EASTERN CONSOLIDATED VIEW FROM THE STREET NEIGHBORHOOD OVERVIEW: MANHATTAN

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1 EASTERN CONSOLIDATED VIEW FROM THE NEIGHBORHOOD OVERVIEW: MANHATTAN NOVEMBER 2017

2 TABLE OF CONTENTS Overview 5 DOWNTOWN Financial District/Tribeca/Chinatown 10 SoHo/Nolita/Lower East Side 12 West Village/Greenwich Village 14 East Village 16 MIDTOWN Chelsea 20 Gramercy/Kips Bay/NoMad/Flation 22 Midtown East 24 Midtown West / Garment District 26 UPTOWN Upper East Side 30 Upper West Side 32 About Eastern Consolidated 34 2 View from the Street: November 2017 View from the Street: November

3 VIEW FROM THE NEIGHBORHOOD OVERVIEW: MANHATTAN Dear Friends: Investment property sales in core Manhattan totaled $10.95 billion in 1H 2017, a 54.3 percent drop from the 1H 2016, while transaction volume fell 29.7 percent year-over-year to 284 trades. With sales totaling $2.99 billion, Midtown East accounted for the highest dollar volume in 1H 2017, followed by $1.8 billion in sales in the Financial District. The Upper East Side saw 61 transactions, more than any other neighborhood during this period, while the Garment District had the fewest trades, only three trades. An analysis of the properties sold by asset class shows office properties generated $6.25 billion of the sales in core Manhattan in 1H 2017, a 19.8 percent increase in dollar volume from 2H 2016 but a 53.3 percent decline from 1H 2016 when office sales totaled over $13 billion. The dollar volume of development/land sales also increased 19.9 percent to over $1 billion in 1H 2017 compared to 2H 2016, but saw a 42.2 percent drop from 1H 2016 when sales totaled $1.78 billion. In the first 10 months of 2017, international investors accounted for 37 percent of core Manhattan sales, down from 41 percent in all of China s investments in core Manhattan properties dropped to $2.5 billion in 2017 compared to $6 billion in all of 2016, and investments by UK firms fell to $188 million from $1.4 billion. REITs accounted for 20 percent of the investment property sales up from 2 percent in the first 10 months of 2017, but institutional investments dropped to 11 percent from 28 percent of the sales during the same period. View from the Street: November

