Real Estate Discussion

DOWNTOWN COMPS

Date

Building

Tenant

Floors

RSF

Term

Base Rent

Free Rent Work Allowance

Lease Type

Q1 20

55 Water Street

PLL, E33-35

235,065

14 Yrs, 2 Mos

$51.00 x 5 Yrs; $56.00 x 5 Yrs; $61.00 x 4 Yrs, 2 Mos

15 Mos

$110.00

New Lease

Q1 20

28 Liberty Street

E37-E38, E56 108,917

15 Yrs

$70.00 x 5 Yrs; $75.00 x 5 Yrs; $80.00 x 5 Yrs $53.00 x 5 Yrs; $58.00 x 5 Yrs; $63.00 x 5 Yrs $70.00 x 6 Yrs; $75.00 x 5 Yrs; $80.00 x 5 Yrs E20: $58.00 x 5 Yrs; $63.00 x 5 Yrs E21: $54.00 x 5 Yrs; $59.00 x 5 Yrs E22: $44.00 x 5 Yrs; $48.00 x 5 Yrs $42.00 x 5 Yrs; $45.00 x 5 Yrs; $48.00 x 5 Yrs

12 Mos

$100.00

New Lease

Q1 20

120 Broadway

E15-E16

102,440

15 Yrs

15 Mos

$95.00

New Lease

Q1 20

140 Broadway

E47-48

52,412

16 Yrs

16 Mos

$105.00

Renewal

Q1 20

115 Broadway

E20, E21, E22 52,409

10 Yrs

10 Mos

NBI

New Lease

Q1 20

55 Broad Street

P2, E3

41,000

15 Yrs

10 Mos

$60.00

New Lease

Q4 19

1 New York Plaza

E3-12, E16-18, E35, E37-41, E31-33

1,253,589 13 Yrs

E3-12, E16-18, E35, E37-41: $55.00 x 5 Yrs; $60.00 x 5 Yrs; $65.00 x 3 Yrs E31-33:

8 Mos

$75.00

Extension/ Expansion

$55.00 x 5 Yrs; $60.00 x 5 Yrs; $65.00 x 3 Yrs $70.00 x 5 Yrs; $74.00 x 5 Yrs $83.00 x 5 Yrs; $90.00 x 5 Yrs; $97.00 x 5 Yrs

Q4 19

200 Liberty Street

E30-32

92,139

10 Yrs

12 Mos

$95.00

New Lease

Q4 19

3 World Trade Center

E55, P56

77,000

15 Yrs

12 Mos

$100.00

New Lease

1