THE LIGHTSTONE GROUP ANNOUNCES LEASE RENEWAL WITH FORREST LAUNDRY AT LARCHMONT COMMONS SHOPPING CENTER IN MOUNT LAUREL NJ

LAKEWOOD, NJ -- (November 6, 2006) – The Lightstone Group, one of the largest private real estate owners in the country, is announcing that Forrest Laundry is renewing its lease at the Larchmont Commons Shopping Center, a 127,000-square-foot neighborhood mall in Mount Laurel Township NJ.

Forrest Laundry will continue to lease its 1,200 square foot space for seven more years.

“We are always pleased when our tenants decide to stay,” said Jeffrey Dash, Vice President of Retail Leasing for The Lightstone Group. “We pride ourselves on our ability to maintain existing tenants and on our reputation for filling vacancies.”

Larchmont Commons Shopping Center is la neighborhood mall located on Route 38 at Ark Road, one mile south of Route 295. This center is anchored by AAA Vacation Store, Burger King, Novacare Rehabilitation Center and Tot Time Child Development.