4 VIEW FROM THE NEIGHBORHOOD OVERVIEW: MANHATTAN 2017 PROPERTY SALES BY NEIGHBORHOOD BUYER COMPOSITION OF MANHATTAN CRE ASSETS 1H H 2016 PERCENT CHANGE 1H 2016 PERCENT CHANGE NEIGHBORHOOD TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME Chelsea 17 $569,101, $1,128,678, % -49.6% 36 $821,087, % -30.7% Chinatown 4 $34,850,000 4 $60,650, % -42.5% 6 $65,150, % -46.5% East Village 15 $177,877, $318,995, % -44.2% 23 $300,291, % -40.8% FiDi 7 $1,845,000,000 8 $1,075,158, % 71.6% 19 $2,480,578, % -25.6% Garment District 3 $31,665, $828,592, % -96.2% 14 $889,383, % -96.4% Gramercy 6 $151,944, $95,550, % 59.0% 11 $224,645, % -32.4% Greenwich Village 10 $273,574, $566,890, % -51.7% 12 $375,015, % -27.0% Kips Bay 7 $248,350,621 5 $818,026, % -69.6% 11 $370,187, % -32.9% Lower East Side 16 $157,347, $192,256, % -18.2% 11 $216,040, % -27.2% Midtown East 22 $2,992,145, $1,308,241, % 128.7% 34 $5,134,526, % -41.7% Midtown West 26 $1,713,295, $4,580,116, % -62.6% 33 $6,357,107, % -73.0% Nolita 5 $52,240,000 6 $55,742, % -6.3% 7 $191,950, % -72.8% Nomad/Flatiron 12 $548,051, $1,823,324, % -69.9% 20 $892,565, % -38.6% Soho 9 $260,935, $255,054, % 2.3% 21 $1,277,846, % -79.6% Tribeca 14 $158,124,870 9 $527,615, % -70.0% 11 $2,008,811, % -92.1% Upper East Side 48 $732,986, $827,331, % -11.4% 61 $1,236,337, % -40.7% Upper West Side 42 $510,976, $871,798, % -41.4% 49 $810,770, % -37.0% West Village 21 $493,230, $154,106, % 220.1% 25 $317,318, % 55.4% 284 $10,951,697, $15,488,129, % -29.3% 404 $23,969,610, % -54.3% YTD 2017 ( ) CROSS-BORDER 37% 41% 46% 21% 26% INSTITUTIONAL 11% 28% 20% 25% 28% REIT/LISTED 20% 2% 10% 13% 12% PRIVATE 28% 25% 23% 38% 28% USER/OTHER 4% 3% 1% 4% 6% CROSS-BORDER ANALYSIS YTD 2017 ( ) SOURCE VOL ($) VOL ($) VOL ($) VOL ($) China $2,512,549,999 $6,091,318,459 $4,678,406,398 $689,840,000 Singapore $1,094,000,000 $158,000,000 $164,000,000 $1,708,000,000 United Kingdom $188,000,000 $1,416,666,667 $98,833,333 $112,150,000 Saudi Arabia $0 $1,416,666,667 $0 $0 Canada $1,028,575,000 $1,301,446,720 $8,348,623,145 $1,029,042,640 Hong Kong $376,176,471 $1,228,220,000 $0 $18,846,888 Israel $180,829,985 $685,000,000 $200,475,000 $144,291,520 Qatar $0 $579,175,625 $3,114,446,872 $317,408,888 Italy $37,750,000 $88,000,000 $117,136,000 $317,408,888 Japan $477,300,000 $476,852,800 $1,277,852,578 $324,811, PROPERTY SALES BY ASSET CLASS 1H H 2016 PERCENT CHANGE 1H 2016 PERCENT CHANGE PROPERTY TYPE TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME TRANSACTIONS $-VOLUME 60 $677,153, $614,165, % 10.3% 70 $649,898, % 4.2% Development/Land 25 $1,031,632, $860,571, % 19.9% 39 $1,785,056, % -42.2% Garage/Industrial 2 $43,263,200 5 $111,185, % -61.1% 5 $143,700, % -69.9% 2 $213,000, $1,954,626, % -89.1% 23 $1,819,226, % -88.3% 96 $1,276,275, $3,294,104, % -61.3% 138 $3,448,329, % -63.0% 27 $6,251,139, $5,216,224, % 19.8% 49 $13,375,290, % -53.3% Condo 14 $573,293, $2,415,855, % -76.3% 14 $695,421, % -17.6% 52 $735,480, $554,152, % 32.7% 53 $1,460,761, % -49.7% 6 $150,460, $467,244, % -67.8% 13 $591,925, % -74.6% 284 $10,951,697, $15,488,129, % -29.3% 404 $23,969,610, % -54.3% MANHATTAN INVESTMENT PROPERTY SALES $30,000,000,000 $25,000,000,000 $20,000,000,000 $15,000,000,000 $10,000,000,000 $5,000,000,000 $ 1H H H H H H H H H H H H H H H H H H H H H H H 2006 METHODOLOGY Information contained herein was obtained from numerous sources, including the NYC Department of Finance, ACRIS, CoStar, Property Shark, Real Capital Analytics, StreetEasy, Agorafy, other publicly available information, Eastern Consolidated proprietary data and other sources deemed reliable. Property sales reflect transactions $2.5 million and above. No representation is made by Eastern Consolidated as to the accuracy or completeness of the information contained herein. 6 View from the Street: November 2017 View from the Street: November

5 DOWNTOWN FIDI, TRIBECA, CHINATOWN SOHO, NOLITA, LOWER EAST SIDE WEST VILLAGE, GREENWICH VILLAGE EAST VILLAGE 8 View from the Street: November 2017 View from the Street: November

6 FINANCIAL DISTRICT/TRIBECA/CHINATOWN BREAKDOWN FINANCIAL DISTRICT 1 $95,000, WILLIAM ST 119,500 $795 2 $19,000, WILLIAM ST 31,097 $611 3 $15,000, PARK PL 21,825 $687 4 $1,040,000, WALL ST (1) N/A N/A 5 $652,000, BROAD ST 1,118,509 $583 6 $19,550, JOHN ST (3) 4,895 $3,994 7 $4,450, PINE ST (3) 5,273 $844 Condo TOTAL SALES $1,845,000,000 TRIBECA 8 $21,250, LEONARD ST 24,423 $870 9 $19,031, DUANE ST (3) 18,436 $1, $10,725, CHAMBERS ST 8,878 $1, $11,500, FRANKLIN ST 11,000 $1,045 CANAL GRAND ST 60 WALL ST $1,040,000, BROAD ST $652,000,000 ASKING RETAIL RENTS $ PER $ PER SQUARE FOOT FOOT MURRAY ST $25,000, CANAL ST $23,550, Condo $4,600, WHITE ST 2,881 $1, $25,000, MURRAY ST 15,700 $1, $18,000, HUDSON ST (1,3) N/A N/A 15 $11,718, GREENWICH ST (3) 4,800 $2, $11,500, GREENWICH ST (3) 5,040 $2, $7,000, WHITE ST (3) 2,375 $2, $6,000, CHURCH ST (3) 1,600 $3, $4,500, LISPENARD ST (3) 2,085 $2, $3,800,000 8 JAY ST (3) 2,850 $1, $3,500, N MOORE ST (3) 2,135 $1,639 MOTT ST FINANCIAL DISTRICT TRIBECA CHINATOWN Broad Street $135-$150 Broadway $53-$185 Greenwich Street $100-$150 John Street $99-$160 Maiden Lane $96-$199 Nassau Street $72-$100 Wall Street $125-$450 Broadway $88-$200 Canal Street $96-$139 Chambers Street $89-$216 Church Street $148-$400 Duane Street $60-$116 Franklin Street $91-$140 Leonard Street $57-$200 Allen Street $158-$250 Bowery $149-$150 Broadway $95-$185 Canal Street $144-$467 East Broadway $107-$125 Mott Street $90-$260 TOTAL SALES $158,124,870 CHINATOWN 22 $4,250, MADISON ST 21,357 $199 STUDIO ONE-BEDROOM TWO-BEDROOM THREE-BEDROOM 23 $23,550, CANAL ST (3) 3,792 $6, $4,350, BOWERY 4,080 $1, $2,700, MOTT ST 2,714 $995 TOTAL SALES $34,850,000 FINANCIAL DISTRICT $3,094 $3,907 $5,943 $7,450 TRIBECA $3,354 $4,466 $5,837 $7,909 CHINATOWN $2,025 $2,250 $3,000 $4,625 Image Sources: Wikipedia Commons, Google Maps 10 View from the Street: November 2017 Financial District/Tribeca/Chinatown Financial District/Tribeca/Chinatown View from the Street: November

