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1 harlem piers dinosaur HUDSON RIVER bar-b-que fairway market 350K stop to midtown harlem piers dinosaur HUDSON RIVER bar-b-que fairway market pisticci factory district uni AMSTERDAM columbia university 2 separate lobbies que vibrant city college 350K stop to midtown new class a office building broadway w.25th LEED CERTIFIED urbanistic transformative TECH SPACE contemporary LOFT-LIKE CEILINGS street BIKE CONCIERGE A B C D TRAINS community HARLEM STAGE sq ft the studio museum RED ROOSTER HARLEM SHAKE APOLLO THEATER FLOOR TO CEILING GLASS new class a office building pisticci factory district broadway uni w.25th city college AMSTERDAM columbia university LEED CERTIFIED 2 separate lobbies que vibrant street urbanistic transformative TECH SPACE contemporary LOFT-LIKE CEILINGS BIKE CONCIERGE A B C D TRAINS community HARLEM STAGE sq ft the studio museum RED ROOSTER HARLEM SHAKE APOLLO THEATER FLOOR TO CEILING GLASS

2 PAGE 22 On the site of the former Taystee bakery, a new 350,000 square foot Class A, LEED-certified, state-of-the-art building will rise. The former bakery will become a destination for today s innovative businesses and will meld a modern aesthetic into the context of the area s former industrial buildings. Overview Neighborhood LOCATION MANHATTANVILLE PROPERTY 3 PAGE 8 PAGE 2 4 PAGE PAGE PAGE 0 PAGE 20 Facts & figures Development TEAM The Taystee Building is the next phase in the development of the. million square foot Manhattanville Factory District being created by the Janus Property Company. The first two phases, the Mink Building and the Sweets Building, are 00% complete and fully-leased. The third phase Malt House is currently under construction. At the intersection of West 26th and 27th Streets, the Taystee Building will complement Columbia University s and City College s extraordinary campus expansions and connect to the historic excitement of the 25th Street arts and culture corridor. It will share its 2st century vibe with the industrial fabric of the Factory District and will bring a new level of activity to one of New York s most exciting neighborhoods. OVERVIEW 4

3 OVERVIEW THE BUILDING IS TRANSFORMATIVE. It will completely REVITALIZE the growing MANHATTANVILLE FACTORY DISTRICT, bridging Columbia university and city college with the 25th street arts and culture corridor. SCOTT METZNER & JERRY SALAMA The Janus Property Company OUR DESIGN CELEBRATES THE INDUSTRIAL CONTEXT WHILE INVITING TENANTS, NEIGHBORS, Pedestrians & cyclists TO ENJOY THIS NEW DYNAMIC URBAN HUB. 5 6 David Leven & Stella betts LevenBetts Architects OVERVIEW

4 OVERVIEW 7 8 OVERVIEW Something Taystee The Janus Property Company has built a reputation for creativity, integrity and success, becoming a leader in transforming New York s obsolete buildings and underutilized land into newly active and lively neighborhoods. With over 25 years of deep experience developing, building and managing commercial, multi-family and mixed-use projects in New York, Janus recently turned its focus to the Manhattanville Factory District between West 25th and 28th Streets in West Harlem. The District encompasses over three acres of extraordinary industrial buildings and vacant lots. Based on its impressive track record and widespread community support, Janus was selected in a City-wide competition by New York s Economic Development Corporation to develop the old Taystee bakery complex, fronting 25th Street and spanning 400 feet on West 26th Street, into the defining element of the Factory District. Subsequent to the award, the New York State Economic Development Council selected Janus to receive a $0mm grant and New York City created the 5th Special Mixed-Use Rezoning District, allowing Janus the opportunity to bring its exciting vision for the Factory District and the extraordinary new Taystee Building to a delicious reality.

5 Situated on New York s beautiful Hudson River, West Harlem is a neighborhood full of energy, culture and charm. It s a short walk or bike ride on the Hudson River Greenway to the Taystee Building. In a few blocks, you can stroll through Riverside Park, visit world-class educational institutions or shop at the Fairway gourmet grocery. Welcome to The neighborhood The Taystee Building is located in the heart of West Harlem s famous 25th Street arts and culture corridor. New and exciting restaurants and clubs are opening. Red Rooster, Dinosaur Bar-B-Que, Minton s Playhouse, the legendary Apollo Theater, the Studio Museum of Harlem and Columbia University are all here. Red rooster Jin Ramen Harlem piers Studio museum RIVERSIDE park Jerome L. Greene Center Harlem stage Dinosaur Bar-B-Que MINTON S PLAYHOUSE Columbia university Barnard college City college of the CITY UNIVERSITY OF NY Neighborhood Photo Credits: () Kullez, (4) Matthew Kiernan, (0) WalkingGeek, (3 & 2) djprybyl, Apollo theater Pisticci Gavin brown s enterprise Fairway market

