Market Overview

Clipper Realty Inc. to Report Second Quarter 2018 Financial Results

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Clipper Realty Inc. (NYSE:CLPR) (the "Company"), an owner and operator
of multifamily residential and commercial properties in the New York
metropolitan area, today announced that it will release financial
results for the quarter ended June 30, 2018, after the market closes on
Wednesday, August 8, 2018. The Company will host a conference call the
next day, Thursday, August 9, 2018, at 10:00 AM (ET) to discuss the
financial results.

The conference call can be accessed by dialing (800) 346-7359 or (973)
528-0008, conference entry code 707103. A replay of the call will be
available from August 9, 2018, following the call, through August 23,
2018, by dialing (800) 332-6854 or (973) 528-0005, replay conference ID
707103.

About Clipper Realty

Clipper Realty is a self-administered and self-managed real estate
company that acquires, owns, manages, operates and repositions
multifamily residential and commercial properties in the New York
metropolitan area, with a portfolio in Manhattan and Brooklyn. For more
information on the Company, please visit www.clipperrealty.com.

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