HGTV URBAN OASIS GIVEAWAY 2010 WILL AIR SATURDAY, NOVEMBER 20 AT 8 P.M. ET/PT

Grand Prize Package Features Luxury New York City Residence and New Acura ZDX

KNOXVILLE, Tenn. [For Release November 2, 2010] HGTV designer Vern Yip holds the keys to an Urban Oasis in New York City and will announce the winner of the luxury residence during the HGTV Urban Oasis Giveaway 2010 on Saturday, November 20, at 8 p.m. ET/PT. The fully-furnished residence located in The Residences at W New York-Downtown, 123 Washington Street, was custom-designed by Yip and is part of a grand prize package valued at approximately $1.5 million. The prize also includes a brand new Acura ZDX.

During the television special, Yip will go on location to surprise one lucky viewer with the news that they have won the new, contemporary residence with sweeping vistas of the New York City skyline. Viewers won't want to miss a single minute of the special as Yip goes behind the scenes to reveal how the winner is selected and offers them a final look at the residence.

Yip, who is a judge for HGTV Design Star, created a home with a clean-lined, eclectic look, highlighted by antiques and architectural artifacts uniquely tied to New York City. At just under 900 square feet, the residence includes one bedroom, a luxurious bath, a living room with lots of natural light and a gourmet kitchen. It also features state-of-the-art appliances and hardwood floors.

"We could think of no place more exciting than New York for our first HGTV Urban Oasis Giveaway," said HGTV President Jim Samples. "The residence highlights the best in urban design and showcases the appeal of living in a downtown location that offers a variety of dynamic activities including theater, shopping, museums and restaurants. As expected, the giveaway appealed to a multitude of HGTV fans who are fascinated by city-life."

Online users can continue to visit HGTV.com/urbanoasis for a blog with exclusive videos of the downtown NY neighborhood and tidbits from Yip. A virtual tour and detailed slideshow tours of the residence also are available online. Additional topics, including information on moving to an urban environment and small space living, are covered on HGTV's FrontDoor.com.

About HGTV Urban Oasis

The HGTV Urban Oasis Giveaway complements the network's annual HGTV Dream Home Giveaway and HGTV Green Home Giveaway, two of the most successful consumer promotions in cable TV history. The HGTV Urban Oasis Giveaway 2010 involves sponsorship from several national advertisers including: Acura, SAMSUNG, Cuisinart(R), DBA - Masco Cabinetry, Progressive Insurance, SC Johnson, KOHLER, Mullican Flooring, LP. More information on the building and amenities can be found at www.wnyresidences.com.

About HGTV

HGTV, America's leader in home and lifestyle programming, is distributed to more than 99 million U.S. households and is one of cable's top-rated networks. HGTV's website, HGTV.com, is the nation's leading online home-and-garden destination and attracts an average of 5 million unique visitors per month.

About The Moinian Group

The Moinian Group is widely regarded as one of the industry's most active development firms, boasting a portfolio totaling more than 20 million square feet of commercial, industrial, residential, retail and hotel properties throughout the U.S. and abroad, including 13 million square feet in Manhattan. The company has the most extensive private acquisitions in the country, including trophy buildings like the Downtown Club in Lower Manhattan, formerly known as the Downtown Athletic Club and home to the Heisman Trophy, the Willis Tower in Chicago and Continental Towers at 180 Maiden Lane in Downtown Manhattan. Its team of seasoned professionals, hands-on management style and a strategic approach to investment and growth has armed the firm with the tools necessary to take advantage of the unique opportunities available in the real estate marketplace. For more information, visit www.moiniangroup.com .

About W Hotels Worldwide(R)

W Hotels is an innovative contemporary lifestyle brand and the hotel category buster with 35 hotels and retreats in the most vibrant cities and exotic destinations around the world. Inspiring, iconic, innovative and influential, W Hotels provides the ultimate in insider access to a world of "Wow." Each hotel offers a unique mix of innovative design and passions around fashion, music and entertainment. W Hotels offers a holistic lifestyle experience that is integrated into the brand's sensibility through contemporary restaurant concepts, glamorous nightlife experiences, and signature spas. With 10 years of proven success, W Hotels is on track to double its footprint by 2011. W Hotels and W Retreats have been opened & announced for Downtown New York, Hollywood, London, Paris, St. Petersburg, Guangzhou, Shanghai, Bali, Vieques Island, Koh Samui, and Verbier, among other international destinations. For more information, visit www.whotels.com.