ADVISORY/AvalonBay Communities Inc. Breaks Ground OnAvalon Riverview in New York City.

Business Editors

ADVISORY...for Thursday (Dec. 14)

--(BUSINESS WIRE)

WHO: New York Governor George Pataki, New York City Mayor Rudolph Giuliani and
Chairman of the Empire State Development Corp, Charles Gargano will join
AvalonBay Communities Chairman and CEO, Dick




				

				
				 
				


 Michaux, President and Chief
Operating Officer, Bryce Blair and New York Vice President Fred Harris in a
groundbreaking ceremony for Avalon Riverview, a luxury high-rise apartment
community on the Queens West waterfront in New York City that will revitalize
an area formerly dominated by industry. Avalon Riverview brings 372 apartment
homes to the metro area and adds a vital residential component to the urban
renewal of Queens West. Mr. Michaux, Mr. Blair and Mr. Harris are available for
media interviews after the ceremony. WHEN: Thursday, December 14, 2000 11:00
a.m. WHERE: Center Boulevard between 49th and 50th Streets on the Queens side
of the East River. THE COMMUNITY: The $102 million development will offer
residents an array of high-rise amenities, including a 24-hour concierge
service, state-of the-art fitness center, and business center with Internet
access.

Residents of Avalon Riverview have convenient access to

Manhattan's fine dining, world-class shopping and vibrant

culture, as the community is only a short walk from subway

access to Manhattan.

For more information, press only:

Shaun Wiley, Grant/Jacoby Public Relations, 312-988-4146,

swiley@grantjacoby.com

Heather Boggs, Grant/Jacoby Public Relations, 312-664-2055,

hboggs@grantjacoby.com