Ivy Lane, Suite 210                                  160,360              0.39107%
                                            Greenbelt, MD 20770
Benedict C. Cosimano                        3505 Fulton Street, NW                                      2,136              0.00521%
                                            Washington, DC  20007
                                                                                                    Number of            Percentage

Samuel Diener, Jr. Revocable Trust          Samuel Diener, M.D., Trustee                               16,758              0.04087%
                                            786 Eastern Point Road
                                            Annapolis, MD  21401
Clarence Dodge, Jr. Revocable Trust         5146 Palisade Lane                                        154,036              0.37565%
  dated 1/10/92                             Washington, DC  20016
Marcia Esterman Living Trust                Marcia Esterman, Trustee                                    7,900              0.01927%
                                            5709 Mayfair Manor Drive
                                            Rockville, MD  20852
Lydia Funger McClain                        12201 Lake Potomac Terrace                                 21,807              0.05318%
                                            Potomac, MD  20854
William S. Funger                           6 Great Elm Court                                          21,807              0.05318%
                                            Potomac, MD  20854
Keith P. Funger                             10530 South Glen Road                                      21,807              0.05318%
                                            Potomac, MD  20854
Morton Funger                               1650 Tysons Boulevard, #620                               150,898              0.36800%
                                            McLean, VA  22102
Bernard S. Gewirz                           1730 K Street, NW #1204                                    50,219              0.12247%
                                            Washington, DC  20006
Bernard and Sarah Gewirz Foundation         1730 K Street, NW #1204                                    16,000              0.03902%
                                            Washington, DC  20006
Carl S. Gewirz                              1730 K Street, NW #1204                                    23,071              0.05626%
                                            Washington, DC  20006
Steven B. Gewirz                            1730 K Street, NW  #1204                                    7,150              0.01744%
                                            Washington, DC  20006
Michael AK Gewirz                           1730 K Street, NW  #1204                                    9,534              0.02325%
                                            Washington, DC  20006
Diane Goldblatt                             Apt 420                                                     5,713              0.01393%
                                            10500 Rockville Pike
                                            Rockville, MD  20852
Herbert Goldblatt                           11936 Canfield Road                                         5,713              0.01393%
                                            Potomac, MD  20854
Barbara Goldman                             1624 Belvedere Boulevard                                    7,900              0.01927%
                                            Silver Spring, MD  20902
Theodore L. Gray                            1200 Jossie Lane                                            1,971              0.00481%
                                            McLean, VA  22102
Eileen Greenberg                            1120 Connecticut Ave NW, #1200                              7,854              0.01915%
                                            Washington, DC  20036
Hermen Greenberg                            1050 Connecticut Ave., NW #444                          1,006,836              2.45539%
                                            Washington, DC  20036
William Kaplan, Trustee                     19674 Waters End Drive, #1002                              83,779              0.20431%
 and all successor trustees of              Boca Raton, Florida 33434
 the William Kaplan Revocable Trust
 dated May 17, 2000
                                                                                                    Number of            Percentage

