REonomy.com: The Knowledge of Real Estate Debuts Most Advanced Real Estate Information Web Site for Professionals Working in NYC and N.J. -Web Site Offers Integrated and Never-before-Seen Tools Through a
Single Platform for a Fraction of Competitors' Costs

NEW YORK----REonomy.com: The Knowledge of Real Estate launched Friday, marking the first time an online information provider has integrated parcel data and comprehensive property research tools with a MLS and advanced marketing tools in one location. The new site offers the ultimate set of tools for commercial and residential real estate professionals working throughout NYC's five boroughs and the majority of New Jersey, where no site currently matches REonomy.com's breadth of service. REonomy.com provides greater value than existing Web-based systems by enhancing tools that are needed by the industry on a daily basis. The metro area's only fully integrated system, REonomy.com serves the needs of many job functions, regardless of whether the end-user is a broker, agent, development/management company, lender, third-party analyst, or private equity firm.

"I am excited and confident about launching REonomy.com in the current economy because it's not only a significantly more advanced real estate site than any other that exists today, but it services both the commercial and residential sectors," said Charles Oshman, partner and co-founder of REonomy.com. "We're also offering free and paid memberships for a fraction of the cost. Yearly memberships to competing sites cost approximately 42-60 percent more, helping companies to considerably lower their overhead."

REonomy.com's core features include:

    * Property reports
    * General and client-specific listing searches
    * 3-D maps with integrated parcel data
    * 3-D bulk study renderings
    * Mobile property reports (for any mobile device with E-mail)
    * Custom cold-call list creation
    * Ability to identify tenants looking for space
    * Downloadable offer sheet templates
    * Personal lead-generating microsites
    * Business networking capabilities
    * More!

"There are numerous features that will truly distinguish REonomy.com from its competitors," said Jonathan Arnold, partner and co-founder of REonomy.com. "One of the features never before available to the public is the site's 3-D bulk study renderings. With the very confusing zoning laws of NYC, it's often difficult to figure out what potential, if any, a property has for development, redevelopment or expansion. REonomy.com has created a program that allows users to click on any property in NYC to generate a comparative 3-D rendering of the largest possible building that could be built on the site as of right."

REonomy.com also boasts the most advanced application of Microsoft Virtual Earth to date. The application overlays property parcel maps on geographic coordinates, allowing users to seamlessly "fly around" 2-D and 3-D maps of NYC. While doing so, users can right-click on any building to retrieve its complete property report, including property description, title documents, property taxes, zoning analysis, gross area data, property income and expense reports, and recent comparable transactions within a one-mile radius.

"The integration between REonomy.com and Microsoft Virtual Earth gives people a complete and easy way to gather property information, and make decisions in a visually friendly format that includes 3-D imagery," said Chris Sampson, director of Virtual Earth at the Microsoft Corporation.

REonomy.com offers a variety of yearly memberships designed to accommodate different needs and budgets - from independent practitioners to entire brokerages. Basic membership is free and allows users to post events and listings, as well as access the site's directory, and network event calendar. Premium membership is offered on three levels and allows users partial to full access, ranging from $500 to $560 per year. The biggest difference between basic and premium membership is the inclusion of the site's indispensible maps and 3-D bulk study renderings. All premium memberships may be paid on a monthly, quarterly or annual basis. REonomy.com will also make up any months remaining on a subscription with a competing service by adding those months onto a new membership at no additional cost.

About REonomy.com: The Knowledge of Real Estate

REonomy.com: The Knowledge of Real Estate is the first information provider to integrate parcel data and comprehensive property research tools with a multiple listing service and advanced marketing tools in one location. The Web site is the ultimate set of tools for real estate professionals working throughout New York City's five boroughs and the majority of New Jersey. Founded by Charles Oshman and Jonathan Arnold, REonomy.com offers greater value than existing Web-based systems by enhancing indispensable industry data, tools and services, and developing new tools through a single platform, which allows data to be cross-referenced for a fraction of the cost. For more information, please visit www.REonomy.com.