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Real Estate/Development

Sep. 10, 2002

LETTER TO THE EDITOR

The article from your July 15 publication ["Realty Stocks Sink on Business, Terrorism Concerns"] erroneously reports that Chelsea Property Group (NYSE: CPG) was the worst performing REIT stock for the month of May and the second worst for the year to date.

        The article from your July 15 publication ["Realty Stocks Sink on Business, Terrorism Concerns"] erroneously reports that Chelsea Property Group (NYSE: CPG) was the worst performing REIT stock for the month of May and the second worst for the year to date.
        
        The halving of our stock price at the end of May was due to a 2-for-1 s...

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