WASHINGTON CENTRE SHOPS, L.P.
PORT RICHMOND ASSOCIATES, LLC
ACADEMY STORE, L.P.
GREENTREE ROAD LAND, INC.
0000 XXXXXXXXXXX XXXXXX
XXXXXXXX, XXX XXXX 00000
July 12, 2001
VIA FEDERAL EXPRESS
(next business day delivery)
----------------------------
Cedar Income Fund Partnership, L.P.
00 Xxxxx Xxxxxx Xxxxxx
Xxxx Xxxxxxxxxx, Xxx Xxxx 00000
Attn: Xxx X. Xxxxxx
Re: Agreement of Sale dated as of May 15, 2001
for properties in Philadelphia, Pennsylvania
and Xxxxxx, New Jersey (the "Agreement")
---------------------------------------------
Ladies and Gentlemen:
In accordance with Section 2.2(b) of the Agreement, this letter serves
as Seller's written notice to Purchaser of Seller's electon to extend the
Closing Date to 10:00 a.m. on Thursday, August 16, 2001, during which xxxx
Xxxxxx shall seek to obtain additional Tenant Estoppels from Tenants.
Unless otherwise defined herein, all capitalized terms shall have the
meanings ascribed to them, respectively, in the Agreement.
Very truly yours,
WASHINGTON CENTRE SHOPS, L.P.,
By: Washington Centre Land, Inc.,
its sole general partner
PORT RICHMOND ASSOCIATES, LLC
By: Port Richmond Land, inc.,
its managing member
ACADEMY STORE, L.P.
By: Academy Land, Inc.,
its sole general partner
By: /s/ Xxxxxx X. Xxxxxx
-------------------------
Name: Xxxxxx X. Xxxxxx
Title: President
cc: Cedar Bay Realty Advisors, Inc.
00 Xxxxx Xxxxxx Xxxxxx
Xxxx Xxxxxxxxxx, Xxx Xxxx 00000
Attn: Xxxxxx X. Xxxxxxxx, Esq.
(via Federal Express; next business day delivery)
Xxxxx Xxxxxxx Xxxxxxx & Xxxxx LLP
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxxxx X. Xxxxxxxxxx, Esq.
(via Federal Express; next business day delivery)
