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                                                                     EXHIBIT 21




                   LIST OF SUBSIDIARIES OF PRESIDENTIAL REALTY
                       CORPORATION DATED DECEMBER 31, 2000



(1)      PDL, Inc. organized under the laws of the State of Delaware, which
         carries on business under its own name.

(2)      Presidential Realty of Iowa, Incorporated, organized under the laws of
         the State of Iowa, which carries on business under its own name.

(3)      Presidential Continental Gardens Corp., organized under the laws of the
         State of Florida, which carries on business under its own name.

(4)      Fairlawn Gardens Corp., organized under the laws of the State of West
         Virginia, which carries on business under its own name.

(5)      Presidential Sunwood Corp., organized under the laws of the State of
         Florida, which carries on business under its own name.

(6)      Presidential Farrington Corp., organized under the laws of the State of
         Florida, which carries on business under its own name.

(7)      Presidential Preston Lake Corp., organized under the laws of the State
         of Georgia, which carries on business under its own name.


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