Herman Kraft                                Sunrise Assisted Living, #212                               2,628              0.00641%
                                            5910 Wilson Blvd.
                                            Arlington, VA  22205
Patricia A. Mancuso                         11912 Tallwood Court                                          493              0.00120%
                                            Potomac, MD  20854
Charles and Lupe Mancuso, T.B.T.E.          9421 Reach Road                                               493              0.00120%
                                            Potomac, MD  20854
Melanie F. Nichols                          21 Crescent Lane                                           21,801              0.05317%
                                            San Anselmo, CA  94960
Jeffrey W. Ochsman                          9505 Newbridge Drive                                       21,807              0.05318%
                                            Potomac, MD  20854
Bruce D. Ochsman                            8905 Hunt Valley Court                                     21,807              0.05318%
                                            Potomac, MD  20854
Ralph Ochsman                               1650 Tysons Boulevard, #620                               150,898              0.36800%
                                            McLean, VA  22102
Michael P. & Esther K. Ochsman              Tenants By the Entirety                                    21,807              0.05318%
                                            5600 Wisconsin Avenue
                                            Chevy Chase, MD  20815
Sharon Lynn Ochsman                         c/o Terri Weisenberger                                     21,807              0.05318%
                                            1650 Tysons Blvd. #620
                                            McLean, VA  22102
Wendy A. Ochsman                            90720 Holloway Hill Court                                  21,807              0.05318%
                                            Potomac, MD  20854
Ralmor Corporation                          c/o Terri Weisenberger                                    392,503              0.95721%
                                            1650 Tysons Blvd., #620
                                            McLean, VA  22102
Jerome Shapiro                              9511 Orion Court                                            7,903              0.01927%
                                            Burke, VA  22015
Sophie B. Shapiro Family Trust              c/o Bobbie Goldman                                         62,369              0.15210%
                                            1624 Belvedere Boulevard
                                            Silver Spring, MD  20902
Albert H. Small                             1050 Connecticut Ave., NW #444                          1,006,836              2.45539%
                                            Washington, DC  20036
David Stearman                              5630 Wisconsin Avenue, #1007                               83,779              0.20431%
                                            Chevy Chase, MD  20815
Juanita H. West Trust                       c/o Martin R. West III                                     19,255              0.04696%
                                            3 Farm Haven Court
                                            Rockville, MD  20852
Martin R. West, III                         3 Farm Haven Court                                          5,776              0.01409%
                                            Rockville, MD  20852
Arthur Baitch                               119 Swan Hill Court                                        14,785              0.03606%
                                            Baltimore, MD  21208
Stuart Brager                               6 Schloss Court                                             4,290              0.01046%
                                            Baltimore, MD  21208-1926
David C. Browne                             910 Rambling Drive                                         77,222              0.18832%
                                            Baltimore, MD  21228
C. Coleman Bunting, Jr.                     RD 1, Box 140                                              15,369              0.03748%
                                            Selbyville, DE  19975
Genine Macks Fidler                         4750 Owings Mills Blvd                                    101,126              0.24662%
                                            Owings Mills, MD  21117
Josh E. Fidler                              4750 Owings Mills Blvd                                     72,539              0.17690%
                                            Owings Mills, MD  21117
Thomas O'R. Frech                           16 Deer Woods Ct                                            9,473              0.02310%
                                            Glen Arm, MD  21057
Melvin Friedman, M.D.                       8108 Anita Rd.                                             10,738              0.02619%
                                            Baltimore, MD  21208
George H. Greenstein                        7724 Grasty Rd.                                             9,771              0.02383%
                                            Baltimore, MD  21208
Mildred Hemstetter                          47-H Queen Anne Way                                         2,123              0.00518%
                                            Chester, MD  21619
Sanford G. Jacobson                         Suite 616, 901 Dulaney Valley Rd.                          17,620              0.04297%
                                            Towson, MD  21204
James C. Johnson and                        3955 Olean Gateway                                          2,145              0.00523%
  Sandra J. Johnson                         Linkwood, MD  21835
William R. Kahn                             7903 Long Meadow Rd.                                        8,279              0.02019%
                                            Baltimore, MD  21208
Kanode Partnership                          8213 A Stevens Rd.                                         77,222              0.18832%
                                            Thurmont, MD  21788
Allan Krumholz and                          5404 Springlake Way                                         4,290              0.01046%
  Francine Krumholz                         Baltimore, MD  21212
Burton H. Levinson                          11 Slade Ave #316                                          22,947              0.05596%
                                            Baltimore, MD  21208
Eugene K. Lewis and                         842 Wyndemere Way                                           3,600              0.00878%
 Suzanne D. Lewis                           Naples, FL  34105
Arthur M. Lopatin Revocable Trust           11312 Wingfood Dr.                                          4,931              0.01203%
                                            Boynton Beach, FL  33437
Lawrence Macks                              4750 Owings Mills Blvd                                    173,664              0.42352%
                                            Owings Mills, MD  21117
Martha Macks                                3908 N. Charles St., #500                                  90,886              0.22165%
                                            Baltimore, MD  21218
                                                                                                    Number of            Percentage

Morton J. Macks                             4750 Owings Mills Blvd                                    343,442              0.83756%
                                            Owings Mills, MD  21117
Joseph M. Mosmiller                         687 Ardmore Lane                                            4,290              0.01046%
                                            Naples, FL  34108
N & C Partnership                           P.O. Box 26260                                              9,982              0.02434%
                                            Baltimore, MD 21210
Orlinsky Family Limited Partnership         899 N.E. 32nd Street                                        2,145              0.00523%
                                            Boca Raton, FL  33431
Albert Perlow                               7903 Winterset Ave.                                         4,290              0.01046%
                                            Baltimore, MD  21208
Anne Louise Perlow                          10 Talton Court                                             6,435              0.01569%
                                            Baltimore, MD  21208
Alleck A. Resnick                           3402 Old Forest Rd.                                         4,290              0.01046%
  Harriet Resnick                           Baltimore, MD  21208
Stanley Safier                              6210 Frankford Ave.                                         4,290              0.01046%
                                            Baltimore, MD  21206
Arnold Sagner                               PO Box 416                                                 11,065              0.02698%
                                            Ellicott City, MD  21041
Donald I. Saltzman                          3407 Engelmeade Rd.                                         5,434              0.01325%
                                            Baltimore, MD  21208
Murray Saltzman                             8216 N.W. 80th Street                                       2,145              0.00523%
                                            Tamarac, FL  33321
William G. Scaggs                           1520 Royal Palm Way                                         8,579              0.02092%
                                            Boca Raton, FL  33432
Earle K. Shawe                              c/o Shawe & Rosenthal                                      29,645              0.07230%
                                            20 S. Charles Street
                                            Baltimore, MD  21201
Steven D. Shawe                             Shawe & Rosenthal                                           5,014              0.01223%
                                            20 S. Charles Street
                                            Baltimore, MD  21201
Karolyn Solomon                             3706 Breton Way                                             4,991              0.01217%
                                            Baltimore, MD  21208-1707
William B. Warren                           Dewey  Ballantine LLP                                       2,145              0.00523%
                                            1301 Avenue of Americas
                                            New York, NY  10019
Robert M. Wertheimer                        9 Greenlea Drive                                            2,145              0.00523%
                                            Baltimore, MD  21208
Leonard Klorfine                            1105 Bryn Tyddyn Drive                                    170,312              0.41534%
                                            Gladwyne, PA 19035
                                                                                                    Number of            Percentage

