YOUR NEW WAY HOME ṢM

Selling Your Home

Building lasting relationships is the cornerstone of our business. Our knowledge and dedication are geared toward obtaining results. Allow us to put our expertise to work to help you achieve your real estate needs. YOUR NEW WAY HOME ṢM

Citi Habitats OUR EXPERTISE. YOUR EXPOSURE. We have the experience, network and personal approach to help you through every step of the sales process. We ll work with you from start to finish to help you successfully sell your property with the greatest efficiency at the maximum price. Our extensive knowledge of the industry and attentive approach to client relationships have helped us stand out as leaders in New York City real estate. over the past three years 40,000 new yorkers found homes through citi habitats industry-leading website 1.2MM unique visitors per year We Are Connected In the past three years alone, we have helped over 40,000 New Yorkers find new homes. Citi Habitats independent agents have extensive lists of qualified leads and have spent years building longstanding relationships with many of their clients. We Get You More Exposure Our best-in-class marketing and public relations teams generate maximum market exposure for Citi Habitats agents and your property. We ll also use direct mail and email marketing to promote your property to your building, neighborhood and our vast network of contacts, including the entire brokerage community. We Have a History in New York City Our extensive network of offices is strategically laid out across Manhattan and Brooklyn. Each neighborhood office operates as a specialized boutique. You get the best of both worlds: personalized service and attention to detail, coupled with the vast resources and technology of a large organization.

CITI HabITaTS be WHERE THE MaSSES are SEaRCHING. We are always striving to provide you with exceptional service and maximum exposure of your listing. We understand the market and will guide you through the process of listing your property across multiple channels. We ll also place your listing on our highly trafficked website and feature it on a combination of the sites seen here. WE GET MORE PRESS THaN MOST. We re mentioned in over 1,000 unique media articles annually. Citi Habitats agents and corporate team are regularly featured as experts and leaders in media such as: Our exclusive listings and closed deals get mentioned in media outlets such as:

$1,200 $1,100 $1,000 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0-2% 1-5% 2 0% 3+ -8% 0 Chelsea East Village Harlem 2.5 2 1.5 1 0.5 0 1.81% 2.02% 2.06% 1.62% 1.90% 1.74% 1.79% 1.50% 1.37% 1.13% 1.42% 1.40% 1.07% Murray Hill July Aug Oct Nov Dec Mar/16 West Village CITI HabITaTS WE RE YOUR EYES and EaRS ON THE REaL ESTaTE MaRKET. This is your chance to leverage our extensive access to real estate information. Selling Your Home Sales Market Reports We publish quarterly and monthly reports giving snapshots of Manhattan and Brooklyn real estate sales. These reports help us appropriately price your apartment, an essential step in the early stages of marketing your property. We have the most comprehensive market data available and are the ultimate resource on emerging market trends. Brooklyn Monthly Market Snapshot CITI HABITATS March 2016 MARKETWIDE SUMMARY Market conditions this month were very different compared to last March. Last year at this time, sale prices were at an all time high while inventory was near an all-time low. March 2016 sales activity increased 5%, likely due to the 21% year-over-year boost in inventory. 