Real Estate Discussion

MIDTOWN COMPS

Free Rent

Work Allowance Lease Type

Date Building

Tenant

Floors

RSF

Term

Base Rent

Q1 20 375 Park Avenue

E29-30

36,428

10 Yrs

$170.00 x 5 Yrs $177.00 x 5 Yrs

8 Mos

$130.00

Relocation/ Expansion/ Renewal

Q1 20 66 Hudson Boulevard

E40-E52

530,884 20 Yrs

$110.00 x 5 Yrs $118.00 x 5 Yrs $127.00 x 5 Yrs $136.00 x 5 Yrs $102.00 x 5 Yrs $112.00 x 5 Yrs $122.00 x 5 Yrs $80.00 x 5 Yrs $86.00 x 4 Yrs, 4 Mos $145.00 x 6 Yrs $155.00 x 5 Yrs $126.00 x 5 Yrs $136.00 x 5 Yrs $146.00 x 5 Yrs

30 Mos

$110.00

New Lease

Q1 20 399 Park Avenue

E20-21

48,860 15 Yrs

15 Mos

$120.00

New Lease

Q1 20 1155 Avenue of the Americas

E9-10

44,277

9 Yrs, 4 Mos

11 Mos

$95.00

New Lease

Q4 19 1095 Avenue of the Americas

E32, P33

49,324 11 Yrs

6 Mos

$100.00

Renewal/ Expansion

Q4 19 1 Vanderbilt Avenue

E16

45,954

15 Yrs

8 Mos

$100.00

New Lease

Q4 19 825 Eighth Avenue

E17

41,715

10 Yrs

$69.00 x 5 Yrs $74.00 x 5 Yrs

6 Mos

$105.00

New Lease

Q4 19 590 Madison Avenue

E23-E24

50,060 15 Yrs

$106.00 x 5 Yrs $116.00 x 5 Yrs $126.00 x 5 Yrs $134.00 x 5 Yrs $144.00 x 5 Yrs $154.00 x 5 Yrs

8 Mos

$100.00

Relocation/ New Lease

Q4 19 590 Madison Avenue

E36, 37, 38, P35

90,000 15 Yrs

18 Mos

$150.00

Relocation/ New Lease

1