6 MORNINGSIDE AVENUE AT THE INTERSECTION OF MSTERDAM AVENUE The Taystee Building is located at the unusual and beautiful intersection of West 26th & 27th Streets, the center of the special experience that is the master-planned Factory District. Just to the east is the 25th Street A, B, C and D subway lines. The A and D express trains are one stop to Midtown. Just west is the Broadway # subway line, serving the entire west side of Manhattan. The Taystee Building is also easy to reach by bus, as many major routes converge at 25th Street and two-way Amsterdam Avenue. The West Side Highway and Hudson River Greenway bike path are two avenues to the west. Bike commuters will enjoy the convenience of an indoor street level bike concierge just off the building s west lobby. a c b d 26 & 27 EDUCATION & Research DINING Columbia University City College of the City University of New York CUNY Advanced Science Research Center Barnard College Union Theological Seminary Jewish Theological Seminary Manhattan School of Music Jerome L. Greene Science Center New York Structural biology center Center for discovery & innovation Theater, arts & culture Apollo Theater Minton s Playhouse Harlem Stage Showmans Jazz Club Gavin brown s enterprise Harlem School of the Arts National Jazz Museum SoHarlem: CREATIVE OUTLET Studio Museum Dinosaur Bar-B-Que Maison Harlem Bierstrasse THE GRANGE Jin Ramen Kitchenette Toast Pisticci Max Soha Nikko Red Rooster Chez Lucienne PARKS & recreation RIVERSIDE PARK Harlem Piers Hudson River Greenway Morningside Park Riverbank State Park General Grant National Memorial Hamilton Grange Corner Social Sohha Savory Yogurt Harlem Shake Barawine Serafina ChoKolat patisserie Harlem Tavern Flat Top Vinateria Friedman s Lido s Oaxaca Taqueria HUDSON RIVER WEST SIDE HWY RIVERSIDE PARK COLUMBIA UNIVERSITY MINK ENTRANCE AMSTERDAM AVENUE Taystee ENTRANCE W 25TH STREET COLUMBIA UNIVERSITY BROADWAY MALT HOUSE Malt ENTRANCE West ENTRANCE W 25TH STREET PARK MORNINGSIDE W 26TH STREET AMSTERDAM AVE SWEETS BUILDING B A C D W 28TH STREET W 27TH STREET East ENTRANCE CITY COLLEGE ST NICHOLAS PARK APOLLO THEATER Sweets ENTRANCE Location 2

7 From the mid-9th to early-20th century, the historic village of Manhattanville was an energetic industrial neighborhood, bursting with breweries and factories. One hundred years later, the Manhattanville Factory District is once again becoming one of the most exciting places in New York. More and more, the District is becoming home to growing commercial businesses, not-for-profits, and the students and researchers of the adjacent Columbia University $7 billion 7-acre expansion and CUNY s flagship City College. The District starts with the natural urban beauty of the area with its unique intersection at 26th and 27th Streets and its striking brick and bluestone buildings. The Janus masterplan overlays an independent series of mid-block landscaped Manhattanville 4 3 Manhattanville Factory district Manhattanville passageways and plazas beginning at West 25th Street and extending to 28th Street. This unique amenity will connect the main entrances of the 350,000 square foot Taystee Building with the 250,000 square foot Malt House, 50,000 square foot Sweets Building and 50,000 square foot Mink Building. These broad light-filled green spaces will feature beautiful landscaping and numerous places to gather, hold an outdoor meeting or just enjoy an Autumn day. And at the center of it all lies the iconic Taystee Building.

8 PROPERTY 5 6 PROPERTY Innovative and exciting Design matters to Janus, and at the Taystee Building, every design detail has been considered. The award-winning architectural firm, LevenBetts, has created an unequivocally modern and efficient building. Its facades of black steel and large expanses of glass evoke the area s industrial past, while bringing the transparency of 2st century architecture to the block. The building s two lobbies provide tenants convenient access whether coming from the east or west. A streetlevel bike concierge is adjacent to the west lobby. Both lobbies are awash in natural light and feature laseretched pre-cast wall panels, polished concrete floors and expanded metal ceilings. The building s two elevator/bathroom cores and wide column spacing assure maximum tenant layout flexibility. The high ceilings and floor-to-ceiling glass provide all tenant spaces with abundant natural light, creating warm, inviting and productive work spaces. On several floors, interiors open to expansive outdoor space.