7 SOHO / NOLITA / LOWER EAST SIDE BREAKDOWN SOHO 1 Development/Land $102,050, GREENWICH ST (1) N/A N/A 2 Development/Land $31,565, SPRING ST N/A N/A 3 Development/Land $5,400, CANAL ST N/A N/A 4 $15,750, BROOME ST 14,737 $1,069 5 $17,340, BROOME ST 12,750 $1,360 6 $11,330, GREENE ST & GREENE ST (1) N/A N/A 7 $43,500, GREENE ST (1) N/A N/A Condo 8 $28,000, SPRING ST (3) 3,145 $8,903 9 $6,000, W BROADWAY (3) 1,550 $3,871 TOTAL SALES $260,935,648 NOLITA 12 $7,090,000 2 CENTRE MARKET PL 4,100 $1, GREENWICH ST $102,050, GREENE ST $43,500, SPRING ST $28,000, BOWERY $23,500, $9,500, MOTT ST 9,170 $1, $23,500, BOWERY 23,372 $1, $8,400, LAFAYETTE ST 4,000 $2,100 HOUSTON ASKING RETAIL RENTS $ PER SQUARE FOOT SOHO NOLITA LOWER EAST SIDE 16 $3,750, PRINCE (3) 573 $6,545 TOTAL SALES $52,240,000 Avenue Of The Americas $143-$180 Elizabeth Street $172-$275 Allen Street $79-$250 CANAL Broadway $300-$650 Mott Street $115-$400 Bowery $93-$150 LOWER EAST SIDE 17 $9,575, MONROE ST 12,165 $ Development/Land $8,700, BOWERY N/A N/A 19 Development/Land $8,000, CHRYSTIE ST N/A N/A 20 Development/Land $3,800, ATTORNEY ST N/A N/A 21 $21,200, GRAND ST 23,019 $ $15,500, LUDLOW ST 19,421 $ $12,900, STANTON ST 12,171 $1, $9,600, RIDGE ST 10,094 $951 Broome Street $193-$259 Canal Street $80-$139 Crosby Street $323-$400 Grand Street $150-$325 Greene Street $200-$325 Hudson Street $90-$175 Lafayette Street $78-$164 Mercer Street $202-$296 Prince Street $225-$825 Spring Street $80-$1,365 Thompson Street $70-$257 Mulberry Street $140-$167 Spring Street $258-$394 Canal Street $144-$176 Chrystie Street $93-$103 Clinton Street $100-$124 Delancey Street $83-$250 East Broadway $64-$125 East Houston Street $81-$250 Essex Street $88-$128 Grand Street $ Ludlow Street $110-$200 Orchard Street $60-$167 Rivington Street $70-$ $5,060, MADISON ST 10,230 $ Condo $4,121,000 2 ALLEN ST 3,458 $1, Condo $3,500, BOWERY 2,628 $1, Condo $3,403, BOWERY 3,230 $1,054 Varick Street $93-$150 West Broadway $75-$525 West Houston Street $104-$200 Wooster Street $69-$400 Stanton Street $60-$176 Suffolk Street $113-$ $8,000, DELANCEY ST 7,526 $1, $6,988, ORCHARD ST 5,600 $1, $5,500, BOWERY (3) 2,000 $2,750 STUDIO ONE-BEDROOM TWO-BEDROOM THREE-BEDROOM 32 $31,500, E HOUSTON ST 24,800 $1,270 SOHO $2,842 $3,128 $6,900 $10,995 TOTAL SALES $157,347,575 NOLITA $2,465 $3,201 $4,266 $5,548 LOWER EAST SIDE $2,250 $2,649 $3,300 $4,278 Image Sources: Wikipedia Commons, Google Maps 12 View from the Street: November 2017 SoHo/Nolita/Lower East Side SoHo/Nolita/Lower East Side View from the Street: November

