Manhattan Decade

Manhattan Decade 22 211 prepared by:

INtroduction millersamuel.com 212 Miller Samuel Inc. and Prudential Douglas Elliman. All worldwide rights reserved. Manhattan Co-ops and Condos 5 Manhattan Co-ops 8 Manhattan Condos 1 Manhattan Luxury Co-ops and Condos 12 Manhattan Loft Co-ops and Condos 12 East Side/West Side/Downtown Co-ops and Condos 13 East Side/West Side/Downtown Co-ops 14 East Side/West Side/Downtown Condos 15 East Side Co-ops 16 Condos 17 Upper East Side Co-ops 18 Condos 19 Fifth Avenue/ Park Avenue Corridor Co-ops 2 Yorkville Co-ops 21 Condos 22 East End Avenue Co-ops 23 Carnegie Hill Co-ops 24 Condos 25 Lenox Hill Co-ops 26 Condos 27 Sutton/Beekman Co-ops 28 Midtown East/Turtle Bay Co-ops 29 Condos 3 West Side Co-ops 31 Condos 32 Upper West Side Co-ops 33 Condos 34 Riverside Drive/West End Avenue Corridor Co-ops 35 Central Park West Co-ops 36 Lincoln Center Co-ops 37 Condos 38 Midtown West/Clinton Co-ops 39 Condos 4 Downtown Co-ops 41 Condos 42 Union Sq./Gramercy Kips Bay/Murray Hill Co-ops 43 Condos 44 Chelsea Co-ops 45 Condos 46 Greenwich Village Co-ops 47 Condos 48 East Village/Lower East Side Co-ops 49 Soho/TriBeCa Co-ops 5 Condos 51 Battery Park City Condos 52 Financial District Co-ops 53 Condos 54 Uptown Co-ops and Condos 55 Harlem/East Harlem Co-ops and Condos 56 Hamilton/ Morningside Heights Co-ops and Condos 57 Washington Heights Co-ops and Condos 58 Fort George Co-ops and Condos 59 Inwood Co-ops and Condos 6 Published by Prudential Douglas Elliman Real Estate Senior Graphic Designer: Kateri Whited Cover Photographer: Evan Joseph 2

Manhattan Markets 212. Prudential Financial, Inc. and its related entities. An Independently owned and operated member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. Prudential douglas elliman For a century, Prudential Douglas Elliman has been an unrivaled leader in New York s real estate. Founded in 1911 by Douglas L. Elliman, the firm quickly became a household name and the brokerage of choice for New York s elite. Today, with over 3,5 real estate professionals and more than 6 office locations throughout New York City (Manhattan, Brooklyn, Queens, Bronx), Long Island, including the Hamptons and North Fork, Westchester/Putnam and South Florida, Prudential Douglas Elliman is New York s largest real estate firm and ranks fourth nationwide by sales volume. Our comprehensive portfolio of real estate services includes sales and rental brokerage, retail and commercial sales and leasing, new development marketing and sales, relocation and settling-in services, as well as mortgage financing, title services and property management through our related companies, DE Capital Mortgage, a Wells Fargo affiliate, PDE Title, and Douglas Elliman Property Management. In addition, our strategic partnerships with leading international real estate firms extend our reach to over 43 countries on 6 continents. Visit elliman.com to browse thousands of properties and learn more about market trends. Miller Samuel Miller Samuel is an independent residential real estate appraisal and consulting firm that covers the greater New York City metropolitan area, including Manhattan, Brooklyn, Queens, The Bronx, Staten Island, Westchester County, Fairfield County, Northern New Jersey and Long Island including the Hamptons/North Fork. Founded in 1986, its clients include domestic and international financial institutions, law firms, consulting firms, developers, employee relocation companies, co-op boards and condo associations, managing agents, individuals and government agencies. Miller Samuel provides appraisal services for purchase and refinance mortgage origination, collateral management, auctions, estate, trust, gift, divorce, bankruptcy, litigation, buyer and seller valuations, as well as expert witness services and extensive assignments covering roof, hallway, basement and other common area valuations and share allocations. Miller Samuel publishes a series of market studies to promote housing market transparency for Manhattan, Brooklyn, Queens, Westchester and Putnam Counties, Long Island, Hamptons/North Fork and Miami. Miller Cicero, its commercial affiliate, is an independent commercial real estate appraisal and consulting firm that serves the greater New York City metropolitan area. Miller Cicero performs advisory services concerning office, retail and multi-unit residential, new development, commercial, sales and lease analysis. For daily coverage of the real estate economy, visit the blog Matrix: Interpreting The Real Estate Economy at matrix.millersamuel.com. For questions regarding this report or for appraisal inquiries, please contact the report author, Jonathan J. Miller, President/CEO at jmiller@millersamuel.com or follow him on Twitter at @jonathanmiller The Elliman Report: Manhattan Sales Quarterly overview of co-op and condo sales Manhattan Rentals Quarterly overview of residential rentals Manhattan Decade Annual 1-year overview of co-op and condo sales Manhattan Townhouse Annual 1-year overview of townhouse sales Brooklyn Sales Quarterly overview of residential sales Queens SALES Quarterly overview of residential sales Long Island SALES Quarterly overview of residential sales Hampton/North Fork SALES Quarterly overview of residential sales Hampton/North Fork Decade Annual 1-year overview of residential sales Recent Additions to the Series: Long Island Decade Annual 1-year report of residential sales Westchester/Putnam Sales Quarterly overview of residential sales Miami SALES Quarterly overview of residential sales 3

INtroduction Methodology For more information on how this report is prepared, visit: www.millersamuel.com/reports/methodology Market boundaries While the boundaries for these neighborhoods are presented in each market area that is analyzed, a summary page of all boundaries can be viewed here: www.millersamuel.com/reports/boundaries Market Coverage The coverage of the Manhattan real estate market in this report includes the entire island of Manhattan. The areas presented overlap in numerous ways because they reflect different markets, neighborhoods and sub-neighborhoods. The totals from these breakdowns exceed the overall Manhattan statistics. For example, a condo sale in Carnegie Hill is also included in the Upper East Side condo statistics, the East Side condo statistics, East/West/Downtown condo statistics, Manhattan condo statistics and Manhattan co-op and condo statistics. The idea behind this coverage approach was to parse market information in commonly accepted delineations that were most requested, but most importantly, had adequate depth of data to extract trends. These aggregate statistics can also be reviewed and generated as custom tables at: www.millersamuel.com/data Source Data The data used in this report is based on the aggregate of the four quarterly reports published during the year based on the data available at each quarterly report release. After the end of each quarter, because of the lag between closing date and recording date, sales data continues to fall within those quarterly report time frames. As a result, this report does not include all sales to occur during the year but is based on a large enough sample size to be a market trend reference. contact Miller Samuel Inc. Real Estate Appraisers & Consultants 21 West 38th Street, New York, NY 118 (212) 768-81 millersamuel.com Prudential Douglas Elliman Real Estate 575 Madison Avenue New York, NY 122 (212) 891-7 elliman.com 4

