Exhibit 99.1

                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

         In connection with the Quarterly Report on Form 10-Q of Presidential
Realty Corporation (the "Company") for the period ending June 30, 2002, as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Jeffrey F. Joseph, President and Chief Executive Officer of the Company,
certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

    (1)  the Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934: and

    (2) the information contained in the Report fairly presents, in all material
respects, the financial condition and the results of operations of the Company.


                                    Presidential Realty Corporation

                                    By: /S/  JEFFREY F. JOSEPH
                                        ----------------------
                                        Jeffrey F. Joseph
                                        President and Chief Executive Officer

Date: August 12, 2002