RE: Consulting and Advisory Agreement ("Advisory Agreement"), dated July 31, 1992 Dear Mr. Wilensky, This letter confirms that the above-referenced Advisory Agreement between CV Reit, Inc. and Hilcoast Advisory Services, Inc. is hereby extended...

Exhibit (10)(xxvi)



                                             July 12, 1996



Xx. Xxxxx Xxxxxxxx
Chairman of the Board
CV Reit, Inc.
000 Xxxxxxx Xxxx.
West Palm Beach, FL  33417

          RE:  Consulting and Advisory Agreement
               ("Advisory Agreement"), dated July
               31, 1992

Dear Xx. Xxxxxxxx,

     This letter confirms that the above-referenced Advisory
Agreement between CV Reit, Inc. and Hilcoast Advisory Services,
Inc. is hereby extended through July 31, 1997 under the same
terms and conditions set forth in the Advisory Agreement.


                              Very truly yours,

                                /s/ Xxxx Xxxxxx

                              Xxxx Xxxxxx
                              Executive Vice President


Agreement Acknowledged:

CV REIT, Inc.

       /s/ Xxxxx Xxxxxxxx
By:______________________________________
    Xxxxx Xxxxxxxx, Chairman of the Board

Dated:    August 8, 1996