Manhattan edged higher year-over-year. There were 1,161 sales in 211, the third highest total of the decade. The total was 1% above the prior year total of 1,6 but 24.3% below the 27 housing boom peak of 13,43. Price indicators were mixed. Median sales price was $85,, 3.4% below $88, in 21 and 88.9% above $45, in 22. Average sales price followed the same pattern. Price per square foot edged up 2.5% to $1,87, from $1,6 in the prior year, reaching its third highest level in the decade. Listing inventory and listing discount declined. There were 7,221 listings at the end of 211, nominally less than 7,232 listings at the end of 21. The 211 result was 3.8% less than the 7,56 inventory total in 22. MANHATTAN CO-OPS AND CONDOS The number remained above the 1, sale threshold for the second consecutive year and for the fourth time in the decade. There were 1,161 sales in 211, the third highest total of the decade. The total was 1% above the prior year total of 1,6, but 24.3% below the 27 housing boom peak of 13,43. The weakest period activity for the decade was in 29, the year after the Lehman tipping point in late 28, when the credit crunch and low consumer confidence stifled sales activity. The second weakest period surprisingly occurred in 25, after affordability fell sharply with the highest pace of price appreciation in the decade. The last two years of the decade saw the most sales of 3-bedroom and 4-bedroom apartments as the market benefited from unstable global economic conditions. Foreign buyers and the wealthy continued to seek financial refuge in the high-end Manhattan housing market. The year-over-year price indicators were mixed, but have continued to remain relatively stable for the past three years after the sharp price correction at the end of 28. The 211 median sales price of a Manhattan apartment was $85,, 3.4% below $88, in 21. The price indicator was at its fourth highest level in the decade and 88.9% above its level in 22. Average sales price followed the same pattern, sliding 2.1% to $1,426,912 in 211 from $1,457,255. The price indicator was the third highest of the decade and 79.5% above 22 levels. Price per square foot edged 2.5% to $1,87 from $1,6 in 21, reaching its third highest level of the decade. The 3-bedroom and 4-bedroom market price indicators were generally consistent with levels seen in 24-25. Studios and 1-bedroom or the entry-level market were consistent in price with 25-26 levels, while the 2-bedroom market was consistent with 26 levels. Listing inventory continued to decline. There were 7,221 listings at the end of 211, nominally less than 7,232 listings at the end of 21. The 211 result was 3.8% less than the 7,56 inventory in 22. Modest inventory levels have been the key to market stability in the past two years. The market has also been helped by declining shadow inventory, defined as housing units completed and ready for marketing but not formally offered for sale. After the onset of the credit crunch in 28, new development activity stalled, but regained some traction as housing stock was re-priced lower to new market levels or was repurposed to other uses such as rental or hotels which reduced inventory. The modest amount of active inventory (excluding shadow inventory) has also tempered days on market and listing discount. The number of days to sell a Manhattan apartment was 127 in 211, 8 days slower than in 211, but roughly the same as the 126 day average for number of days on market for 22. Listing discount, the percentage difference between the list price at time of sale and the sales price, was 4.3%, down from 7.1% in 21. Buyers and sellers were more in sync on establishing sales price in 211 than they were in 21. 5

Manhattan MANHATTAN co-ops AND CONDOS Avg. Price / Sq. Ft. $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 Average Price / Sq. Ft. of Sales 28 29 21 211 of Sales 16, 14, 12, 1, 8, 6, 4, 2, Average Sales Price $1,426,912-2.1% $1,457,255 79.5% $795,79 Average Price Per Sq. Ft $1,87 2.5% $1,6 76.2% $617 Median Sales Price $85, -3.4% $88, 88.9% $45, of Sales 1,161 1.% 1,6 6.9% 9,59 Average Days on Market 127 6.7% 119.8% 126 Average Discount from List Price * 4.3% 7.1% 3.5% Listing Inventory 7,221 -.2% 7,232-3.8% 7,56 3 Year Fixed Mortgage (Freddie Mac) * 1 Year Adjustable Rate Martgage (Freddie Mac)* 3.91% 4.81% 6.5% 2.77% 3.4% 4.12% *Year End 211 $419,522 $686,128 $1,58,974 $3,144,46 $6,685,595 $1,426,912 21 $44,326 $661,511 $1,41,865 $3,3,612 $6,915,58 $1,457,255 29 $428,948 $711,736 $1,535,836 $2,871,516 $6,431,198 $1,393,1 28 $5,479 $814,811 $1,934,31 $4,632,348 $11,94,212 $1,591,823 27 $449,128 $736,87 $1,655,185 $4,261,11 $8,61,96 $1,351,621 26 $445,67 $75,439 $1,571,87 $3,559,657 $7,153,295 $1,295,445 25 $389,435 $648,423 $1,495,19 $3,412,859 $7,734,99 $1,221,265 24 $38,366 $521,967 $1,244,488 $2,868,754 $5,825,253 $1,4,232 23 $281,854 $451,632 $1,34,286 $2,482,126 $5,23,774 $85,34 22 $281,373 $386,851 $988,1 $2,451,429 $4,41,987 $795,79 211 $837 $92 $1,14 $1,497 $1,94 $1,87 21 $815 $877 $1,97 $1,39 $1,945 $1,6 29 $826 $94 $1,144 $1,374 $1,924 $1,73 28 $993 $1,87 $1,373 $1,8 $2,831 $1,251 27 $924 $989 $1,215 $1,568 $2,328 $1,12 26 $859 $922 $1,13 $1,49 $1,9 $1,31 25 $8 $855 $1,43 $1,39 $1,99 $956 24 $632 $689 $819 $1,57 $1,481 $767 23 $545 $598 $717 $986 $1,356 $672 22 $552 $496 $682 $951 $1,19 $617 211 $39, $63, $1,285,126 $2,665, $5,2, $85, 21 $384,8 $622,647 $1,235,33 $2,595, $5,65, $88, 29 $395,46 $655, $1,272,812 $2,4, $5,113,562 $85, 28 $46, $75, $1,6, $3,79, $9,35, $955, 27 $415, $69, $1,387, $3,495, $6,45, $86, 26 $41, $65, $1,355, $3,15, $5,8, $83, 25 $365, $61, $1,272, $2,995, $5,85, $75, 24 $288, $484, $99, $2,345, $5,535, $65,859 23 $246,188 $415, $855, $2,5, $3,7, $495, 22 $227, $38, $795, $1,996, $3,8, $45, of Sales 211 1,434 3,591 3,659 1,119 358 1,161 21 1,144 3,525 3,65 1,416 37 1,6 29 1,267 2,728 2,216 949 27 7,43 28 1,93 3,587 4,139 477 193 1,299 27 2,286 4,591 5,723 661 169 13,43 26 1,272 3,31 3,631 392 167 8,493 25 1,261 2,796 3,179 48 136 7,78 24 1,395 3,16 3,653 437 152 8,653 23 1,284 3,118 3,862 398 14 8,82 22 1,313 3,463 4,94 516 123 9,59 6

Manhattan MANHATTAN co-ops AND CONDOS Listing Inventory Average square footage by bedrooms 7, 6, Co-ops Condos 4, 3,5 3,78 3,498 22 211 5, 4, 3, 3, 2,5 2, 1,5 1,57 1,335 2,663 2,159 1,3251,314 2, 1, 52.2% 47.8% 52.7% 47.3% 52.6% 47.4% 52.3% 47.7% 53.6% 46.4% 53.7% 46.3% 53% 47% 51.9% 48.1% 54.2% 45.8% 53.9% 46.1% 54% 46% 53.2% 46.8% Jan 11 Feb 11 Mar 11 Apr 11 May 11 Jun 11 Jul 11 Aug 11 Sept 11 Oct 11 Nov 11 Dec 11 1, 5 493 55 Studio 799 746 1 Bedroom 2 Bedroom 3 Bedroom 4+ Bedroom All Manhattan 211 number of units sold 211 aggregate purchase dollars > $4M 5.6% < $1M 58.5% < $1M 24.2% $1M - $4M 48.6% $1M - $4M 35.9% > $4M 27.2% 211 number of units sold by area 211 number of units sold by bedrooms Uptown 7% Studio 14.1% West Side 24.6% Downtown 39.4% 4+ Bedroom 3.5% 1-Bedroom 35.3% 3-Bedroom 11% East Side 28.9% 2-Bedroom 36% 7

