ALLSTON, Mass., Dec. 3 /PRNewswire-FirstCall/ -- On December 31, 2008, New England Realty Associates Limited Partnership will make a distribution to its Class A Limited Partners and holders of Depositary Receipts. Class A Limited Partners and holders of Depositary Receipts of record as of December 15, 2008, will be entitled to a quarterly distribution in the amount of $7.00 per Class A Partnership Unit, or $.70 per Depositary Receipt. Each Depositary Receipt represents a beneficial ownership of one-tenth of a Class A Partnership Unit. Depositary Receipts are listed on Amex under the trading symbol "NEN". DATASOURCE: New England Realty Associates LP CONTACT: Sally Starr of New England Realty Associates LP, +1-617-850-7244,

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