8 WEST VILLAGE & GREENWICH VILLAGE BREAKDOWN WEST VILLAGE 1 $27,400, W 11 ST 8,540 $3,208 2 $19,000, W 12 ST 3,112 $6,105 3 $14,000, W 13 ST 6,927 $2,021 4 $11,300, PERRY ST 3,760 $3,005 5 $11,139, BLEECKER ST 3,040 $3,664 6 $7,400, BETHUNE ST 3,700 $2,000 7 $7,000, BANK ST 2,880 $2,431 Condo 8 $6,500, W 13 ST 2,395 $2,714 9 Garage/Industrial $29,163, CLARKSON ST 29,960 $ $31,000, BANK ST 25,650 $1, $20,000, W 11 ST 22,686 $882 W 14TH 12 $18,000, PERRY ST 19,903 $ $12,750, HUDSON ST 9,540 $1, $12,576, SHERIDAN SQ (1) N/A N/A 95 MORTON ST $205,961, WEST 14TH ST $153,000, WEST 11TH ST $37,750, BANK ST $31,000, $10,354, W 10 ST (3) N/A N/A 16 $7,500,000 9 CHARLES ST 4,884 $1, $6,260, BANK ST 7,145 $ $205,961, MORTON ST 203,412 $1, $20,605, BLEECKER ST (3) 6,700 $3, $9,750, CHRISTOPHER ST 4,200 $2, $5,570, AVE OF THE AMERICAS 2,680 $2,078 TOTAL SALES $493,230,242 GREENWICH VILLAGE 22 $21,000, E 11 ST 7,400 $2, $14,000, SULLIVAN ST 3,960 $3,535 HOUSTON ASKING RETAIL RENTS $ PER SQUARE FOOT WEST VILLAGE 7th Avenue South $158-$213 Avenue Of The Americas $200-$240 Bleecker Street $172-$715 Christopher Street $128-$336 Greenwich Avenue $210-$222 Hudson Street $168-$230 West 14th Street $94-$325 West 4th Street $237-$292 GREENWICH VILLAGE Bleecker Street $150-$227 Bowery $223-$319 Broadway $195-$300 East 14th Street $105-$350 Thompson Street $118-$190 West 14th Street $135-$165 West 8th Street $148-$150 West Houston Street $104-$ $10,182, E 10 ST 4,321 $2, $37,750, W 11 ST 27,184 $1, $10,250, W 9 ST 4,060 $2, $9,167, BLEECKER ST 5,050 $1, $153,000, W 14 ST 185,844 $ $10,000, BROADWAY (3) 1,450 $6, $5,250, MACDOUGAL ST 3,902 $1, $2,975, LAGUARDIA PL (3) 1,488 $1,999 TOTAL SALES $273,574,500 STUDIO ONE-BEDROOM TWO-BEDROOM THREE-BEDROOM WEST VILLAGE $2,897 $3,700 $4,350 $6,399 GREENWICH VILLAGE $2,700 $3,749 $4,500 $9,000 Image Sources: Wikipedia Commons, Google Maps 14 View from the Street: November 2017 West Village/Greenwich Village West Village/Greenwich Village View from the Street: November

9 EAST VILLAGE BREAKDOWN EAST VILLAGE 1 $6,800,000 4 E 2 ST 6,313 $1,077 2 $4,000, E 11 ST 2,640 $1,515 3 Development/Land $9,150, AVE N/A N/A 4 $57,000, E 11 ST 51,644 $1,104 5 $13,835, E 7 ST 20,225 $684 6 $12,708, E 5 St 14,016 $907 7 $11,900, E 7 ST 16,776 $709 Condo 8 $7,215, AVE B 5,608 $1,287 9 $5,825, AVE 5,080 $1, $5,292, E 6 ST 9,200 $ $4,750, AVE B 3,713 $1, $3,750, E 6 ST 6,500 $ $20,302, BOWERY (3) 3,088 $6, $10,800, E HOUSTON ST (3) 3,690 $2, EAST 11TH ST $57,000, BOWERY $20,302, $4,550, AVE 5,796 $785 TOTAL SALES $177,877,500 ASKING RETAIL RENTS $ PER SQUARE FOOT STUDIO 1-BEDROOM 2-BEDROOM 3-BEDROOM THIRD AVE E 14TH 1st Avenue $96-$156 2nd Avenue $56-$135 Avenue A $96-$175 Avenue B $81-$201 EAST VILLAGE $2,489 $2,786 $3,746 $4,880 Avenue C $60-$103 East 10th Street $111-$150 East 11th Street $105-$120 East 14th Street $105-$250 East 6th Street $69-$112 East 7th Street $157-$222 East 9th Street $100-$188 HOUSTON St Mark's Place $86-$180 Image Sources: Wikipedia Commons, Google Maps, YIMBY 16 View from the Street: November 2017 East Village East Village View from the Street: November