Manhattan MANHATTAN co-ops AND CONDOS DAYS ON MARKET/LISTING DISCOUNT Market Sales Volume Days on Market 2 175 15 125 1 75 5 25 22 23 24 25 26 Days on Market Listing Discount 27 28 29 21 Listing Discount 211 12% 1% 8% 6% 4% 2% % $2,,, $18,,, $16,,, $14,,, $12,,, $1,,, $8,,, $6,,, $4,,, $2,,, $ 22 23 24 25 26 27 28 29 Condos Co-ops 21 211 Market Area Ranking (percent change of average price per square foot, 21-211, co-ops, condos) Market Area Type % Change Greenwich Village Condos 21.9% Lincoln Center Condos 16.3% Upper West Side Condos 13.7% Carnegie Hill Condos 13.7% West Side Condos 11.5% Union Square + Gramercy + Kips Bay + Murray Hill Condos 11.% Financial District Co-ops 8.6% Financial District Co-ops + Condos 8.6% Financial District Condos 8.5% East Village + Lower East Side Co-ops 8.4% Midtown West + Clinton Condos 8.2% Midtown West + Clinton Co-ops + Condos 7.8% Lincoln Center Co-ops + Condos 7.2% Greenwich Village Co-ops + Condos 6.8% East Side + West Side + Downtown Condos 6.5% Downtown Condos 6.3% Chelsea Condos 5.9% Soho + Tribeca Co-ops 5.8% Fifth Ave + Park Ave Corridor Co-ops 5.7% West Side Co-ops + Condos 5.5% Lenox Hill Co-ops 5.5% Yorkville Co-ops 5.4% Manhattan Condos 5.3% Upper West Side Co-ops + Condos 5.% Carnegie Hill Co-ops + Condos 4.7% Upper East Side Condos 4.4% Greenwich Village Co-ops 4.4% Upper East Side Co-ops 4.3% Fort George Co-ops + Condos 4.2% Upper East Side Co-ops + Condos 3.9% Soho + Tribeca Co-ops + Condos 3.3% East Side + West Side + Downtown Co-ops + Condos 3.1% Union Square + Gramercy + Kips Bay + Murray Hill Co-ops + Condos 3.1% East Side Co-ops 2.9% Market Area Type % Change Downtown Co-ops + Condos 2.9% Lenox Hill Co-ops + Condos 2.8% Soho + Tribeca Condos 2.8% Carnegie Hill Co-ops 2.7% Manhattan Co-ops + Condos 2.5% East Side Condos 2.3% East Side Co-ops + Condos 2.2% Chelsea Co-ops + Condos 1.9% Yorkville Co-ops + Condos 1.2% East End Ave Co-ops 1.% Midtown West + Clinton Co-ops.7% East Side + West Side + Downtown Co-ops.4% Downtown Co-ops.2% Manhattan Co-ops.2% Lenox Hill Condos -.2% Riverside Dr + West End Ave Corridor Co-ops -.2% Hamilton + Morningside Heights Co-ops + Condos -.4% Yorkville Condos -1.% Midtown East + Turtle Bay Condos -1.5% Sutton + Beekman Co-ops -1.8% Chelsea Co-ops -1.9% West Side Co-ops -2.% Midtown East + Turtle Bay Co-ops + Condos -2.1% Upper West Side Co-ops -2.2% Lincoln Center Co-ops -4.3% Inwood Co-ops + Condos -4.6% Midtown East + Turtle Bay Co-ops -4.6% Union Square + Gramercy + Kips Bay + Murray Hill Co-ops -5.% Central Park West Co-ops -5.8% Uptown Co-ops + Condos -6.6% Harlem + East Harlem Co-ops + Condos -8.2% Battery Park City Condos -11.% Washington Heights Co-ops + Condos -2.4% 8

Manhattan Most annual co-op sales since the credit crunch began in 28. There were 5,19 sales in 211, 6% above 4,82 sales in 21 but 15.9% below 6,78 sales in 22. Co-op sales levels were higher during the beginning of the decade. Price indicators were mixed. Median sales price fell 4.6% to $672,5 in 211 from $75, in 21, but was 74.7% above $385, in 22. Average sales price followed a similar pattern. Price per square foot edged.2% higher to $946 in 211 from $944 in 21 and was 68.3% above $562 in 22. Financial District saw largest gain and Central Park West saw most decline. Co-op sales in the financial district posted an 8.6% year-over-year increase in price per square foot, while Central Park West posted a 5.8% yearover-year decline in price per square foot. MANHATTAN CO-OPS Co-op sales activity posted a second consecutive year-over-year increase. There were 5,19 sales in 211, 6% above 4,82 sales in 21. Sales remained 2.9% below the decade peak of 6,461 in 27 and 15.9% below 6,78 sales in 22. No significant coop housing stock was added to a decade noted for the new development condo boom. Co-op market share of apartments reached 5.3% in 211, the first time it exceeded 5% since 26. Listing inventory ended the year at 3,839, 4.1% above the 21 year end total of 3,687. With the number rising faster than inventory, the monthly absorption rate fell to 9 months in 211 from 9.2 months in 21. The monthly absorption rate is the number of months to sell all active inventory at the current pace. The average rate for the decade was 9.2 months, just above the 211 average. The low point or fastest paced market of the decade was in 27 when the monthly absorption rate was 5.3 months. Price indicators across the overall co-op market were mixed. Median sales price was $672,5 in 211, 4.6% below $75, in 21, but 74.7% above $385, in 22. Average sales price followed a similar pattern, falling 2.5% in 211 to $1,147,561 from $1,177,425 in 21 but 72.7% above $664,364 in 22. Average price per square foot saw a nominal increase of.2% in 211 to $946 from $944 in 21, but was up 68.3% from $562 in 22. Because the housing stock did not see significant additions of new co-op product, the average square footage remained remarkably stable over the past decade. The average square footage of a co-op that sold in 211 was 1,213, consistent with the decade average of 1,184 square feet. The number of days to sell a Manhattan co-op in 211 was 114 days, 8 days slower than 16 days in 21 but two weeks faster than 128 days in 22. The year with the shortest average days on market occurred in 24, with a frothy 12 day average along with a 19.6% year-over-year increase in median sales price. However, the listing discount, the percentage difference between the list price at time of sale and the sale price, declined, reducing the gap between buyers and sellers. The listing discount was 3.5% for 211, down from 4.9% in 21 and unchanged from 22. The decade peak for the listing discount was 13.9% in 29 after the onset of the credit crunch in late 28. The tightest period between buyer and seller was during 24-25, when the listing discount was 1.5% and 1.7% respectively. Co-op sales in the financial district posted an 8.6% year-over-year increase in price per square foot, followed by an 8.4% increase for East Village + Lower East Side and a 5.8% increase for Soho + Tribeca. Central Park West posted a 5.8% year-over-year decline in price per square foot. The next largest decline was a 5% drop in Union Square + Gramercy + Kips Bay + Murray Hill, followed by a 4.3% decline in Lincoln Center. 9

Manhattan MANHATTAN co-ops Price/ sq. ft $1,2 $1, $8 $6 $4 $2 7, 6, 5, 4, 3, 2, 1, Average Sales Price $1,147,561-2.5% $1,177,425 72.7% $664,364 Average Price Per Sq. Ft $946.2% $944 68.3% $562 Median Sales Price $672,5-4.6% $75, 74.7% $385, of Sales 5,19 6.% 4,82-15.9% 6,78 North: Harlem River South: Battery Park East: East River West: Hudson River $ 22 23 24 25 26 27 28 29 21 211 211 $344,674 $582,547 $1,365,284 $2,78,686 $7,282,364 $1,147,561 21 $355,926 $6,369 $1,279,413 $2,714,33 $6,697,584 $1,177,425 29 $363,666 $617,241 $1,237,494 $2,342,791 $6,211,596 $1,3,63 28 $432,468 $78,339 $1,632,387 $4,97,873 $11,611,743 $1,259,725 27 $379,182 $631,648 $1,411,88 $3,482,993 $8,694,72 $1,134,954 26 $389,43 $614,77 $1,325,48 $3,23,631 $7,14,14 $1,114,737 25 $346,231 $57,974 $1,228,87 $3,91,636 $6,363,742 $1,17,347 24 $275,791 $451,716 $1,15,68 $2,491,66 $5,76,74 $846,595 23 $243,252 $412,181 $869,522 $2,262,754 $5,65,56 $744,239 22 $248,35 $342,451 $768,653 $2,447,632 $4,129,563 $664,364 211 $722 $81 $1,53 $1,38 $2,112 $946 21 $733 $88 $1,17 $1,282 $1,83 $944 29 $74 $839 $975 $1,174 $1,869 $91 28 $918 $98 $1,221 $1,63 $2,732 $1,97 27 $828 $89 $1,17 $1,411 $2,414 $1,6 26 $773 $813 $993 $1,324 $1,949 $924 25 $737 $772 $931 $1,254 $1,817 $87 24 $58 $62 $737 $1,24 $1,56 $696 23 $55 $56 $652 $988 $1.373 $623 22 $517 $455 $597 $1,36 $1,149 $562 211 $349, $55, $1,12, $2,295,25 $5,65, $672,5 21 $349, $57, $1,11, $2,4, $5,3, $75, 29 $36, $58, $1,95, $1,975, $4,75, $625, 28 $42, $66, $1,4, $3,5, $9,, $718, 27 $37, $599, $1,225, $3,25, $6,451,25 $675, 26 $375, $588,778 $1,15, $2,9, $5,6, $675, 25 $325, $545, $1,4, $2,8, $5,6, $635, 24 $258, $427,5 $845, $2,1, $5,295, $5, 23 $227,5 $385, $725, $1,9, $3,8, $418, 22 $211,5 $35, $676,666 $1,765, $3,4, $385, of Sales 211 98 1,948 1,726 389 138 5,19 21 694 194 1575 518 129 4,82 29 791 1,352 836 329 93 3,41 28 1,229 1,663 1,437 168 89 4,586 27 1,42 2,349 2,291 299 12 6,461 26 83 1,549 1,617 211 1 4,37 25 854 1,587 1,593 224 9 4,348 24 1,23 1,842 1,951 268 11 5,194 23 946 2,112 2,368 257 113 5,796 22 985 2,259 2,433 31 1 6,78 1