Greenacres Associates                       1105 Bryn Tyddyn Road                                      59,896              0.14607%
                                            Gladwyne, PA 19035
Ridley Brook Associates                     1105 Bryn Tyddyn Road                                      97,917              0.23879%
                                            Gladwyne, PA 19035
Community Investment Strategies, Inc.       120 Albany Street                                          64,150              0.15644%
                                            8th Floor
                                            New Brunswick, New Jersey 08901
Louis J. Siegel                             The Siegel Organization                                       143              0.00035%
                                            20 Pleasant Ridge Drive
                                            Suite A
                                            Owings Mills, MD 21117
Andrew N. Siegel                            71 Beecham Court                                              143              0.00035%
                                            Owings Mills, MD 21117
Ronald Altman                               38 Crawford Road                                          162,062              0.39522%
                                            Harrison, NY 10528
Cottonwood Associates                       c/o The Gateside Corporation                                2,446              0.00597%
                                            555 Theodore Fremd Avenue
                                            Suite B-304
                                            Rye, New York 10580
Estate of David M. Dolgenos                 Ronald Altman, Executor                                   556,675              1.35758%
                                            Weissbarth, Altman & Michaelson
                                            156 W. 56th Street
                                            New York, New York 10019
Norman Feinberg                             c/o The Gateside Corporation                              162,057              0.39521%
                                            555 Theodore Fremd Avenue
                                            Suite B-304
                                            Rye, New York 10580
Gateside-Bryn Mawr Company, L.P.            c/o The Gateside Corporation                                5,603              0.01366%
                                            555 Theodore Fremd Avenue
                                            Suite B-304
                                            Rye, New York 10580
King Road Associates                        c/o The Gateside Corporation                               22,899              0.05584%
                                            555 Theodore Fremd Avenue
                                            Suite B-304
                                            Rye, New York 10580
Sagar Points, Inc.                          c/o Parker Chapin - J.  Poretsky                           58,858              0.14354%
                                            Parker Chapin LLP
                                            405 Lexington Avenue
                                            New York,  New York 10174
                                                                                                    Number of            Percentage

Staf-Arms Corp.                             c/o Parker Chapin - J.  Poretsky                          225,689              0.55039%
                                            Parker Chapin LLP
                                            405 Lexington Avenue
                                            New York,  New York 10174
Helene Sterling Trust Under                 Helene Sterling, Trustee                                    6,398              0.01560%
  Trust dated 4/14/89                       12 Schoolhouse Lane
                                            Great Neck, New York 11020
Macomb Apartments Limited Partnership       David Schostak                                            151,672              0.36989%
                                            25800 Northwestern Highway
                                            Suite 750
                                            Southfield, MI 48075
Deerfield Woods Venture Limited             David Schostak                                             72,684              0.17726%
  Partnership                               25800 Northwestern Highway
                                            Suite 750
                                            Southfield, MI 48075
Lois M. Brodsky                             55 Woods Lane                                              29,324              0.07151%
                                            Boynton Beach, Florida 33436
Roni Slavin Pekins                          10 Beards Landing                                           5,865              0.01430%
                                            Durham, New Hampshire 03824
Evelyn Schabb                               3402 Old Court Road                                        29,324              0.07151%
                                            Baltimore, MD 21208
The Slavin Children Trust                   c/o Bruce G. Philipson, Trustee                            58,649              0.14303%
                                            8601 Georgia Avenue, Suite 1001
                                            Silver Spring, MD 20910
Doris E. Slavin                             6912 Barrett Lane                                         117,297              0.28605%
                                            Bethesda, MD  20814
James M. Slavin                             6308 Lenox Road                                            14,662              0.03576%
                                            Bethesda, MD 20817
Jeffrey Zane Slavin                         4620 North Park Avenue                                      5,865              0.01430%
                                            1104 West
                                            Chevy Chase, MD 20815
Jonathan M. Slavin                          6308 Lenox Road                                            14,662              0.03576%
                                            Bethesda, MD 20817
Sanford Slavin                              6912 Barrett Lane                                         158,352              0.38618%
                                            Bethesda, MD 20814
SS Associates, LLC                          c/o Sanford Slavin, Member                                  5,865              0.01430%
                                            200-A Monroe Street, Suite 105
                                            Rockville, MD 20850
TOTAL UNITS/INTERESTS                                                                          41,005,093.899               100.00%
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