10 MIDTOWN CHELSEA GRAMERCY, KIPS BAY, NOMAD, FLATIRON GARMENT DISTRICT MIDTOWN WEST MIDTOWN EAST 18 View from the Street: November 2017 East Village East Village View from the Street: November

11 CHELSEA CHELSEA 1 $8,300, W 22 ST 5,000 $1,660 2 $8,000, W 22 ST 4,300 $1,860 3 Development/Land $320,000, AVE (2) N/A N/A 4 Development/Land $21,084, AVE (2) N/A N/A 5 Development/Land $20,000, W 19 ST N/A N/A 6 Development/Land $11,000, W 28 ST N/A N/A 7 Development/Land $9,174, W 24 ST N/A N/A 8 Development/Land $8,208,750 N/A W 24 ST N/A N/A 9 $17,700, W 14 ST 19,768 $ $14,100, W 15 ST 13,050 $1, $7,375, W 20 ST 4,500 $1,639 BREAKDOWN Condo 12 $33,000, W 25 ST 45,000 $ Condo $7,610, AVE 8,200 $ $53,000, TH AVE 18,327 $2, $17,300, W 21 ST 4,080 $4, $7,750, W 20 ST 4,988 $1, $5,500, AVE (2,3) N/A N/A 372 9TH AVE $320,000,000 ASKING RETAIL RENTS $ PER SQUARE FOOT TH AVE $53,000,000 TOTAL SALES $569,101,906 W 30TH W 34TH 6th Ave $120-$250 7th Avenue $148-$225 8th Avenue $160-$200 9th Avenue $132-$248 10th Avenue $135-$500 West 14th Street $135-$300 STUDIO 1-BEDROOM 2-BEDROOM 3-BEDROOM CHELSEA $3,077 $3,977 $5,536 $7,035 W 14TH SIXTH AVENUE West 19th Street $125-$325 West 20th Street $100-$137 West 21st Street $125-$144 West 22nd Street $71-$90 West 23rd Street $69-$250 West 24th Street $64-$79 West 25th Street $52-$115 West 27th Street $59-$120 West 29th Street $84-$105 Image Sources: Wikipedia Commons, Google Maps 20 View from the Street: November 2017 Chelsea Chelsea View from the Street: November

12 GRAMCERY / KIPS BAY / NOMAD / FLATIRON BREAKDOWN GRAMERCY 1 $13,500, E 17 ST 6,422 $2,102 2 $7,000, E 20 ST 3,331 $2,101 3 $23,094,093 4 GRAMERCY PARK W 7,798 $2,962 4 $6,650, AVE 5,720 $1,163 5 $87,000, E 17 ST & AVE 168,893 $515 6 $14,700, E 22 ST 12,226 $1,202 TOTAL SALES $151,944,093 Condo KIPS BAY 7 $5,750, E 30 ST 3,884 $1,480 8 $118,000, E 34 ST 176,575 $668 9 $52,000, E 30 ST 47,820 $1,087 E 34TH 220 5TH AVE $120,000, E 34TH ST $118,000, E 29TH ST $98,681, E 17TH ST, ST AVE $87,000, $7,150, E 30 ST 5,878 $1, $4,800, E 30 ST 6,895 $ $52,400, PARK AVE S 45,000 $1, $8,250, E 33 ST 11,905 $693 TOTAL SALES $248,350,621 SIXTH AVENUE ASKING RETAIL RENTS $ PER SQUARE FOOT GRAMERCY KIPS BAY NOMAD/FLATION East 20th Street $130-$173 East 23rd Street $77-$576 Broadway $179-$510 East 23rd Street $194-$213 East 25th Street $92-$125 Fifth Ave $41-$375 NOMAD/FLATIRON 14 Development/Land $98,681, E 29 ST N/A N/A 15 Development/Land $85,000, AVE (2) N/A N/A 16 Development/Land $42,420, AVE N/A N/A 17 Garage/Industrial $14,100, AVE (3) 31,190 $ $120,000, AVE (2) N/A N/A 19 $29,500, AVE 14,538 $2, $97,500, MADISON SQ W (3) 20,619 $4,729 E 14TH Union Square East $500-$550 East 33rd Street $56-$111 Second Avenue $71-$107 Third Avenue $53-$200 Madison Ave $80-$250 W 20th St $95-$113 W 29th St $86-$144 W 30th St $108-$170 W 31st St $150-$180 W 32nd St $360-$428 W 34th St $286-$500 Avenue Of The Americas $96-$225 Park Ave S $110-$ $23,900, AVE (3) 5,882 $4, $13,500, BROADWAY 4,667 $2, $12,750, AVE 4,988 $2, $6,050, E 28 ST 7,150 $ $4,650, W 28 ST 3,780 $1,230 TOTAL SALES $548,051,000 STUDIO ONE-BEDROOM TWO-BEDROOM THREE-BEDROOM GRAMERCY $2,813 $3,569 $4,665 $7,123 KIPS BAY $2,425 $3,200 $3,650 $5,300 NOMAD/FLATIRON $3,059 $4,436 $6,987 $9,444 Image Sources: Wikipedia Commons, Google Maps 22 View from the Street: November 2017 Gramercy/Kips Bay/NoMad/Flation Gramercy/Kips Bay/NoMad/Flation View from the Street: November