41% of buyers negotiated the asking price, a larger share than last year. The average sale price was 2.2% lower than the average asking price this month, now the fourth consecutive month of discounts. Average sale price was 15% lower versus the record high figure last year but 19% higher than last month, which was the lowest average price since July 2014. Median price dropped 9% year-over-year but increased 8% from February. Average price per square foot dipped 8% from last year and just 1% from last month. All bedroom types had price dips versus a year ago except two bedrooms, which held steady. Days on market remained below 60 days, level with last month and last year. Marketwide March 2016 1 Current Month Prior Month % Change Prior Year % Change February 2016 March 2015 Average Sale Price $1,256,100 $1,058,325 19% $1,471,191-15% Median Sale Price $980,000 $905,000 8% $1,082,500-9% Average Price per Square Foot $794 $799-1% $864-8% Average Days on Market 57 56 2% 56 2% Difference from Last Ask to Sale -2.2% -0.6% N/A 0.8% N/A Percent of Sales Sold Below Ask 41% 37% N/A 27% N/A Listed Apartment Inventory Number of Contracts Signed 442 315 40% 421 5% Signed Contracts Price Per Square Foot Bedroom Type Studio Reflects % Change 2 2,276 2,097 9% 1,877 21% March 2015 March 2016 $1,024 $1,001 $955 $986 $983 $912 $834 $769 1 Manhattan Residential Rental Market Report March 2016 AVERAGE RENT SUMMARY: March 2016 Location Studio 1BR 2BR 3BR BPC / Financial Dist. $2,618 $3,707 $5,450 $6,395 Chelsea $2,603 $3,416 $5,071 $6,660 East Village $2,058 $2,813 $3,413 $4,475 Gramercy/Flatiron $2,500 $3,233 $5,100 $6,254 Harlem $1,550 $2,030 $2,589 $3,388 Lower East Side $2,250 $3,050 $3,575 $4,119 Midtown East $2,451 $3,293 $4,075 $5,350 Midtown West $2,432 $3,353 $4,463 $5,215 Morningside Heights $2,001 $2,500 $3,273 $4,154 Murray Hill $2,350 $3,113 $4,000 $4,673 Soho/Tribeca $2,523 $3,698 $5,899 $8,015 Upper East Side $1,976 $2,515 $3,321 $5,550 Upper West Side $2,104 $2,836 $3,875 $6,000 Washington Heights $1,173 $1,678 $2,175 $2,510 West Village $2,685 $3,656 $4,030 $5,598 Average: March $2,208 $2,983 $4,011 $5,210 Average: February $2,191 $3,026 $4,004 $5,236 % Change 1% -1% 0% 0% OVERALL BLENDED AVERAGES: March 2016 BLDG Classification Studio 1BR 2BR 3BR New Development w/ DM* $3,344 4,553 7,077 8,577 Doorman $2,804 4,010 6,410 7,720 Elevator** $2,415 3,191 4,611 5,792 Walkup*** $2,235 2,775 3,780 4,978 7,000 6,000 5,000 4,000 3,000 2,000 1,000 BPC / Financial Dist. Gramercy/Flatiron MEDIAN RENT SUMMARY: March 2016 Lower East Side CITI HABITATS AVERAGE VACANCY RATE: March 2016 Location Vacancy Rate BPC / Financial Dist. 1.83% Chelsea 1.62% East Village 2.48% Gramercy 0.62% Midtown East 1.86% Midtown West 2.09% Murray Hill 1.59% Soho/Tribeca 0.91% Upper East Side 1.76% Upper West Side 2.10% West Village 2.33% Average: March 1.79% Average: February 1.74% Difference -0.05% % OF TRANSACTIONS WITH A CONCESSION MARCH 2016 20% MANHATTAN RENTAL VACANCY RATES: March 2016 Mar Apr May June Sep Jan Feb Median $3,750 $4,450 $3,450 $4,500 $2,600 $2,900 $3,598 $3,550 $3,600 $3,600 $5,315 $3,398 $3,845 $2,498 $3,800 *New Developments include all rental and condo buildings built after 2006. **Elevator averages in the downtown neighborhoods include a significant number of loft rentals compared to other neighborhoods. ***Walkup averages include brownstone and townhouse rentals. The above estimated information is based on Citi Habitats closed rental transactions, current rental listings in the firm s database and company research. Owned and operated by NRT. Midtown East Midtown West Morningside Heights SoHo/Tribeca Upper East Side Upper West Side Washington Heights 4 THE PRICE THaT S RIGHT It s important to appropriately evaluate your property to optimize buyer interest. We work with you to carefully price your listing in accordance with your expectations and our knowledge of the market. We ll help you determine the highest possible asking price for your property at the onset, and we ll be there throughout the process to help you reposition the price if necessary. Citi Habitats agents are experts in pricing and will provide all of the guidance you ll need in order to stay competitive in the market. optimize buyer interest $ ensure seller fulfillment