Manhattan fell from prior year but was up sharply from decade ago levels. There were 5,52 sales in 211, 3.6% less than 5,24 sales in 211, but up 47.2% from 3,431 sales in 22, as the new development housing boom in mid-decade brought more condo sales to the market. Price indicators were mixed. Median sales price was $1,1, in 211, 2.3% above $1,75, in 21 and 71.2% above $642,5 in 22. Average price per square foot followed the same pattern. Average sales price slipped.3% to $1,79,414 in 211 from $1,714,655 in 21 and was $6.5% above $1,65,12 in 22. Greenwich Village saw largest gain and Battery Park City saw most decline. Condo prices on a per square foot basis in Greenwich Village were up 21.9% in 211 from 21. Battery Park City condo price per square foot was down 11% over the same period. MANHATTAN COndos There were 5,52 sales in 211, the first time the annual total fell below 5% since 26. The number fell 3.6% below the 21 total of 5,24 sales but was 47.2% above the 22 total of 3,431. The sharp increase in new development sales during the middecade housing boom brought more condo sales to the market. New development sales accounted for 17.9% of all sales in 211, less than half the housing boom peak in 26 of 5.6%. Market share has generally remained stable since the credit crunch began. Listing inventory fell year-over-year at roughly the same pace as the number, keeping the absorption rate constant. There were 3,382 listings available at the end of 211, 4.6% less than 3,545 listings at the end of 21. The 211 inventory total was 33.6% higher than 2,532 in 22, reflecting the expanded condo sales market. The monthly absorption rate for 211 was 8 months, slightly below the 8.1 month absorption rate in 21 and well below the 9 month average rate for the decade. The price indicators were mixed as compared to last year. Median sales price was $1,1, in 211, 2.3% above $1,75, in 21 and was 71.2% above $642,5 in 22. The 211 median sales price was the second highest level of the decade, but 8.3% below market peak in 28 with a median sales price of $1,2,. Average price per square foot followed the same pattern, rising 5.3% to $1,229 in 211 from $1,167 in 21 and 65.9% above $741 in 22. Average price per square foot in 211 was the third highest level of the decade, but 1.6% below the decade peak in 28 of $1,374. Average sales price slipped.3% to $1,79,414 in 211 from $1,714,655 in 21 and was $6.5% above $1,65,12 in 22. Average sales price in 211 was the third highest of the decade, but 8% below the market peak of $1,858,48 in 28. The average square footage of a Manhattan condo sale in 211 was 1,391, 5.3% smaller than 1,469 in 21 but consistent with the ten year 1,378 square foot average. An average condo sale took 141 days in 211 to sell, 1 days longer than 131 days in 21, but consistent with the 138 day average for the decade. Listing discount fell sharply to 5.1% in 211, down from 9.1% in 21 but just above the 4.4% average for the decade. Condo prices on a per square foot basis in Greenwich Village were up 21.9% in 211 from 21. Lincoln Center was up 16.3% and Upper West Side was up 13.7% over the same period. Battery Park City condo price per square foot was down 11% over the same period. Midtown East + Turtle Bay was down 1.5% and Lenox Hill was down.2% over the same period. 11

Manhattan MANHATTAN condos Price sq. ft / $1,6 $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 8, 7, 6, 5, 4, 3, 2, 1, Average Sales Price $1,79,414 -.3% $1,714,655 6.5% $1,65,12 Average Price Per Sq. Ft $1,229 5.3% $1,167 65.9% $741 Median Sales Price $1,1, 2.3% $1,75, 71.2% $642,5 of Sales 5,52-3.6% 5,24 47.2% 3,431 North: Harlem River South: Battery Park East: East River West: Hudson River 211 $548,727 $88,937 $1,637,277 $3,376,591 $6,311,258 $1,79,414 21 $478,97 $733,327 $1,496,871 $3,17,497 $7,32,267 $1,714,655 29 $537,432 $84,582 $1,716,571 $3,152,81 $6,546,582 $1,698,889 28 $624,493 $96,84 $2,94,454 $4,922,937 $12,221,36 $1,858,48 27 $56,61 $846,985 $1,818,13 $4,93,628 $8,374,792 $1,552,495 26 $551,97 $8,28 $1,769,925 $3,943,217 $7,361,178 $1,481,377 25 $48,88 $75,18 $1,763,39 $3,83,912 $1,417,628 $1,479,68 24 $397,945 $632,189 $1,56,772 $3,455,836 $5,994,39 $1,24,939 23 $363,859 $534,456 $1,295,438 $2,881,973 $5,922,222 $1,51,993 22 $397,76 $483,821 $1,362,741 $2,533,468 $5,786,46 $1,65,12 211 $1,35 $1,62 $1,217 $1,597 $1,832 $1,229 21 $941 $957 $1,159 $1,453 $2,7 $1,167 29 $969 $1,4 $1,246 $1,48 $1,953 $1,21 28 $1,13 $1,18 $1,454 $1,893 $2,915 $1,374 27 $1,75 $1,92 $1,287 $1,697 $2,116 $1,225 26 $1,2 $1,35 $1,192 $1,59 $1,828 $1,142 25 $932 $963 $1,156 $1,375 $2,88 $1,86 24 $773 $796 $912 $1,18 $1,418 $873 23 $656 $678 $819 $981 $1,282 $765 22 $685 $59 $837 $859 $1,418 $741 211 $495, $75, $1,425,55 $2,85, $5,25, $1,1, 21 $458, $689, $1,325, $2,675, $5,8, $1,75, 29 $475, $75, $1,4, $2,621,993 $5,524,6 $1,5, 28 $565, $829,873 $1,695, $3,85, $9,9, $1,2, 27 $55, $793,216 $1,55, $3,925, $6,45, $1,6, 26 $489, $739, $1,525, $3,3, $6,25, $999,85 25 $441, $69, $1,51, $3,251,25 $8,25, $961, 24 $36, $595, $1,25, $2,8, $5,535, $84,418 23 $315, $495, $1,15, $2,7, $3,41, $7, 22 $29, $495, $999,5 $2,495, $4,1, $642,5 of Sales 211 526 1,643 1,933 73 22 5,52 21 45 1621 23 898 241 5,24 29 476 1,376 1,38 62 177 4,29 28 674 1,924 2,72 39 14 5,713 27 884 2,242 3,432 362 49 6.969 26 442 1,482 2,14 181 67 4,186 25 47 1,29 1,586 184 46 3,432 24 372 1,174 1,72 169 42 3,459 23 338 1,6 1,494 141 27 3,6 22 328 1,24 1,661 215 23 3,431 12

Manhattan MANHATTAN luxury co-ops and condos Price sq. ft / $2,5 $2, $1,5 $1, $5 $ 22 23 24 25 26 27 28 29 21 211 1,6 1,4 1,2 1, 8 6 4 2 Average Sales Price $5,49,814-2.1% $5,67,939 89.4% $2,899,44 Average Price Per Sq. Ft $2,2 4.8% $1,928 8.4% $1,12 Median Sales Price $4,175, -3.3% $4,318,275 81.5% $2,3, of Sales 1,16 1.% 1,6 11.8% 99 Note: This sub-category is the analysis of the top ten percent of all co-op and condo sales. The data is also contained within the co-op and condo markets presented. North: Harlem River South: Battery Park East: East River West: Hudson River 211 $5,49,814 26 $4,588,242 21 $5,67,939 25 $4,46,59 29 $5,393,389 24 $3,812,732 28 $6,33,93 23 $3,12,849 27 $4,958,15 22 $2,899,44 AVERAGE PRICE per sq. ft median SALES PRICE number 211 $2,2 2 $1,695 211 $4,175, 26 $3,525, 211 1,16 26 849 21 $1,928 25 $1,592 21 $4,318,275 25 $3,42, 21 1,6 25 778 29 $1,938 24 $1,363 29 $4,174,825 24 $3,, 29 743 24 817 28 $2,272 23 $1,29 28 $4,4, 23 $2,4, 28 1,3 23 849 27 $1,911 22 $1,12 27 $3,75, 22 $2,3, 27 1,343 22 99 MANHATTAN Loft co-ops and condos Price sq. ft / $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 1,2 1, 8 6 4 2 Average Sales Price $2,63,65 1.1% $2,41,71 43.9% $1,434,8 Average Price Per Sq. Ft $1,172 5.3% $1,113 76.2% $665 Median Sales Price $1,61, 2.2% $1,575, 22.9% $1,31, of Sales 793-1.% 81-17.8% 965 Note: This sub-category is the analysis of all co-op and condo loft sales available. The data is also contained within the co-op and condo markets presented. North: Harlem River South: Battery Park East: East River West: Hudson River AVERAGE PRICE per sq. ft median SALES PRICE number 211 $2,63,65 26 $1,98,64 211 $1,172 26 $1,11 211 $1,61, 26 $1,45, 211 793 26 71 21 $2,41,71 25 $1,745,824 21 $1,113 25 $945 21 $1,575, 25 $1,5, 21 81 25 672 29 $1,927,311 24 $1,48,343 29 $1,17 24 $81 29 $1,577,3 24 $1,2, 29 5 24 811 28 $2,215,231 23 $1,392,331 28 $1,28 23 $714 28 $1,795, 23 $1,25, 28 835 23 714 27 $2,182,697 22 $1,434,8 27 $1,229 22 $665 27 $1,63, 22 $1,31, 27 687 22 965 13