13 GARMENT DISTRICT & MIDTOWN WEST BREAKDOWN GARMENT DISTRICT 1 Development/Land $19,250, W 38 ST N/A N/A 2 Condo $6,215, W 38 ST 7,950 $782 3 Condo $6,200, W 35 ST 7,725 $803 TOTAL SALES $31,665,000 MIDTOWN WEST Condo 4 Development/Land $68,000, W 44 ST N/A N/A 5 Development/Land $33,450, AVE N/A N/A 6 Development/Land $23,000, W 54 ST N/A N/A 7 Development/Land $18,500, W 47 ST N/A N/A 8 Development/Land $4,700, W 52 ST N/A N/A 9 $34,000, W 54 ST 34,810 $ $15,500, W 48 ST 24,515 $ TH AVE $686,125, W 42ND ST $370,000, W 54TH ST $166,500, W 54 ST $83,126, $15,033, W 45 ST 10,119 $1, $12,500, W 46 ST 8,830 $1,416 ASKING RETAIL RENTS $ PER SQUARE FOOT 13 $12,075, AVE 9,795 $1, $11,500, AVE 12,330 $ $11,435, W 58 ST 9,931 $1, $8,250, AVE 11,619 $ $4,840, W 39 ST 7,728 $ $686,125, AVE (1) N/A N/A 19 $370,000, W 42 ST (2) N/A N/A 20 $166,500, W 54 ST (1) N/A N/A 21 $83,126, W 54 ST 163,000 $ $50,000, W 45 ST 66,400 $ $43,100, AVE OF THE AMERICAS 21,600 $1, $10,675, W 54 ST 6,800 $1,570 W 34TH FIFTH AVENUE GARMENT DISTRICT 7th Avenue $101-$499 8th Avenue $109-$257 9th Avenue $67-$195 West 34th Street $429-$1100 West 35th Street $65-$95 West 37th Street $65-$85 West 38th Street $54-$119 West 39th Street $96-$105 West 42nd Street $65-$525 MIDTOWN WEST 6th Ave $165-$700 7th Ave $240-$495 8th Ave $170-$500 9th Ave $90-$210 10th Ave $125-$182 W 42nd St $90-$625 W 43rd St $45-$90 W 46th St $88-$200 W 47th St $57-$125 W 52nd St $175-$ $9,180, W 34 ST 7,920 $1,159 W 55th St $146-$ Condo $2,696, W 47 ST 1,575 $1,712 W 56th St $144-$ $6,100, W 36 ST 4,747 $1, $8,010, W 44 ST 9,191 $872 W 57th St $245-$385 Broadway $238-$ $5,000, & 246 W 44 ST N/A N/A TOTAL SALES $1,713,295,545 STUDIO ONE-BEDROOM TWO-BEDROOM THREE-BEDROOM GARMENT DISTRICT MIDTOWN WEST $2,978 $3,603 $5,422 $7,022 Image Sources: Wikipedia Commons, Google Maps 24 View from the Street: November 2017 Garment District / Midtown West Garment District / Midtown West View from the Street: November

