Exhibit 21.1
SUBSIDIARIES OF REGISTRANT
| Name of Subsidiary or Formation |
Jurisdiction of Incorporation | |
| Bayard Lane, LLC |
NJ | |
| 112 Fifth Avenue, LLC |
NJ | |
| Bayard Properties, LLC |
NJ | |
| TBOP REIT, Inc. |
NJ | |
| TBOP Delaware Investment Company |
DE |