X0306 4 2017-02-28 0 0000761648 CEDAR REALTY TRUST, INC. CDR 0001522587 Schanzer Bruce J 44 SOUTH BAYLES AVENUE PORT WASHINGTON NY 11050 1 1 0 0 Pres. & Chief Exec. Officer Common Stock 2017-02-28 4 P 0 1000 5.8763 A 17664 I See Footnote Common Stock 2017-02-28 4 P 0 2000 5.8654 A 19664 I See Footnote Common Stock 2017-02-28 4 P 0 1000 5.864 A 20664 I See Footnote Common Stock 2626593 D These shares are held by the reporting person as custodian for his four children under the Uniform Gifts to Minors Act. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person owns the shares for the purposes of Section 16 or any other purpose. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.8611 to $5.8711 inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares of Common Stock purchased within the ranges set forth in footnote (1). /s/Daniel W. Koehler, Attorney-in-Fact 2017-03-01