14 MIDTOWN EAST BREAKDOWN MIDTOWN EAST 1 $7,800, E 38 ST 6,000 $1,300 2 $7,000, E 48 ST 4,800 $1,458 3 $5,000, E 48 ST 2,900 $1,724 4 $2,650, E 38 ST 1,824 $1,453 5 $7,037, LEXINGTON AVE 5,985 $1,176 6 $5,700, E 37 ST 4,460 $1,278 7 $5,500, E 51 ST 5,312 $1,035 Condo 8 $4,225, E 36 ST 4,300 $983 9 $2,210,000, PARK AVE 1,787,000 $1, $155,000, MADISON AVE 149,675 $1, $9,900, E 39 ST 9,960 $ $7,500, E 45 ST 8,032 $ Condo $250,867, PARK AVE (2) 471,016 $ Condo $217,500, UNITED NATIONS PLZ 325,580 $ Condo $24,755, E 42 ST 19,707 $1, Condo $18,256, UNITED NATIONS PLZ 20,280 $ Condo $16,750, AVE 19,774 $ Condo $6,817, AVE 7,575 $ $15,250,000 7 E 53 ST 5,284 $2, $5,500, E 53 ST 5,235 $1, $4,636, AVE (3) 2,713 $1, $4,500,000 5 E 44 ST (3) 1,876 $2,399 TOTAL SALES $2,992,145,878 FIFTH AVENUE E 59TH 245 PARK AVENUE $2,210,000,000 ASKING RETAIL RENTS $ PER SQUARE FOOT 2nd Avenue $92-$300 3rd Avenue $250-$300 East 45th Street $95-$126 East 57th Street $95-$1700 East 58th Street $68-$180 Lexington Avenue $334-$ PARK AVENUE $250,867, UNITED NATIONS PLAZA $217,500,000 STUDIO 1 BEDROOM 2 BEDROOM 3 BEDROOM MIDTOWN EAST $2,773 $3,678 $5,489 $7,250 Madison Avenue $276-$1250 E 34TH Park Avenue $275-$1539 Image Sources: Wikipedia Commons, Google Maps 26 View from the Street: November 2017 Midtown East Midtown East View from the Street: November

15 UPTOWN UPPER EAST SIDE UPPER WEST SIDE 28 View from the Street: November 2017 Midtown East Midtown East View from the Street: November

16 UPPER EAST SIDE BREAKDOWN UPPER EAST SIDE 1 $41,000, E 73 ST 10,410 $3,939 2 $33,200,000 7 E 76 ST 14,000 $2,371 3 $24,175, E 66 ST 9,600 $2,518 4 $21,000, E 83 ST 5,072 $4,140 5 $18,500, E 63 ST 5,585 $3,312 6 $18,000, E 71 ST 6,052 $2,974 7 $17,500, E 74 ST 6,200 $2,823 8 $14,000, E 64 ST 5,600 $2,500 9 $12,500, E 95 ST 6,680 $1, $11,200, E 70 ST 4,150 $2, $9,350, E 70 ST 7,590 $1, $9,148, E 82 ST 9,490 $ $8,000, E 68 ST 3,456 $2, $7,220, E 62 ST 3,810 $1, $7,050, E 61 ST 4,800 $1, $7,000, E 82 ST 3,420 $2, $6,982, E 62 ST 4,283 $1, $6,500, E 95 ST 4,040 $1, $6,000, E 64 ST 3,012 $1, $6,000, E 68 ST 3,500 $1, $5,750, E 94 ST 3,300 $1, $4,495, E 87 ST 1,824 $2, Development/Land $42,000, E 86 ST N/A N/A 24 Development/Land $26,000, AVE N/A N/A 25 Development/Land $12,500, E 85 ST N/A N/A 26 $19,400, E 82 ST 19,666 $ $16,500, E 74 ST 17,546 $ $15,800, LEXINGTON AVE 15,603 $1, $13,000, E 64TH ST 8,735 $1, $12,700, AVE 15,000 $ $11,200, E 84 ST 8,071 $1, $10,750, E 82 ST 8,555 $1, $9,890, E 73 ST 5,134 $1, $9,800, E 75 ST 8,370 $1, $8,140, E 85 ST 8,375 $ $8,000, AVE 8,050 $ $6,600, E 83 ST 8,835 $ $5,850, E 74 ST 4,603 $1, $5,650, E 60 ST 6,713 $ $5,075, E 89 ST 5,483 $ $4,850, E 84 ST 5,846 $ $79,500, E 64 ST 21,702 $3, $19,250, E 73 ST 5,572 $3, $17,000, E 78 ST 17,266 $ $61,500, MADISON AVE 9,276 $6,630 Condo 19 EAST 64TH ST $79,500, MADISON AVE $61,500,000 ASKING RETAIL RENTS $ PER SQUARE FOOT 1st Avenue $ nd Avenue $ rd Avenue $ East 60th Street $ East 64th Street $ Lexington Avenue $ Madison Avenue $ Park Avenue $ York Avenue $ EAST 86TH ST $42,000, EAST 73RD ST $41,000,000 STUDIO 1 BEDROOM 2 BEDROOM 3 BEDROOM UES $2,505 $3,083 $4,974 $7, $6,210, MADISON AVE 3,581 $1, $6,000, MADISON AVE (3) 1,693 $3, $5,250, E 77 ST (3) N/A N/A TOTAL SALES $732,986,520 Image Sources: Wikipedia Commons, Google Maps 30 View from the Street: November 2017 Upper East Side Upper East Side View from the Street: November

