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FOR IMMEDIATE RELEASE
Contact: Bob Miller/Joseph Howse
Marx Layne & Company
248-855-677

200 River Place Lofts
The Riverfront's Residential Crown Jewel

FARBMAN GROUP PRESENTS DETROIT'S FIRST EVER FOR-SALE LUXURY TIMBER LOFTS

Detroit, MI (June 3, 2002) Farbman Group is pleased to unveil 200 River Place Condominium, its premiere Timber Loft residential property located along the shores of the bustling Detroit River in the historic Stroh River Place District. 200 River Place is the final adornment that completes this dynamic and elegant community adjacent to the Omni Detroit hotel at McDougal and River Place.

Surrounded by Detroit's finest dining and moments away from the city's hottest spots, 200 River Place introduces a unique feature luxurious living on the riverfront in Farbman Group-conceived "loftominiums."

Loft living at 200 River Places offers the excitement and opportunity of the city, while paying special attention to the amenities that might not be expected in a loft, but make these homes a jewel along the river.

Every residence at 200 River Place has been "Zinged," an exciting new technology that provides internet access at a rate of over 100 times faster than cable or DSL. The property is part of a Neighborhood Enterprise Zone, significantly reducing property taxes compared to units elsewhere.

200 River Place Lofts renders a complete luxury lifestyle. Unique curved walls draw you into the living area, while rich maple and slate flooring enhance the style. Wood beam ceilings, up to 17 feet high, and exposed brick give each home a distinctive personality. Soaring windows and natural gas fireplaces complete the luster of the property.

Spacious contemporary kitchens boast convenient modern appliances and granite countertops. Expansive bedroom suites provide the utmost in class and comfort, while rooftop gardens in select units offer sunlit river views. Residents also enjoy the convenience of indoor parking. Homes on the 4th floor feature steel spiral staircases leading to beautiful rooftop gardens.

"200 River Place reflects Farbman Group's passion for rehabilitating Detroit's incredible historic properties," said President and Chief Executive Officer David Farbman. "The integrity of the original building is retained, original materials are exposed as much as possible."

In the 1920's, renowned Detroit architect Albert Kahn sold the building to Stroh. Today, 200 River Place takes its prominent place in the renaissance of Detroit.

For more information about the exciting, eclectic elegance that is 200 River Place, please contact Larry Leszczynski at 313-393-9200.

Farbman Group is metro Detroit's leading full-service real estate company. Farbman Living offers superior value, excellent quality, desirable locations and outstanding amenities in its residential portfolio. Visit us online at www.farbman.com.