AGREEMENT REGARDING FILING OF SCHEDULE 13D
------------------------------------------
This will confirm the agreement by an among all of the undersigned that
the Schedule 13D filed on or about this date with respect to the beneficial
ownership of the undersigned of shares of common stock, par value $1.00 per
share, of Avatar Holdings Inc. is being filed, and all further amendments
thereto will be filed, jointly on behalf of each of the undersigned for all
purposes specified in such Schedule 13D, as so amended. This Agreement may be
executed in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.
Dated: February 2, 1998
ODYSSEY PARTNERS, L.P.
/s/ Xxxxxx Xxxx
-------------------------------------
Name: Xxxxxx Xxxx
Title: General Partner
/s/ Xxxx Xxxx
-------------------------------------
Xxxx Xxxx
NYFS04...:\28\66228\0233\2286\AGR1318U.260