REonomy.com: R.E. website revolutionizes property info available to professionals in N.Y.C. and N.J.

REonomy.com: The Knowledge of Real Estate, launched this month, marking one of the first times an online information provider has integrated property data and comprehensive property research tools with a MLS and advanced marketing tools in one location. The new site offers the ultimate set of tools for commercial and residential real estate professionals working throughout the city's five boroughs and the majority of N.J., where no site currently matches REonomy.com's breadth of service. REonomy.com provides greater value than existing web-based systems by enhancing tools that are needed by the industry on a daily basis. As one of the metro area's only fully integrated systems, Reonomy.com serves the needs of many job functions, regardless of whether the end-user is a broker, agent, development/management company, lender, third-party analyst, or private equity firm. "I am excited and confident about launching REonomy.com in the current economy because it's not only a significantly more advanced real estate site than any other that exists today, but it services both the commercial and residential sectors," said Charles Oshman, partner and co-founder of REonomy.com. "We're also offering free and paid memberships for a fraction of the cost. Yearly memberships to competing sites cost approximately 42-60% more, helping companies to considerably lower their overhead." After launching two weeks ago, the site is already receiving praise from the real estate community at large. Judson Kauffman, an investment specialist for Marcus & Millichap's Net Leased Properties Group and National Retail Group, said, "REonomy.com is better than anything else I have used in the past. In this tough market, any tool that lets teams operate on a level above the competition is more important than ever." Frederick Fackelmayer, a senior financial analyst for CB Richard Ellis' Consulting Group, said, "REonomy.com embodies what every useful real estate application should strive towards. Reliable information that's easily accessible all from one source." REonomy.com's core features include: * Property reports. * General and client-specific listing searches. * 3-D maps with integrated parcel data. * 3-D bulk study renderings. * Mobile property reports (for any mobile device with e-mail). * Custom cold-call list creation. * Ability to identify tenants looking for space. * Downloadable offer sheet templates. * Personal lead-generating microsites. * Business networking capabilities. "There are numerous features that will distinguish REonomy.com from its competitors," said Jonathan Arnold, partner and co-founder of REonomy.com. "One of the features never before available to the public is the site's 3-D bulk study renderings. With the very confusing zoning laws of the city, it's often difficult to figure out what potential, if any, a property has for development, redevelopment or expansion. REonomy.com has created a program that allows users to click on any property in the city to generate a comparative 3-D rendering of the largest possible building that could be built on the site as of right." REonomy.com also has one of the most advanced applications of Microsoft Virtual Earth to date. The application overlays property parcel maps on geographic coordinates, allowing users to seamlessly "fly around" 2-D and 3-D maps of the city. While doing so, users can right-click on any building to retrieve its complete property report, including property description, title documents, property taxes, zoning analysis, gross area data, property income and expense reports, and recent comparable transactions within a one-mile radius. "The integration between REonomy.com and Microsoft Virtual Earth gives people a complete and easy way to gather property information, and make decisions in a visually friendly format that includes 3-D imagery," said Chris Sampson, director of Virtual Earth at the Microsoft Corp. How to Subscribe to REonomy.com REonomy.com offers a variety of yearly memberships designed to accommodate different needs and budgets - from independent practitioners to entire brokerages. Basic membership is free and allows users to post events and listings, as well as access the site's directory, and network event calendar. Premium membership is offered on three levels and allows users partial to full access. The difference between basic and premium membership is the inclusion of the site's maps and 3-D bulk study renderings. All premium memberships may be paid on a monthly, quarterly or annual basis. For a limited time, REonomy.com will also make up any months remaining on a subscription with a competing service by adding those months onto a new membership at no additional cost. For more information, please visit www.REonomy.com or call (212) 533-3991. A virtual tour of the site is also available at http://www.reonomy.com/Tour/Tour.aspx.