New England Realty Associates
Limited Partnership NEN today announced that on September 9,
2011, it received a notification letter from the Corporate Compliance
Department of the NYSE Amex Exchange indicating that as of
June 30, 2011, the Partnership is not in compliance with the minimum
stockholders' equity requirement for continued listing of the Partnership's
Depositary Receipts on the NYSE Amex as set forth in Section 1003 of the
NYSE Amex Company Guide, which requires the Partnership
to have a minimum stockholders' equity of at least $2 million or net profits
and profits from continuing operations in two out of the three most recent
fiscal years.
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