Real Estate Discussion

MIDTOWN COMPS

Free Rent

Work Allowance Lease Type

Date Building

Tenant

Floors

RSF

Term

Base Rent

Q4 19 590 Madison Avenue

P28

13,934

11 Yrs

$112.00 x 6 Yrs $122.00 x 5 Yrs

15 Mos

$135.00

Relocated before lease expiration to accommodate

American Securities transaction. Relocation/ New Lease Relocation/ New Lease Relocation/ New Lease

Q4 19 299 Park Avenue

E7

28,320

10 Yrs

$83.00 x 5 Yrs $90.00 x 5 Yrs $90.00 x 6 Yrs $95.00 x 5 Yrs $132.00 x 6 Yrs $142.00 x 5 Yrs $152.00 x 5 Yrs $94.00 x 5 Yrs $103.00 x 5 Yrs $112.00 x 5 Yrs $121.00 x 5 Yrs $83.00 x 5 Yrs $87.00 x 5 Yrs $79.00 x 5 Yrs $84.00 x 5 Yrs $89.00 x 5 Yrs $94.00 x 5 Yrs $99.00 x 2 Yrs $87.00 x 6 Yrs $94.00 x 5 Yrs $101.00 x 5 Yrs

12 Mos

$100.00

Q4 19 11 Times Square

E36

29,089

11 Yrs

12 Mos

$125.00

Q4 19 65 East 55th Street

E30

15,356

16 Yrs

12 Mos

$160.00

Q4 19 2 Manhattan West

E25-E37

481,921

20 Yrs

16 Mos

$100.00

New Lease

Q4 19 50 Rockefeller Plaza

E5-9

125,097 10 Yrs

13 Mos

$107.00

New Lease

Q4 19 599 Lexington Avenue

GRND, E2- E7, P8, E9- E12

338,000 22 Yrs

Renewal

Q4 19 1251 Avenue of the Americas

P35, E37- E38

99,615

16 Yrs

14 Mos

$117.00

New Lease

2

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