3,000,000 6.5% Cumulative Preferred Stock of Cedar Realty Trust, Inc. are subject to a Lock-Up Agreement Ending on 11-JAN-2018. These 6.5% Cumulative Preferred Stock will be under lockup for 30 days starting from 12-DEC-2017 to 11-JAN-2018. Details: The subsidiaries of Cedar Realty Trust, Inc. (NYSE: CDR) including Cedar Realty Trust Partnership, L.P., have agreed that, for a period of 30 days after the date of this prospectus supplement and subject to certain exceptions, they will not, directly or indirectly, without the prior written consent of Raymond James & Associates, Inc., offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any shares of series C preferred stock or any securities that are substantially similar to the series C preferred stock, whether owned as of the date of this prospectus supplement.