Manhattan East side/west side/downtown co-ops & Condos Price sq. ft / $1,4 $1,2 $1, 14, 12, 1, Average Sales Price $1,494,752-1.8% $1,522,41 85.8% $84,364 Average Price Per Sq. Ft $1,122 3.1% $1,88 84.8% $67 Median Sales Price $92,5-3.5% $935, 74.2% $518, of Sales 9,446.4% 9,47 3.9% 9,94 $8 $6 $4 $2 8, 6, 4, 2, North: West 116th Street and East 96th Street South: Battery Park East: East River West: Hudson River $ 22 23 24 25 26 27 28 29 21 211 211 $431,798 $76,751 $1,583,359 $3,273,944 $6,817,48 $1,494,752 21 $414,14 $68,784 $1,455,92 $3,88,525 $7,17,462 $1,522,41 29 $439,769 $725,839 $1,581,638 $2,923,864 $6,472,663 $1,442,852 28 $516,657 $841,22 $2,2,277 $4,658,831 $11,96,354 $1,663,925 27 $464,979 $752,76 $1,719,42 $4,342,699 $8,63,757 $1,46,248 26 $448,939 $715,79 $1,624,187 $3,631,161 $7,153,295 $1,325,226 25 $391,147 $653,288 $1,538,14 $3,58,894 $7,79,355 $1,241,54 24 $311,751 $532,92 $1,324,766 $2,916,55 $5,924,722 $1,41,562 23 $286,568 $461,86 $1,63,932 $2,55,314 $5,23,774 $872,16 22 $239,447 $417,29 $988,43 $2,61,844 $3,97,787 $84,364 211 $858 $947 $1,182 $1,535 $1,965 $1,122 21 $834 $897 $1,126 $1,412 $1,954 $1,88 29 $842 $954 $1,168 $1,39 $1,929 $1,94 28 $1,19 $1,113 $1,47 $1,88 $2,834 $1,284 27 $944 $1,8 $1,25 $1,586 $2,33 $1,148 26 $864 $934 $1,127 $1,43 $1,9 $1,47 25 $84 $861 $1,62 $1,338 $1,91 $975 24 $641 $73 $863 $1,71 $1,54 $792 23 $555 $61 $734 $993 $1,356 $686 22 $486 $522 $656 $981 $1,54 $67 211 $395, $647,5 $1,338,998 $2,75, $5,252,8 $92,5 21 $395, $635, $1,275, $2,647,45 $5,75, $935, 29 $4, $669, $1,3, $2,459,742 $5,181,11 $88, 28 $475, $768,778 $1,65, $3,798,5 $9,4, $996,766 27 $43, $7, $1,437,5 $3,5, $6,45, $899, 26 $41, $66, $1,4, $3,2, $5,8, $85, 25 $365,5 $615, $1,3, $3,5, $5,85, $768, 24 $292, $498, $1,125, $2,452, $5,25, $655, 23 $255, $424, $875, $2,, $4,1, $565, 22 $23, $385, $825, $2,2, $3,999, $518, of Sales 211 1,323 3,343 3,372 1,59 349 9,446 21 1,51 3,255 3,376 1,361 364 9,47 29 1,154 2,581 2,12 924 268 7,29 28 1,729 3,316 3,95 472 192 9,614 27 2,57 4,333 5,334 644 168 12,536 26 1,242 2,926 3,434 378 167 8,147 25 1,244 2,756 3,49 393 135 7,577 24 1,362 2,97 3,335 427 149 8,18 23 1,243 3,7 3,74 394 14 8,488 22 1,275 3,35 3,888 58 118 9,94 14

Manhattan East side/west side/downtown co-ops Price sq. ft / $1,2 $1, $8 $6 $4 $2 7, 6, 5, 4, 3, 2, 1, Average Sales Price $1,195,196-2.2% $1,222,73 79.7% $665,18 Average Price Per Sq. Ft $968.4% $964 75.% $553 Median Sales Price $7, -6.7% $75, 74.9% $4,148 of Sales 4,813 5.6% 4,557-15.5% 5,693 North: West 116th Street and East 96th Street South: Battery Park East: East River West: Hudson River $ 22 23 24 25 26 27 28 29 21 211 211 $353,977 $597,993 $1,48,572 $2,826,719 $7,326,768 $1,195,196 21 $362,15 $616,53 $1,317,385 $2,787,989 $6,697,584 $1,222,73 29 $369,457 $626,84 $1,266,366 $2,398,544 $6,267,972 $1,64,13 28 $441,389 $729,254 $1,675,791 $4,124,655 $11,611,743 $1,312,37 27 $392,852 $642,581 $1,45,513 $3,519,735 $8,694,72 $1,189,938 26 $391,633 $623,66 $1,38,297 $3,29,253 $7,14,14 $1,145,242 25 $347,855 $576,34 $1,267,55 $3,135,92 $6,363,742 $1,35,424 24 $279,656 $463,44 $1,7,652 $2,521,484 $5,897,47 $877,134 23 $247,752 $423,822 $898,954 $2,281,35 $5,65,561 $767,928 22 $215,943 $367,188 $777,282 $2,355,975 $3,864,762 $665,18 211 $736 $819 $1,73 $1,337 $2,119 $968 21 $746 $825 $1,36 $1,298 $1,83 $964 29 $746 $847 $989 $1,19 $1,876 $923 28 $94 $997 $1,242 $1,638 $2,732 $1,121 27 $845 $91 $1,127 $1,418 $2,414 $1,28 26 $777 $824 $1,18 $1,339 $1,949 $939 25 $741 $779 $947 $1,265 $1,817 $879 24 $59 $637 $77 $1,37 $1,538 $717 23 $516 $576 $671 $995 $1,373 $64 22 $446 $47 $595 $964 $1,6 $553 211 $35, $555, $1,152, $2,35, $5,65, $7, 21 $352, $58, $1,15, $2,45, $5,3, $75, 29 $362,833 $585, $1,1, $2,, $4,75, $649, 28 $425, $675, $1,435, $3,526, $9,, $748,48 27 $38, $62, $1,25, $3,275, $6,451,25 $75, 26 $375, $595, $1,195, $2,9, $5,6, $691, 25 $325, $549, $1,95, $2,8, $5,6, $65, 24 $254,5 $435, $899, $2,175, $5,1, $529, 23 $236, $395, $754, $1,9, $4,1, $48, 22 $199, $343, $65, $1,895, $3,55, $4,148 of Sales 211 834 1,826 1,648 368 137 4,813 21 642 1,782 1,55 499 129 4,557 29 725 1,288 83 319 92 3,227 28 1,127 1,548 1,374 166 89 4,34 27 1,188 2,24 2,17 295 12 5,977 26 87 1,484 1,54 26 1 4,11 25 844 1,554 1,517 22 9 4,225 24 993 1,749 1,795 263 17 4,97 23 91 2,7 2,24 254 113 5,524 22 948 2,14 2,253 293 95 5,693 15

