SpaceReport

Mark S. Weiss Executive Vice Chairman 1290 Avenue of the Americas New York, NY 10104 Direct +1 212 841 7871 Fax +1 212 729 2570 mark.weiss@cushwake.com cushmanwakefield.com

September 17, 2019

Ms. Sola Yomi-Ajayi Country CEO United Bank for Africa Plc, USA

1 Rockefeller Plaza New York, NY 10020

Dear Sola:

Enclosed are five (5) copies of a space report which, while abbreviated, has buildings and spaces that we want you to review and inspect.

You will note that three of them, 1177 Avenue of the Americas, 623 Fifth Avenue and 575 Fifth Avenue have floors that are smaller than your targeted 20,000 Rentable Square Feet. In those buildings we could take a portion of a contiguous floor, have the landlord put in a slab opening and create an inter-connecting staircase which you could use for a conference center. While a duplexed arrangement would not be perfect…..it could be dramatic and likely would function very well. We are eager for you to see 200 Park Avenue (The Met Life Building) because while we know you will love it, Tishman Speyer has an ownership interest in it through one of their funds so it would create transactional leverage if you ever decided to relocate to 1270 Avenue of the Americas. 100 Park Avenue is a solid choice however we are only 75% certain that the owner, SL Green, would divide that floor. We still want you to inspect that one as well because, if you elect to move forward sooner rather than later, we want to have several compelling choices at play all at once.

Let us know your thoughts and when you can spend just under two hours with me, Jonathan and David to inspect them.

Sincerely,

Mark S. Weiss

cc: Kemi Amusa-Uwuoruya Enclosure

Additional Space Options Report

September 17, 2019

TABLE OF CONTENTS

623 Fifth Avenue

Page 2

1177 Avenue of the Americas

Page 6

575 Fifth Avenue

Page 9

200 Park Avenue

Page 12

100 Park Avenue

Page 15

Cushman & Wakefield Copyright 2019. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

623 Fifth Avenue Between 49 th & 50 th Streets

Space Availability Floors/Area (RSF)

Entire 18 th , 20 th - 22 nd Partial 25 th Entire 26 th Partial 27 th Entire 28 th

14,486 RSF each 4,956 RSF 14,184 RSF 8,394 RSF 14,545 RSF $79.00 per RSF $86.00 per RSF $88.00 per RSF $88.00 per RSF $88.00 per RSF $88.00 per RSF

Asking Rent

Entire 18 th Entire 20 th -22 nd

Partial 25 th Entire 26 th Partial 27 th Entire 28 th

Possession

Immediate

Comments

• Side core building with great sight lines • If more than a full floor is required, Landlord will build an internal stair to connect a portion of a contiguous floor for UBA’s conferencing needs. • The floor plates are virtually column free. • The 20 th and 21 st floors are nicely built with an interconnecting staircase. • The 25 th floor is under construction and will be a new Pre-built with 3 offices & an open area for 30-35 people. • Landlord will demolish the Partial 27 th floor.

Property Information Year Built

1990

Building Area

412,900 RSF

Stories

36

Ownership

Cohen Brothers

Copyright © 2019 Cushman & Wakefield. All rights reserved.

2

623 Fifth Avenue Between 49 th & 50 th Streets

20 th Floor As-built

21 st Floor As-built

Copyright © 2019 Cushman & Wakefield. All rights reserved.

3

623 Fifth Avenue Between 49 th & 50 th Streets

Core Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

4

623 Fifth Avenue Between 49 th & 50 th Streets

Partial 25 th Floor Plan

Partial 27 th Floor Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

5

1177 Avenue of the Americas Between 45 th & 46 th Streets

Space Availability Floors/Area (RSF)

15,375 RSF

Entire 39 th

Asking Rent

$92.00 per RSF

Possession

Immediate

Comments

• The 39 th floor is currently in clean, white box condition. • Incredible natural light with stunning 360 views • Side-core, efficient floor plate • 12’6” slab height

Property Information Year Built/ Renovated

Built in 1992. Renovated in 2013.

Building Area

1,000,000 RSF

Stories

47

Ownership

Silverstein Properties

Copyright © 2019 Cushman & Wakefield. All rights reserved.

6

1177 Avenue of the Americas Between 45 th & 46 th Streets

Core Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

7

1177 Avenue of the Americas Between 45 th & 46 th Streets

Test Fits

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8

575 Fifth Avenue Southeast Corner of 47 th Street

Space Availability Floors/Area (RSF)

Entire 30 th Entire 31 st

15,475 RSF 15,475 RSF

Asking Rent

$84.00 per RSF

Possession

Immediate

Comments

• If more than a full floor is required, Landlord will build an internal stair to connect a portion of a contiguous floor for UBA’s conferencing needs. • Space is currently white boxed with brand new bathrooms. Landlord

will provide a high-end turnkey. • Side-core, efficient floor plate

• Extended 8:00 am - 8:00 pm building HVAC hours, 7 days a week • Exclusive tenant only lounge with state of the art conference rooms

Property Information Year Built/ Renovated

Built in 1985. Renovated in 2015.

Building Area

569,000 SF

Stories

40

Ownership

Beacon Capital Partners

Copyright © 2019 Cushman & Wakefield. All rights reserved.

9

575 Fifth Avenue Southeast Corner of 47 th Street

30 th Floor Test Fit for UBA

Copyright © 2019 Cushman & Wakefield. All rights reserved.

10

575 Fifth Avenue Southeast Corner of 47 th Street

31 st Floor Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

11

200 Park Avenue Between 44 th & 45 th Streets

Space Availability Floors/Area (RSF)

Entire 12 th (Landlord will divide)

16,000 - 43,886 RSF

Asking Rent

$86.00 per RSF

Possession

Immediate

Comments

• Great southern facing views, looking over Grand Central • Views of both the East River / UN & the Hudson River • Large windows • Direct Access to Grand Central • Space is being demolished next month

Property Information Year Built/ Renovation

Built in 1989. 200 Park Avenue is currently undergoing a lobby renovation.

Building Area

3,143,291 RSF

Stories

58

Ownership

Tishman Speyer

Copyright © 2019 Cushman & Wakefield. All rights reserved.

12

200 Park Avenue Between 44 th & 45 th Streets

Core Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

13

200 Park Avenue Between 44 th & 45 th Streets

12 th Floor Test Fit

Copyright © 2019 Cushman & Wakefield. All rights reserved.

14

100 Park Avenue Between 40 th & 41 st Streets

Space Availability Floors/Area (RSF)

Partial 8 th (Landlord will divide)

15,000 - 43,041 RSF

Asking Rent

$75.00 per RSF

Possession

Immediate

Comments

• SL Green is building a tenant only amenity lounge on the 2 nd floor. • The 8 th floor offers wonderful Park Avenue and Grand Central views. • Ownership’s preference is to lease the entire floor but reasonable divisions will be considered.

Property Information Year Built/ Renovated

Built in 1949. 100 Park Avenue completed a $72 million renovation in 2008.

Building Area

907,000 RSF

Stories

36

Ownership

SL Green

Copyright © 2019 Cushman & Wakefield. All rights reserved.

15

100 Park Avenue Between 40 th & 41 st Streets

Core Plan

Copyright © 2019 Cushman & Wakefield. All rights reserved.

16

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