OPERATING A 107-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NANUET, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPT. OF HOUSING & URBAN DEVELOPMENT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE ENTITY IS ALSO SUBJECT TO SECTION 8 RENTAL ASSISTANCE CONTRACT AS OF AUGUST 1982.