Manhattan East side/west side/downtown Condos Price/ sq. ft $1,6 $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 7, 6, 5, 4, 3, 2, 1, Average Sales Price $1,85,947.1% $1,84,63 74.% $1,37,617 Average Price Per Sq. Ft $1,282 6.5% $1,24 83.9% $697 Median Sales Price $1,196,443 2.3% $1,17, 71.2% $699, of Sales 4,633-3.6% 4,85 36.2% 3,41 North: West 116th Street and East 96th Street South: Battery Park East: East River West: Hudson River 211 $564,524 $837,662 $1,75,44 $3,512,119 $6,488,365 $1,85,947 21 $495,495 $758,518 $1,565,862 $3,262,51 $7,193,54 $1,84,63 29 $558,594 $824,491 $1,776,529 $3,2,851 $6,579,66 $1,764,321 28 $657,565 $939,219 $2,179,516 $4,948,612 $12,261,581 $1,949,146 27 $563,584 $865,428 $1,93,847 $5,38,328 $8,376,35 $1,63,364 26 $555,251 $81,658 $1,814,244 $4,39,458 $7,361,178 $1,57,657 25 $482,494 $752,771 $1,85,875 $3,983,197 $1,643,582 $1,51,337 24 $398,367 $637,869 $1,62,957 $3,549,985 $5,994,31 $1,288,79 23 $392,29 $535,874 $1,316,358 $2,912,22 $5,922,222 $1,66,317 22 $37,586 $55,62 $1,279,389 $2,958,176 $4,85,5 $1,37,617 211 $1,66 $1,12 $1,287 $1,641 $1,866 $1,282 21 $971 $983 $1,199 $1,478 $2,22 $1,24 29 $1,5 $1,61 $1,279 $1,495 $1,957 $1,24 28 $1,166 $1,215 $1,497 $1,9 $2,923 $1,416 27 $1,8 $1,118 $1,334 $1,728 $2,12 $1,257 26 $1,26 $1,47 $1,212 $1,54 $1,828 $1,157 25 $936 $966 $1,175 $1,431 $2,96 $1,97 24 $777 $83 $972 $1,126 $1,418 $94 23 $658 $679 $83 $99 $1,282 $771 22 $61 $62 $74 $1,3 $1,29 $697 211 $55, $773,5 $1,525, $2,951,69 $5,125, $1,196,443 21 $463,999 $75, $1,38, $2,785, $5,941,968 $1,17, 29 $495, $766,1 $1,45, $2,654,391 $5,526,877 $1,1, 28 $589,566 $85, $1,755, $3,9, $9,9, $1,27, 27 $59, $799,326 $1,575, $4,65, $6,45, $1,11, 26 $49, $745, $1,55, $3,39,394 $6,25, $1,47, 25 $445, $695, $1,55, $3,5, $8,25, $978, 24 $36, $6, $1,385, $2,954, $5,365, $888, 23 $317,5 $495, $1,151, $2,365, $3,95, $745, 22 $28, $429, $1,1, $2,45, $4,2, $699, of Sales 211 489 1,517 1,724 691 212 4,633 21 49 1,473 1,871 862 235 4,85 29 429 1,293 1,299 65 176 3,82 28 62 1,768 2,531 36 13 5,31 27 869 2,129 3,164 349 48 6,559 26 435 1,442 1,93 172 67 4,46 25 4 1,22 1,532 173 45 3,352 24 369 1,158 1,54 164 42 3,273 23 333 1, 1,464 14 27 2,964 22 327 1,21 1,635 215 23 3,41 16

East SIde 21-21 Prudential Douglas Elliman manhattan market REPORT East Side co-ops Price/ sq. ft $1,4 $1,2 $1, $8 $6 $4 $2 3, 2,5 2, 1,5 1, 5 Average Sales Price $1,464,316 4.% $1,48,341 81.3% $87,767 Average Price Per Sq. Ft $1,18 2.9% $989 72.8% $589 Median Sales Price $81, -1.8% $825, 7.5% $475, of Sales 1,883-1.8% 1,918-1.2% 2,96 North: East 96th Street South: East 42nd Street East: East River (including corridor between CPS, W 57th Street and Eighth Avenue) West: Avenue of the Americas $ 22 23 24 25 26 27 28 29 21 211 211 $332,52 $588,985 $1,54,747 $2,967,939 $8,85,48 $1,464,316 21 $338,897 $6,62 $1,339,49 $3,78,19 $6,887,979 $1,48,341 29 $348,667 $636,51 $1,351,399 $2,576,737 $7,171,21 $1,35,556 28 $44,993 $746,24 $1,739,97 $4,458,651 $12,747,625 $1,726,673 27 $368,251 $627,131 $1,493,84 $3,598,52 $9,581,97 $1,457,612 26 $367,398 $613,72 $1,489,895 $3,491,492 $6,817,241 $1,359,357 25 $324,594 $55,8 $1,279,47 $3,112,378 $6,375,437 $1,172,327 24 $259,299 $445,687 $1,78,538 $2,599,198 $5,994,273 $1,59,29 23 $231,678 $421,889 $941,516 $2,338,799 $5,239,831 $98,36 22 $22,16 $334,777 $854,516 $2,417,641 $4,111, $87,767 211 $691 $793 $1,14 $1,37 $2,251 $1,18 21 $694 $794 $1,43 $1,376 $1,819 $989 29 $723 $834 $1,17 $1,249 $2,44 $978 28 $95 $991 $1,284 $1,773 $2,92 $1,197 27 $799 $868 $1,144 $1,453 $2,58 $1,67 26 $73 $788 $1,79 $1,412 $1,888 $978 25 $672 $722 $945 $1,254 $1,834 $877 24 $536 $583 $763 $1,7 $1,554 $724 23 $469 $55 $678 $1,34 $1,424 $655 22 $462 $45 $625 $999 $1,63 $589 211 $325, $547,5 $1,185, $2,6, $5,9, $81, 21 $32, $565, $1,15, $2,768,75 $6,5, $825, 29 $34, $59, $1,14, $2,2, $5,625, $745, 28 $418,8 $672,14 $1,47, $3,792,94 $9,55, $845, 27 $362,5 $595, $1,265, $3,375, $6,7, $75, 26 $357,5 $585, $1,275, $3,1, $5,25, $755, 25 $35, $53, $1,95, $2,825, $5,3, $699, 24 $249, $425, $88, $2,2, $5,295, $58,5 23 $225, $389, $795, $1,985, $4,1, $545, 22 $2, $329, $695, $2,, $4,6, $475, of Sales 211 264 634 719 183 83 1,883 21 21 686 72 243 77 1,918 29 233 476 38 173 62 1,324 28 344 65 584 98 69 1,7 27 43 837 935 17 95 2,467 26 272 569 635 123 64 1,663 25 281 648 768 13 59 1,886 24 334 72 822 167 86 2,111 23 326 812 1,79 151 84 2,452 22 28 646 953 172 45 2,96 17

East Side east Side condos Price sq. ft / $1,8 $1,6 $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 1,6 1,4 1,2 1, 8 6 4 2 Average Sales Price $1,879,814-7.2% $2,26,39 77.5% $1,59,117 Average Price Per Sq. Ft $1,317 2.3% $1,287 83.7% $717 Median Sales Price $1,19, -3.6% $1,235, 83.1% $65, of Sales 1,53-8.8% 1,155 -.8% 1,61 North: East 96th Street South: East 42nd Street East: East River (including corridor between CPS, W 57th Street and Eighth Avenue) West: Avenue of the Americas 211 $458,425 $824,1 $1,787,521 $3,498,894 $7,213,52 $1,879,814 21 $434,371 $753,274 $1,761,368 $3,347,824 $8,27,826 $2,26,39 29 $526,428 $82,65 $1,666,78 $3,478,877 $6,539,596 $2,15,733 28 $675,671 $1,28,82 $2,544,497 $5,647,682 $13,317,65 $2,337,897 27 $543,524 $933,5 $2,348,861 $6,765,986 $8,23,78 $2,17,87 26 $51,88 $828,8 $1,99,142 $4,83,349 $9,48,5 $1,748,147 25 $437,642 $755,227 $1,886,146 $4,381,722 $12,634,5 $1,75,485 24 $372,231 $626,125 $1,612,65 $4,13,691 $6,52,695 $1,266,633 23 $3,328 $496,76 $1,317,271 $3,16,622 $5,4, $1,1,711 22 $254,263 $447,45 $1,11,284 $3,686,667 $7,175, $1,59,117 211 $939 $1,92 $1,334 $1,712 $2,17 $1,317 21 $911 $989 $1,318 $1,522 $2,324 $1,287 29 $1,42 $1,4 $1,235 $1,567 $1,962 $1,275 28 $1,341 $1,354 $1,675 $2,61 $2,962 $1,589 27 $1,26 $1,178 $1,568 $2,354 $2,291 $1,446 26 $1,29 $1,73 $1,33 $1,61 $2,263 $1,241 25 $933 $968 $1,279 $1,634 $2,643 $1,189 24 $76 $795 $999 $1,351 $1,52 $916 23 $625 $646 $87 $1,134 $1,45 $795 22 $547 $67 $739 $1,175 $1,428 $717 211 $43, $725, $1,552,831 $2,925, $4,887,6 $1,19, 21 $425, $66, $1,4, $2,8, $6,5, $1,235, 29 $465, $698,371 $1,39, $2,825, $6,, $1,2, 28 $54, $783,451 $2,5, $4,717,5 $11,5, $1,374,637 27 $491,5 $789,143 $1,875, $5,75, $7,, $1,25, 26 $47, $725, $1,79, $3,45, $6,5, $1,275, 25 $43, $68, $1,625, $3,6, $11,6, $999, 24 $35, $577,5 $1,375, $3,225, $5,535, $835, 23 $29, $44, $1,11, $2,6, $5,575, $75, 22 $27, $41, $9, $3,6, $8,35, $65, of Sales 211 13 324 424 148 54 1,53 21 82 339 437 236 61 1,155 29 94 39 317 171 83 974 28 139 421 56 82 37 1,185 27 496 792 1,498 2,874 3,52 1,395 26 11 35 568 75 19 1,122 25 132 373 498 82 24 1,19 24 125 439 524 37 21 1,146 23 11 318 498 53 13 983 22 88 366 515 83 9 1,61 18

