On December 29, 2023, New England Realty Associates Limited Partnership will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of December 15, 2023. The quarterly distribution per Class A Limited Partnership Unit will be $12.00 per Unit. The quarterly distribution per Depositary Receipt will be $0.40.

Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.