The principal activities of the group is to own, lease and operate commercial real estate properties. the properties are leased to retail tenants and for office space users. the properties of the company are located in brooklyn and jamaica in new york city, in levittown, long island, new york, in fishkill, dutchess county, new york and in circleville, ohio. rentals on real estate properties accounted for 96% of fiscal 2001 revenues and rentals from affiliates, 4%.