Real Estate Discussion

MIDTOWN COMPS

Free Rent

Work Allowance Lease Type

Date Building

Tenant

Floors

RSF

Term

Base Rent

Q2 19 1411 Broadway

E11

44,181

10 Yrs

$66.00 x 5 Yrs $72.00 x 5 Yrs

10 Mos

$95.00

New Lease

Q2 19 66 Hudson Boulevard

E25-E28

198,448 22 Yrs, 1 Mo

$105.00 x 7 Yrs, 1 Mo $114.00 x 5 Yrs $123.00 x 5 Yrs $132.00 x 5 Yrs

25 Mos

$100.00

New Lease

Q2 19 300 Park Avenue

P5, E6-E11 241,000 15 Yrs

$84.50 x 5 Yrs $90.50 x 5 Yrs $96.50 x 5 Yrs $85.00 x 5 Yrs $90.00 x 5 Yrs $95.00 x 5 Yrs $80.00 x 5 Yrs $85.00 x 5 Yrs $64.50 x 6 Yrs $69.50 x 6 Yrs

0 Mos

As Is

Renewal

Q2 19 460 West 34th Street

E2-E6

212,000 15 Yrs

12 Mos

$100.00

New Lease

Q2 19 90 Park Avenue

E17-E18

52,412

10 Yrs

12 Mos

$115.00

New Lease

Q2 19 498 Seventh Avenue

P14, E15

59,798 12 Yrs

9 Mos

$100.00

New Lease

Q2 19 101 Park Avenue

E18-E19

49,200 10 Yrs

$75.00 x 5 Yrs $81.00 x 5 Yrs

12 Mos

$90.00

Expansion

Q2 19 1411 Broadway

E20-E22

74,535 10 Yrs

$70.00 x 5 Yrs $75.00 x 5 Yrs

11 Mos

$100.00

New Lease

Q2 19 1 Vanderbilt Avenue

E52

28,024 15 Yrs

$185.00 x 5 Yrs $195.00 x 5 Yrs $207.00 x 5 Yrs

14 Mos

$95.00

New Lease

5