17 UPPER WEST SIDE BREAKDOWN UPPER WEST SIDE 1 $15,800,000 3 RIVERSIDE DR 10,897 $1,450 2 $15,500, W 73 ST 6,485 $2,390 3 $14,900, W 70 ST 7,626 $1,954 4 $13,000, W 85 ST 7,856 $1,655 5 $12,235, W 90 ST 7,000 $1,748 6 $11,850, W 88 ST 9,400 $1,261 7 $11,650, W 88 ST 5,509 $2,115 8 $10,500, W 95 ST 5,560 $1,888 9 $10,000, W 90 ST 5,210 $1, $9,475, W 87 ST 6,300 $1,504 Condo 11 $6,450, W 79 ST 3,942 $1, $5,510, W 84 ST 3,401 $1, $5,400, W END AVE 4,000 $1, $5,000, W 100 ST 5,080 $ $3,500, W 94 ST 3,051 $1, $51,000, W 107 ST 100,564 $ $42,000, W 85 ST 51,520 $ $41,000, CENTRAL PARK W (3) 155,975 $ WEST 107TH ST $51,000, WEST 85TH ST $42,000, CENTRAL PARK WEST $41,000, $37,890, W 109 ST (1) N/A N/A 20 $23,500, W 102 ST 36,252 $ $17,052, W 107 ST 31,790 $ $11,700, W 86 ST 9,398 $1,245 ASKING RETAIL RENTS $ PER SQUARE FOOT STUDIO 1 BEDROOM 2 BEDROOM 3 BEDROOM 23 $10,692, W 104 ST (1) N/A N/A 24 $10,350,000 5 W 101 ST 12,805 $ $10,200, W 74 ST 12,302 $ $9,400, W 106 ST 11,390 $ $9,050, W 69 ST 6,478 $1,397 Amsterdam Avenue $88-$204 Broadway $110-$400 Columbus Avenue $78-$287 West 72nd Street $112-$294 UWS $2,774 $3,546 $5,544 $7, $7,600, W 81 ST 7,330 $1, $7,595, COLUMBUS AVE 12,207 $ $6,990, W 89 ST 6,275 $1, $6,900, W 71 ST 4,940 $1, $6,696, W 88 ST 6,666 $1, $6,550, W 76 ST 6,399 $1, $5,950, W 88 ST 5,782 $1, $5,700, W 75 ST 6,531 $ $5,550, W 72 ST 6,173 $ $5,500, W 78 ST 3,856 $1, $5,243, W 108 ST 9,433 $ $4,959, RIVERSIDE DR (1) N/A N/A 40 $3,788, W 87 ST 4,109 $ $3,100, W 88 ST 4,095 $ $4,250, W 92 ST 4,536 $937 TOTAL SALES $510,976,474 Image Sources: Wikipedia Commons, Google Maps 32 View from the Street: November 2017 Upper West Side Upper West Side View from the Street: November

18 EASTERN CONSOLIDATED Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country s preeminent full-service commercial real estate firms. Through three core divisions Investment Sales, Capital Advisory, and Leasing Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. INVESTMENT SALES SERVICES Eastern s Investment Sales Division represents an impressive array of prominent real estate families, institutions, and private investors in transactions that include multifamily buildings, portfolios, retail condos, development sites, hotels, and office towers in all five boroughs. RETAIL LEASING SERVICES We offer both Landlord and Tenant Advisory Services. With decades of experience, our dynamic Leasing team negotiates more than 100 retail leases each year in buildings owned and managed by some of the city s most prominent landlords. CAPITAL ADVISORY SERVICES We offer access to unique sources of capital through our longstanding relationships with capital providers. These include regional and national commercial banks, foreign banks, agency lenders, institutional firms, insurance companies, domestic and international private equity funds, hedge funds, and high net worth individuals. Investment Sales Services Mixed-Use Properties Portfolios Buildings Condos/Co-ops Development Sites Air Rights s Parking Garage Sales/Leasing 1031 Exchange Opportunities Leasing Services Tenant Advisory Landlord Advisory National Chains International Brands Emerging Brands Restaurants Medical Fitness & Recreational Apparel Educational Capital Advisory Services Bridge Financing Construction Financing Single-Tenant Financing Permanent Financing Commercial Lending CMBS Mezzanine Financing & Preferred Equity Joint Venture Equity PROVEN MARKET EXPERTS EASTERN TRANSACTION: ONE BRYANT PARK FOR MORE INFORMATION Follow us on Twitter@EasternConsol 34 View from the Street: November 2017 View from the Street: November

19 INVESTMENT SALES RETAIL LEASING CAPITAL ADVISORY F O LEXINGTON AVENUE NEW YORK, NY 10017