CHARLES FRISCHER
                               30 West 63rd Street
                                     Apt 12
                               New York, NY 10023

                                  July 5, 2007


VIA FACSIMILE AND
FEDERAL EXPRESS

New England Realty Associates Limited Partnership
39 Brighton Avenue
Allston, Massachusetts 02134

Attn:  Ronald Brown
       President

Dear Mr. Brown:

      Together with Mr. Steven Berger and Mr. Jon Goodman we collectively own
82,243 depositary receipts of New England Realty Associates Limited Partnership,
a Massachusetts limited partnership (the "Partnership"). On behalf of myself and
Messrs. Berger and Goodman, this letter is to advise you that the consent being
sought pursuant to the Partnership's Proxy Statement filed with the Securities
and Exchange Commission on June 28, 2007 (the "Proxy Statement") pursuant to
which the Partnership is seeking the consent of limited partners and depositary
receipt holders of the Partnership (collectively, "Limited Partners") to the
appointment of three individuals to the Advisory Committee of the Partnership
does not comply with the terms of the Second Amended and Restated Contract of
Limited Partnership of the Partnership (the "Partnership Agreement"). In
addition, the Proxy Statement is significantly deficient in its disclosure
regarding the consent being sought. In light of the foregoing, we demand that,
at a minimum, the Proxy Statement be modified to comply with the Partnership
Agreement and applicable law.

      Let us explain:

      First , Section 14.11 of the Partnership Agreement provides "in the event
of a vacancy in the membership of the Advisory Committee the remaining members
thereof may elect a successor thereto, subject to the approval, within a period
of sixty days after the date of the notices referred to hereinafter, of the
holders of a majority of the Limited Partnership Units, voting thereon as a
single class." The Proxy Statement does not provide for an appointee to fill a
vacancy, which we note has existed for over three years with no effort on behalf
of the Partnership to seek Limited Partner consent for a replacement as required
by the terms of the Partnership Agreement, it seeks consent of Limited Partners
to three persons for appointment to the Advisory Committee. To our knowledge,
the two current Advisory Committee members have not resigned. One can only
surmise, as the Proxy Statement is anything but clear on this point, that if all
three nominees were to receive majority approval, then the nominee who receives
the greatest votes would fill the vacancy and the other two would be in
"reserve" to fill future vacancies. The Partnership Agreement does not provide



New England Realty Associates Limited Partnership
July 5, 2007
Page 2

for this "reserve" mechanism. Apparently, the inclusion of three persons as
appointees in the Proxy Statement is an effort to confuse limited partners into
thinking they are electing an entirely new Advisory Committee when, in fact, it
is being done to line-up future appointees who can be appointed to the Advisory
Committee at some time in the future when such person may or may not be suitable
for replacement and without the consent of the then Limited Partners.

      Second, the members of the Advisory Committee are required to be limited
partners who are not also general Partners or Affiliates. The Proxy Statement
fails to disclose the ownership of each of Messrs. Nahigian and Nolan or their
relationship, or lack thereof, with the General Partner. This is particularly
important in light of the current Advisory Committee members' obvious failure to
look out for the best interests of the Limited Partners. After all, the current
Advisory Committee members, Messrs. Raffoul and DiGregorio, are also directors
of the General Partner, they inexcusably allowed the vacancy on the Advisory
Committee to exist for over three years, and their ownership in the Partnership
is nominal. Which leads us to a corollary issue: how can the current members of
the Advisory Committee qualify as Advisory Committee members? It seems logical
to us that their position as directors of the General Partner, whose directors
are not elected by the limited partners on an annual basis, creates an
affiliation with the General Partner which is clearly not in the spirit of the
intent of the Advisory Committee.

      Third, the Proxy Statement fails to provide a substantial amount of
information required by Regulation 14A as well as information which is necessary
for Limited Partners to make an informed decision.

      It is quite troubling that the General Partner continues to fail to take
into consideration the rights and interests of Limited Partners. The Proxy
Statement makes clear to us that the General Partner is seeking to stock the
Advisory Committee with its cronies for years to come and continues to view the
Limited Partners, the true owners of the Partnership, as a nuisance only to be
dealt with when they must and then in a way contrary to the Partnership
Agreement and applicable law and in a manner to further seek to disenfranchise
both current and future Limited Partners.

      We trust that you will revise the Proxy Statement to conform with the
terms of the Partnership Agreement and Regulation 14A and in accordance with the
items highlighted above. We further demand that Limited Partners be provided
with not less than 30 days from the date of the filing of the amendment to the
Proxy Statement to elect to vote in favor of or against a single nominee for
appointment to the Advisory Committee.

      Finally, demand is hereby made pursuant to Section 21 of the Massachusetts
Uniform Limited Partnership Act for a list of all partners of the Partnership
and true and full information regarding the state of business and financial
condition of the Partnership. Please advise Charles Frischer at 212-508-9470 as
to the date and time that inspection and copying of these materials can be made.



New England Realty Associates Limited Partnership
July 5, 2007
Page 3

      If the Partnership fails to comply with the foregoing requests by July 12,
2007, we will be forced to take such actions as we deem appropriate to protect
our rights as a Limited Partner and the rights of all other Limited Partners.

                                                         Sincerely,


                                                         Charles Frischer