East SIde 21-21 Prudential Douglas Elliman manhattan market REPORT Upper East Side co-ops Price sq. ft / $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 2, 1,8 1,6 1,4 1,2 1, 8 6 4 2 Average Sales Price $1,633,556 6.5% $1,533,964 83.2% $891,895 Average Price Per Sq. Ft $1,69 4.3% $1,25 72.7% $619 Median Sales Price $875, -.3% $877,2 62.8% $537,5 of Sales 1,41 1.7% 1,386-8.9% 1,547 North: East 96th Street South: East 59th Street East: East River West: Fifth Avenue 211 $327,766 $587,41 $1,576,636 $3,51,43 $8,945,343 $1,633,556 21 $344,939 $592,49 $1,352,871 $3,83,476 $7,317,491 $1,533,964 29 $347,74 $64,787 $1,384,639 $2,749,65 $7,49,818 $1,492,724 28 $435,668 $763,62 $1,816,91 $4,65,914 $13,563,379 $2,8,976 27 $372,684 $631,986 $1,533,86 $3,642,24 $1,241,428 $1,598,827 26 $355,792 $64,6 $1,438,25 $3,287,48 $7,145,335 $1,41,31 25 $31,622 $537,775 $1,344,58 $3,169,756 $6,727,373 $1,311,9 24 $253,58 $435,325 $1,13,967 $2,641,422 $6,181,843 $1,26,334 23 $235,88 $424,747 $957,794 $2,416,376 $5,41,524 $1,15,778 22 $224,118 $338,698 $876,2 $2,439,454 $4,21,25 $891,895 211 $683 $798 $1,148 $1,414 $2,391 $1,69 21 $78 $792 $1,64 $1,389 $1,921 $1,25 29 $74 $849 $1,5 $1,31 $2,13 $1,25 28 $93 $1,4 $1,321 $1,85 $3,23 $1,261 27 $821 $879 $1,174 $1,494 $2,691 $1,111 26 $726 $8 $1,62 $1,344 $1,97 $988 25 $658 $732 $986 $1,31 $1,92 $923 24 $534 $589 $81 $1,16 $1,594 $768 23 $487 $553 $693 $1,66 $1,462 $688 22 $472 $465 $636 $1,9 $1,92 $619 211 $325, $545, $1,24, $2,672,96 $6,364,62 $875, 21 $33, $56, $1,175, $2,795, $6,3, $877,2 29 $345, $587,5 $1,15, $2,35, $6,, $79, 28 $425, $68, $1,527, $4,5, $1,, $9, 27 $37, $599, $1,295, $3,4, $7,495, $8, 26 $359, $58, $1,28, $2,95, $5,296,88 $755, 25 $295, $519, $1,125, $2,825, $5,6, $75, 24 $245, $415, $895, $2,3, $5,6, $625, 23 $22, $39, $795, $2,1, $4,2, $595, 22 $25, $343, $745, $2,, $4,6, $537,5 of Sales 211 197 424 563 156 7 1,41 21 138 469 59 24 66 1,386 29 168 325 285 139 55 972 28 226 394 418 84 61 1,183 27 282 578 666 134 78 1,738 26 194 386 449 1 55 1,184 25 168 428 535 15 53 1,289 24 195 477 545 137 8 1,434 23 186 563 89 13 78 1,766 22 185 424 74 162 36 1,547 19

East Side Upper East Side condos Price/ sq. ft $1,6 $1,4 $1,2 $1, $8 $6 $4 $2 $ 22 23 24 25 26 27 28 29 21 211 9 8 7 6 5 4 3 2 1 Average Sales Price $1,838,923-6.% $1,956,699 82.9% $1,5,556 Average Price Per Sq. Ft $1,259 4.4% $1,26 8.4% $698 Median Sales Price $1,25,.% $1,25, 125.2% $555, of Sales 646-11.5% 73-2.4% 662 North: East 96th Street South: East 59th Street East: East River West: Fifth Avenue 211 $441,5 $797,82 $1,694,937 $3,297,873 $5,719,7 $1,838,923 21 $46,768 $716,263 $1,618,79 $3,6,573 $6,869,843 $1,956,699 29 $498,715 $738,443 $1,716,939 $3,38,468 $6,289,877 $2,115,26 28 $528,282 $827,99 $2,29,495 $5,182,16 $11,363,942 $2,188,861 27 $497,615 $865,436 $1,978,376 $5,888,876 $5,4,192 $1,692,97 26 $532,85 $828,569 $1,964,315 $4,189,72 $7,514,286 $1,743,42 25 $436,112 $735,78 $1,611,894 $3,985,182 $11,631,833 $1,642,746 24 $375,42 $62,514 $1,523,652 $4,227,557 $5,978,421 $1,278,386 23 $33,524 $476,575 $1,279,844 $3,368,756 $5,76,417 $1,17,514 22 $249,2 $434,22 $1,19,227 $3,632,667 $1,5,556 211 $91 $1,63 $1,254 $1,627 $1,771 $1,259 21 $836 $937 $1,217 $1,393 $2,1 $1,26 29 $985 $971 $1,263 $1,56 $1,922 $1,272 28 $1,73 $1,137 $1,53 $1,922 $2,6 $1,413 27 $1,17 $1,99 $1,375 $2,88 $1,775 $1,287 26 $1,56 $1,69 $1,29 $1,628 $1,99 $1,236 25 $923 $943 $1,165 $1,557 $2,546 $1,13 24 $732 $784 $991 $1,469 $1,533 $919 23 $613 $633 $872 $1,198 $1,483 $88 22 $524 $599 $78 $1,154 $698 211 $41, $69, $1,54, $3,125, $4,887,6 $1,25, 21 $41, $645, $1,382,5 $2,667,815 $6,3, $1,25, 29 $465, $699, $1,44, $2,825, $5,875, $1,3, 28 $525, $748,413 $1,875, $4,3, $11,5, $1,275, 27 $49, $759, $1,67, $4,95, $5,, $1,15, 26 $485, $725, $1,75, $3,95, $5,6, $1,2, 25 $433,5 $675, $1,375, $3,4, $1,55, $94, 24 $35, $56, $1,325, $3,495, $5,535, $815, 23 $295, $439, $1,1, $2,65, $5,9, $789, 22 $27, $412, $85, $3,6, $555, of Sales 211 56 187 263 96 44 646 21 44 25 266 169 46 73 29 59 182 21 136 64 651 28 66 195 248 5 24 583 27 1 252 46 41 12 811 26 59 235 355 52 14 715 25 78 227 28 55 18 658 24 54 287 337 24 19 721 23 58 191 324 42 12 627 22 56 25 287 69 662 2

