300 D Street, SW – C21 Washington, DC 20024 202/554-5053 fax 202/488-3711 merchandisemart.com/dcdesigncenter

FOR IMMEDIATE RELEASE

Photography Available upon Request

Contact: Bethany L. Carter

Director of Marketing

202/646-6109 bcarter@mmart.com

THE GRACIOUS ROOM FALL 2004 DESIGN HOUSE OPENS AT

THE WASHINGTON DESIGN CENTER

9 Regional Designers Create Gracious Living Spaces

[Washington, DC] – September 17, 2004 - The Washington Design Center announces the opening of the Gracious Room Fall 2004 Design House on Friday, September 24, 2004. The Gracious Room is sponsored in partnership with Southern Accents Magazine and includes 9 redesigned spaces created by regional designers and architects. The Gracious Room Fall 2004 Design House opens September 24th and will remain open six days per week through December 18, 2004.

In it’s sixteenth iteration, Design House has developed over the last eight years as the preeminent showcase for local design talent to showcase the luxury products available exclusively through Washington Design Center showrooms. Design House is a unique showcase of top designers from the region along with the finest home furnishings and building products available in the market today. Design House offers Washingtonians a first-hand opportunity to see, feel and experience great design. Visitors will be inspired to create the home of their dreams.

The nine new spaces designed by the participating designers below for The Gracious Room Fall 2004 Design House include:

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The Gracious Room

Fall 2004 Design House

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An opening party charity event for The Gracious Room Fall Design House will be held on Thursday, September 23, from 6-8pm with proceeds from ticket sales to benefit the National Trust for Historic Preservation. This cocktail event is an engaging opportunity for the design community and the general public to view the new decorator showhouse, meet the participating design teams, and support a worthwhile community organization that works to provide leadership, education and advocacy to save America’s diverse historic places and revitalize our communities . Tickets are $55 per person or $100 for two, and may be reserved by phoning 202-646-6108. Valet parking will be available at the front entrance.

The public is welcome to visit The Gracious Room Fall 2004 Design House weekdays from 10am-5pm and on Saturdays from 10am-3pm; admission is free. More information is available by phoning 202-646-6108 or by visiting merchandisemart.com/dcdesigncenter.

The Washington Design Center is located at 300 D Street, SW in Washington, DC, above the Federal Center SW Metro Station served by the Orange and Blue lines. To learn more about The Washington Design Center’s showrooms, programs and special events call 202/646-6118 or visit the Design Center online at merchandisemart.com/dcdesigncenter.

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Merchandise Mart Properties, Inc. (MMPI) is an asset and property management firm, which specializes in managing buildings devoted to wholesale showrooms and commercial office space, and much of its staff’s efforts are devoted to the marketing and promotion of these spaces on a day-to-day basis. Expert in trade show management and production, MMPI produces more than 300 trade shows, market events and conferences each year. MMPI prides itself on the vision and ability to foster and sustain productive partnerships crucial to the vitality of the industries it serves.

MMPI manages The Merchandise Mart, Chicago Apparel Center, and 33 North Dearborn in Chicago; Market Square, the Suites at Market Square, Hamilton Market, Furniture Plaza and the National Furniture Mart in High Point, N.C.; the Architects & Designers Building in New York; the L.A. Mart in Los Angeles; and the Washington Design Center and Washington Office Center in Washington, D.C. In addition to its properties, MMPI produces and manages trade and consumer shows in Chicago; New York City; Los Angeles; Atlanta, Ga.; Washington, D.C.; High Point, N.C.; Toronto, Ont., Canada; and Edmonton, Alta., Canada.

Vornado Realty Trust, owner of MMPI, based in Paramus, New Jersey, is a fully integrated equity real estate investment trust. Vornado Realty Trust is led by Steven Roth, Chairman of the Board/Chief Executive Officer, Michael Fascitelli, President, and Joseph E. Hakim, Chief Operating Officer. Vornado’s common shares are listed on the New York Stock Exchange and are traded under the symbol VNO.