9 PROPERTY PROPERTY 7 8 The first of its kind The Taystee Building offers tenants an exceptional work environment with 350,000 square feet of the most-desired features and amenities that enhance the modern work experience: State-of-the-art HVAC systems, elevators and infrastructure LEED Silver certification Large floor plates with efficient cores Expansive 30 column spacing High ceilings with minimum 3 7 floor-to-floor heights Views and natural light from floor-to-ceiling glass Extensive green spaces First class work environment

10 Stacking plan PENTHOUSE 2 2,833 rsf T ALL TACKS UP PENTHOUSE FLOOR 3 FLOOR 2 Floor 9,394 RSF Space Qty. Workstation 96 Office 5 Meeting Room 2 Conference Room Breakout Area Cafe Copy / Print / Mail Total 07 Space Qty. Workstation 83 Office 9 Reception Meeting Room 3 Conference Room 2 Collaboration Area Breakout Area 2 Cafe / Pantry Copy / Print 2 Mail Total 205 Space Qty. Workstation 228 Office 22 Reception Meeting Room 3 Conference Room 4 Cafe / Collab. Zone Pantry Copy / Print Mail Total 262 MEETING CONFERENCE RECEPTION MEETING CAFE/PANTRY COPY/ PRINT 35,80 rsf 35,80 rsf BREAKOUT AREA BREAKOUT AREA CONFERENCE MEETING LAN COPY/ PRINT COPY/ MAIL FREIGHT T23 FLOOR 8 28,609 rsf CREATIVE TEST FIT 35,80 rsf 35,80 rsf 22,739 SF 26,330 SF CONFERENCE CONFERENCE RECEPTION CONFERENCE COATS CAFE/PANTRY MEETING COPY/ MAIL COPY/ PRINT MEETING LAN Floors 2-5 STRETCHER (76"x24") Garden level MEETING FREIGHT CONFERENCE High-density TEST FIT 35,80 rsf 20 30,979 rsf PROPERTY 3,52 rsf STRETCHER (76"x24") FLOOR 4 Penthouse CREATIVE TEST FIT COATS FLOOR 5 28,609 rsf COATS FLOOR 6 28,609 rsf COATS FLOOR 7 9,394 rsf COATS FLOOR 8 26th street PANTRY FLOOR 9 Floor plans and test fits

11 Facts & figures Tenant economic incentive benefits Facts & figures Design Details 0 Exterior Wall Glass curtain wall and window wall Column Spacing 30 east to west north to south Core Orientation Dual side core Structural Steel frame and concrete slab Floor Load 50 lbs. live load Elevators 5 Passenger & Freight/Passenger Telecommunications 2 telco closets per floor Loading Dock Drive-in Two Glass Separate east and west tenant entries LOBBIES Base Building Mechanical And Electrical Floor to Ceiling Tenant Electrical Load Capacity 6 watts per square foot demand load exclusive of base building HVAC LEED SILVER BIKE ROOM Indoor, street level bike concierge Subways A, B, C, D and trains Storm water reclamation system COMMERCIAL RENT TAX EXEMPTION Gross building area 350,000 rsf Building Taystee tenants are exempt from the occupancy tax that companies Features pay south of 96th Street. This exempts users from an annual tax hvac - Cooling SYSTEM RELOCATION & of 3.9% of the rent, representing,200 ton (3) cell cooling tower savings of over $2 per square Outdoor SPACE Ample capacity for tenant EMPLOYMENT foot per year. supplemental cooling Energy Cost HVAC - cooling DISTRIBUTION ASSISTANCE Savings PH 2 Floor-by-floor water-cooled package units PROGRAM Annual Program 4,552 sf and Business Taystee tenants that relocate jobs Savings from outside New York City or from below 96th Street in Manhattan are Rate FLOORS PH eligible to receive REAP business income tax credits equal to $3,000 per employee per year for twelve Qualifying Taystee tenants will 6,677 sf years. A company relocating benefit from reduced electric rates 200 employees would receive a from two programs: ECSP and BIR. $600,000 per year income tax The first program will reduce the credit under REAP representing entire electric bill by approximately savings of between $5 and $20 Floor To Floor Heights FL 8 5% to 20% for each of twelve per square foot per year. 2nd Floor 5 years; the second program will 3rd-th Floors 3 7 reduce the entire electric bill by an additional 2% to 5% for fifteen 2,20 sf years. Combined savings range 2 Finished Ceiling Heights from approximately 27% to 35% of 22 2nd Floor 6 3rd-th Floors 0 0 Sustainability FEET FL 6 3,525 sf REAL ESTATE TAX EXEMPTION TWO LOBBIES Heating SYSTEM Gas-fired hot water condensing boilers Heating DISTRIBUTION Floor-mounted fin-tube radiation including electric control valves Incentive $3, %rent PER EMPLOYEE total electric costs. Tech, life science and other manufacturers may also benefit from savings on gas charges. 27 TO 35 Percent The Taystee Building will qualify for an enhanced 25 year Industrial and Commercial Abatement Program (ICAP) real estate tax benefit that will significantly reduce tenants exposure to real estate tax increases. Enhanced 25 Year i.c.a.p. Facts & figures

