EX-21 7 ex21-1.txt EXHIBIT 21.1 - SUBSIDIARIES Exhibit 21.1 Subsidiaries of the Registrant The following is a list of subsidiaries of the registrant with the respective state of organization as of December 31, 2003: Subsidiary State ----------------------------------------------- -------- Wellsford Capital.............................. Maryland Wellsford Capital Properties, L.L.C............ Delaware Wellsford Finance, L.L.C....................... Delaware Second Holding Company, LLC.................... Delaware Belford Capital Management, L.L.C.............. Delaware Belford ZMTN Company, L.L.C.................... Delaware Wellsford CRC Holding Corp..................... Maryland Clairborne Fordham Tower, LLC.................. Delaware Creamer Vitale Wellsford L.L.C................. Delaware Wellsford Fordham Tower, L.L.C................. Delaware Wellsford Park Highlands Corp.................. Colorado Park at Highlands L.L.C........................ Colorado Red Canyon at Palomino Park L.L.C.............. Colorado Silver Mesa at Palomino Park L.L.C............. Colorado Green River at Palomino Park L.L.C............. Colorado Gold Peak at Palomino Park L.L.C............... Colorado Palomino Park Telecom L.L.C.................... Colorado Parkside Cafe at Palomino Park, Inc............ Colorado Palomino Park Owners Association............... Colorado Palomino Park Public Improvements Corp......... Colorado Silver Mesa Homeowners Association............. Colorado Wellsford Commercial Properties Trust.......... Maryland Wellsford/Whitehall Group, L.L.C............... Delaware Wellsford Ventures, Inc........................ Maryland WRP Convertible Trust I........................ Delaware Wellsford Mantua LLC........................... Delaware East Lyme Housing Ventures, LLC................ Delaware