East SIde 21-21 Prudential Douglas Elliman manhattan market REPORT Fifth Avenue/Park Avenue Corridor co-ops Price sq. ft / $2,5 $2, 5 4 Average Sales Price $2,14, -27.6% $2,953,936 22.1% $1,752,664 Average Price Per Sq. Ft $1,492 5.7% $1,412 68.% $888 Median Sales Price $2,14, 9.7% $1,95, 71.3% $1,249, of Sales 323-11.5% 365-17.4% 391 $1,5 $1, $5 3 2 1 North: East 96th Street South: East 59th Street East: Park Avenue West: Fifth Avenue $ 22 23 24 25 26 27 28 29 21 211 211 $329,33 $777,429 $2,16,589 $3,82,541 $1,338,949 $3,243,164 21 $447,5 $782,523 $1,99,611 $3,696,654 $7,988,932 $2,953,936 29 $357,586 $86,18 $2,23,784 $3,461,631 $8,56,494 $3,267,69 28 $64,471 $1,155,5 $2,58,83 $5,453,432 $14,936,217 $4,774,821 27 $425,837 $712,24 $2,175,448 $4,468,596 $1,292,414 $3,499,225 26 $519,857 $785,291 $1,914,951 $3,749,891 $8,567,472 $2,722,758 25 $493,333 $76,65 $1,833,177 $3,528,326 $8,549,897 $2,538,196 24 $336,792 $621,683 $1,521,372 $3,141,722 $7,15,77 $2,56,573 23 $323,423 $686,463 $1,36,452 $2,89,985 $5,692,825 $1,968,961 22 $442,7 $397,91 $1,32,148 $2,827,977 $4,967, $1,752,664 211 $673 $962 $1,376 $1,63 $2,575 $1,492 21 $1,73 $942 $1,312 $1,56 $2,81 $1,412 29 $821 $992 $1,38 $1,484 $2,295 $1,45 28 $1,194 $1,386 $1,64 $2,68 $3,254 $1,914 27 $925 $95 $1,484 $1,74 $2,781 $1,615 26 $936 $92 $1,283 $1,59 $2,32 $1,366 25 $817 $938 $1,233 $1,455 $2,282 $1,312 24 $616 $75 $969 $1,262 $1,775 $1,14 23 $618 $799 $864 $1,225 $1,594 $988 22 $819 $552 $89 $1,139 $1,263 $888 211 $335, $739, $1,9, $3,625, $8,, $2,14, 21 $415, $71, $1,578,287 $3,175, $7,, $1,95, 29 $3, $775, $1,65, $2,95, $7,495, $2,2, 28 $5, $8, $2,3, $4,5, $12,, $2,69, 27 $4, $675, $1,795, $4,75, $7,5, $2,15, 26 $525, $75, $1,66, $3,4, $6,, $1,77, 25 $427,5 $68, $1,75, $3,55, $6,95, $1,825, 24 $35, $65, $1,325, $3,, $6,25, $1,625, 23 $295, $542, $1,25, $2,6, $4,9, $1,337,5 22 $45, $369, $1,2, $2,2, $5,325, $1,249, of Sales 211 12 45 157 7 39 323 21 6 61 147 17 44 365 29 7 4 69 61 36 213 28 17 41 11 5 42 26 27 19 6 177 68 58 382 26 7 45 163 46 32 293 25 9 46 181 54 29 319 24 12 46 167 71 5 346 23 13 52 255 74 47 441 22 18 5 2 1 23 391 21

East Side Yorkville Co-ops Price/ sq. ft $1, $8 25 2 Average Sales Price $745,161 15.1% $647,274 71.7% $434,87 Average Price Per Sq. Ft $777 5.4% $737 75.4% $443 Median Sales Price $55, 8.9% $55, 57.1% $35, of Sales 16 8.8% 147 4.6% 153 $6 $4 $2 15 1 5 North: East 96th Street South: East 86th Street East: York Avenue West: Lexington Avenue $ 22 23 24 25 26 27 28 29 21 211 211 $353,933 $491,224 $925,431 $1,574,867 $3,221,78 $745,161 21 $287,314 $511,864 $838,82 $2,2,786 $647,274 29 $317,916 $526,186 $821,935 $1,645,833 $614,854 28 $395,37 $623,8 $1,52,5 $629,521 27 $353,773 $535,774 $1,5,57 $2,353, $654,362 26 $296,231 $462,91 $1,21,4 $3,4, $613,769 25 $256,941 $432,489 $89,45 $1,57, $1,875, $56,557 24 $212,838 $384,766 $67,993 $1,485,125 $485,49 23 $168,375 $319,155 $71,83 $1,54,625 $1,7, $553,362 22 $141, $27,316 $586,133 $1,125, $434,87 211 $739 $698 $822 $96 $1,136 $777 21 $654 $77 $776 $1,65 $737 29 $66 $755 $783 $925 $744 28 $892 $873 $943 $892 27 $773 $837 $917 $95 $843 26 $649 $716 $84 $1,63 $741 25 $66 $629 $738 $854 $982 $661 24 $481 $549 $632 $828 $573 23 $44 $476 $586 $75 $8 $537 22 $434 $393 $485 $577 $443 211 $375, $43, $875, $1,375, $3,175, $55, 21 $27, $45, $818, $1,9, $55, 29 $325, $51, $785, $1,585, $519, 28 $418, $599, $921,516 $59, 27 $34, $485, $945, $2,375, $495, 26 $275, $455, $875, $34, $47, 25 $23, $415, $849, $1,57, $1,875, $435, 24 $183, $365, $616,25 $1,45, $389, 23 $159, $295, $63, $1,762, $1,7, $416,25 22 $141, $255, $515, $1,125, $35, of Sales 211 39 55 52 9 5 16 21 21 76 43 7 147 29 32 35 31 6 14 28 38 59 22 119 27 59 12 56 6 223 26 26 58 35 1 12 25 17 81 37 2 1 138 24 26 79 38 8 151 23 8 76 77 8 1 17 22 5 77 67 5 153 22

East SIde 21-21 Prudential Douglas Elliman manhattan market REPORT Yorkville condos Price sq. ft / $1,2 $1, $8 $6 $4 $2 3 25 2 15 1 5 Average Sales Price $955,323-4.2% $996,975 53.7% $621,569 Average Price Per Sq. Ft $888-1.% $897 47.5% $62 Median Sales Price $67, -8.8% $735, 36.7% $49, of Sales 117-14.6% 137-11.4% 132 North: East 96th Street South: East 86th Street East: York Avenue West: Lexington Avenue $ 22 23 24 25 26 27 28 29 21 211 211 $425,353 $583,239 $1,19,136 $2,39,385 $2,657,5 $955,323 21 $423,33 $652,576 $1,11,68 $1,715,8 $3,88, $996,975 29 $43, $645,953 $1,135,517 $2,66,71 $2,493, $1,71,242 28 $492,67 $72,518 $1,567,83 $1,322,5 $994,184 27 $461,67 $772,968 $1,278,144 $3,69, $3,25, $1,48,89 26 $449,7 $712,953 $1,286,75 $2,7,1 $995,973 25 $383,592 $62,112 $1,71,976 $2,797,222 $916,797 24 $348,792 $544,424 $1,34,485 $2,557,56 $777, $947,76 23 $266,543 $422,61 $869,493 $1,435, $2,495, $672,91 22 $248,42 $432,616 $831,425 $1,799,667 $2,225, $621,569 211 $854 $793 $894 $1,187 $1,36 $888 21 $873 $844 $915 $968 $1,28 $897 29 $827 $848 $931 $1,15 $1,12 $924 28 $1,42 $966 $1,183 $527 $1,45 27 $918 $1,27 $1,25 $1,292 $1,16 $1,14 26 $866 $932 $988 $1,29 $954 25 $84 $786 $87 $1,279 $85 24 $679 $7 $881 $1,11 $849 $793 23 $538 $558 $652 $67 $894 $65 22 $481 $596 $632 $86 $81 $62 211 $4, $59, $1,1, $1,75, $2,657,5 $67, 21 $43, $617, $1,18,25 $1,575, $3,45, $735, 29 $4, $67,5 $98, $1,725, $2,575, $855, 28 $496,86 $657, $1,327, $1,322,5 $75, 27 $479, $65, $1,15, $3,69, $3,25, $844, 26 $465, $695, $1,16, $2,9, $883, 25 $433,5 $615, $925, $2,7, $715, 24 $34, $515, $1,165, $1,48, $777, $694,5 23 $269, $415, $78, $1,55, $2,495, $54, 22 $25, $45, $79, $2,3, $2,225, $49, of Sales 211 17 41 44 13 2 117 21 12 59 47 15 4 137 29 14 32 3 14 5 95 28 15 61 43 2 121 27 23 53 9 2 1 169 26 15 53 65 4 137 25 13 75 79 9 176 24 24 18 127 5 1 265 23 14 69 75 6 2 166 22 2 51 57 3 1 132 23