12 taystee team DEVELOPMENT TEAM THE BUILDING IS BEING DEVELOPED BY THE JANUS PROPERTY COMPANY. JANUS IS PROUD OF ITS LONG-TERM TRACK RECORD OF SUCCESS, DEEP LOCAL INVOLVEMENT AND SUPPORT, AND PROVEN COMMITMENT TO QUALITY AND VALUE. 23 The janus property company Developer SCOTT METZNER founded Janus over 25 years ago. With his partner, Jerry Salama, their development work has included extensive rehabilitation and new construction of market rate and affordable rental and condominium housing, mixed-use projects, large-scale commercial buildings, and the master-planning and re-zoning of the largest non-institutional assemblage of privatelyowned property in West Harlem. Mr. Metzner was one of the earliest developers involved with Harlem s current re-birth. In addition to his New York projects, Mr. Metzner has been active in both national real estate markets and international capital markets in senior positions at Roseland Property Company, Daiwa Securities America and as a partner at Eastdil Realty, a precursor to Eastdil-Secured. Mr. Metzner received a Master of Business Administration from Columbia University and a Bachelor of Architecture professional degree from the University of Maryland. He serves on the Executive Committee of the board of Phipps Houses, New York s largest affordable housing developer/owner, is a board member of Phipps Neighborhoods and is Co-Chairman of the Board of the Lower East Side Tenement Museum. JERRY SALAMA has been a Principal of the Janus Property Company for almost 20 years. Prior to Janus, Mr. Salama was Deputy Commissioner of the New York City Department of Housing Preservation and Development, Acting General Manager of the New York City Housing Authority and Counsel to the Deputy Mayor of New York for Finance and Economic Development. Earlier in his career, Mr. Salama was a real estate attorney with the law firm of Paul, Weiss, Rifkind, Wharton & Garrison. Mr. Salama received a J.D. from Harvard Law School, a Master in Public Policy from Harvard s Kennedy School of Government and a Bachelor of Arts in Public Policy from the University of Pennsylvania. For more than 20 years, he has taught a course at the New York University School of Law entitled Land Use, Housing and Community Development in New York City. OUR TEAM LevenBetts Design Architect SLCE Architects Executive Architect De Nardis Engineering Structural Engineer Jack Green Associates MEP Engineers Cushman & Wakefield Leasing The City of New York New York City Economic Development Corporation The State of New York the New York State Empire State Development corp. Manhattan Community Board #9

13 EXCLUSIVE LEASING AGENT Cushman & Wakefield 290 avenue of the Americas new York, ny 004 Jonathan Fales T Jonathan.Fales@cushwake.com Myles Fennon T myles.fennon@cushwake.com David Itzkowitz T david.itzkowitz@cushwake.com THE BUILDING 450 WEST 26TH STREET The trademark is used under license.

uni uni w.125th w.125th FLOOR TO CEILING GLASS TRAINS TRAINS LOFT-LIKE CEILINGS LOFT-LIKE CEILINGS AMSTERDAM AMSTERDAM 1 stop to midtown

uni uni w.125th w.125th FLOOR TO CEILING GLASS TRAINS TRAINS LOFT-LIKE CEILINGS LOFT-LIKE CEILINGS AMSTERDAM AMSTERDAM 1 stop to midtown harlem piers dinosaur HUDSON RIVER bar-b-que fairway market 350K stop to midtown harlem piers dinosaur HUDSON RIVER bar-b-que fairway market pisticci factory district uni AMSTERDAM columbia university

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