Citi Habitats WE LL HELP YOUR HOME PUT ITS BEST FOOT FORWARD. We want to help you cast the best light possible on your property. All of our exclusive listings are photographed by professionals who are experts in lighting and photo composition. We ll also give you insider information on effective staging techniques we ve gleaned from our many years in the business. So you ll be equipped with the specifics of how to best present your home and leave viewers wanting to see more. You ll never get a second chance to make a first impression. The Difference Is in the Details 5 tips Flip on all switches good lighting is key. Cut down on clutter to make rooms feel more spacious. Get out the mop and vacuum any home looks better clean. Use mirrors to create the illusion of more space. Crack a window. Fresh air promotes good decisions. Small Investments Yield Big Results 5 tips Get out your toolkit and make any small repairs you can. A new shower curtain never hurt anybody. Purchase flowers and plants to bring in extra fresh air. Refresh the walls with a few coats of neutral paint. Polish floors, mirrors, and fixtures to make your home shine.

CITI HabITaTS WE UNDERSTaND buyers. Experience has shown that superior real estate marketing requires a proven strategic plan and the ability to target buyers successfully. We have nurtured relationships with every kind of buyer from first-time purchasers to foreign investors. As a member of the Real Estate Board of New York (REBNY), we adhere to the 24-Hour Rule, and disseminate all of our exclusive listings to the 225+ firms in REBNY within 24 hours. Your property will be seen by 16,500 sales professionals throughout the entire city, so you ll be seen by the most serious and qualified buyers. Within 24 16,500 hours will have viewed your property sales professionals EFFECTIVE PROPERTY MaRKETING We have a long history of building lasting relationships with clients and potential buyers. Direct mail and email marketing ensure your property receives robust attention from the brokerage community and our vast network of contacts. We design professional show sheets, newsletters, and mailings customized with photos and information that is important to buyers. SIGNAGE Show Sheets Signage Direct Marketing 552 Central Park West Upper West Side web id: 123456 maintenance: $1,183 financing: 90% allowed size: 2br / 1 ba 552 Central Park apartment features Feature 1 Feature 2 Feature 3 online & print West Feature 4 Feature 5 Feature 6 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque auctor accumsan tincidunt. Vestibulum erat tellus, dignissim id ornare quis, tempor sit amet ante. Nunc augue ut tortor consequat ut ultricies lorem vulputate. Integer augue elit, varius eu tempor nec, ultricies vitae velit.t tortor consequat ut ultricies lorem vulputate. Integer augue elit, varius eu tempor nec, ultricies vitae velit.t tortor consequat ut ultricies lorem vulputate. Integer augue elit, varius eu tempor nec, ultricies vitae velit. Integer augue elit, varius eu tempor nec, ultricies vitae velit. Integer augue elit, varius eu tempor nec, ultricies vitae velit.t tortor consequat ut ultricies lorem vulputate. asking price: $2,000,000 For further information please contact Exclusive Agent: GARY MALIN President 212.685.7777 gmalin@ All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. Citi Habitats is a licensed real estate broker. Owned and operated by NRT LLC. CITI HABITATS & AMMIRATI Just Listed - 1600 Broadway BRAND IDENTITY R01 APRIL 11, 2012 18

Citi Habitats MAPPING THE SALE OF YOUR HOME We are with you every step of the way. TWELVE finish EIGHT Bank Gives Clearance to Close Closing Scheduled TEN Bank + Attorney Prep Closing Final Walk-Through + Transaction Closing Co-op Board Package + Interview/Condo Application (Once board package is submitted, scheduling an interview is dependent on board meetings and may take 2-3 s.) SIX day FIVE FOUR Contract Review/Attorney Due Diligence** Loan Approval + Commitment Letter Issued from Bank Loan Application + Appraisal Seller Signs Contract + Sends Copy to Buyer Buyer Signs Contract + Escrow Deposit TWO Offer Negotiation + Acceptance day TWO Offer Preparation journey starts here Preapproval & Property Search day ONE *This timeline is for illustration purposes only. Closing time frame can vary depending on deal terms such as financing and building type. ** Offering Plan, Building Financials, Contract, Board Minutes read at managing agents office.

CLOSING COST ESTIMaTES Condominium Apartments/Townhouses CITI HabITaTS for the seller estimated cost my approx. cost Broker s Commission 6% of the purchase price $ Seller s Attorney Varies. $1,500 - $2,500+* $ Managing Agent Processing Fee $650+ $ New York City Transfer Tax 1% of price for purchase of $500,000 or less; 1.425% of price for purchase over $500,000 (Paid by Seller, except sale by Sponsor) $ New York State Transfer Tax 0.4% of purchase price (Paid by Seller, except sale by Sponsor) $ Reserve Fund Contribution (if applicable) Determined by condo board, payable by buyer unless otherwise stated $ Move-out Deposit $500+ (usually refundable if no damage) $ Payoff Bank Fees (if applicable) $250+ $ E Tax Filing (ACRIS) $100 $ Property Condition Disclosure Statement $500 $ NYS Capital Gains Tax Withholding** 8.82% of taxable gain on sale (only applicable to non-us residents) $ (FIRPTA) Only applicable to non-us residents Buyer to withhold 10% of purchase price $ for the purchaser estimated cost my approx. cost Purchaser s Attorney Varies. $1,500 - $2,500+* $ Building Application $500+ $ Move-in Deposit $500 - $1,000+ (usually refundable if no damage) $ Title Insurance, Title Search & Recording Fees 0.6% of purchase price and up $ Title Closer Customary Fee $200 $ Mansion Tax 1% of total purchase price when price is $1M or more $ Common Charges, Property Taxes & Insurance Premium Adjustments pro-rated as of closing $ mortgage associated fees Points - Origination Costs 0 to 3% of loan value $ Application, Credit Check, etc. $750+ $ Appraisal $425+ $ Bank Attorney $650 - $1,000+ $ Mortgage Recording Tax 1.8% for all mortgages less than $500,000 & 1.925% for all mortgages of $500,000 or more, minus $30 for townhouses Real Estate Tax Escrow 0 to 6 months, depending on lender requirements $ exclusive to new developments $ NYC Real Property Transfer Tax 1 1.425% of purchase price $ NYS Transfer Tax (Transfer taxes are calculated and added to purchase price (for tax purposes) and then recalculated based on the bulked up price.) 0.4% of purchase price $ Sponsor Attorney $1,500+ $ Working Capital Fund Contribution One-time fee equal to 1 or 2 months on common charges, depending on condo $ Not applicable to townhouses. *New York State law requires a written letter of engagement if the legal fee will exceed $3,000. Non New York State residents should procure exemption for state transfer tax forms (TPS584). These are only estimates. Please confirm closing costs for specific transactions with your attorney and/or mortgage broker. **Additional taxes on capital gain associated with the sale of real estate including Federal, State and the specialized Medicare tax may apply. Please consult your tax professional to ensure compliance with all applicable tax regulations.

CLOSING COST ESTIMATES Co-op Apartments for the seller Broker s Commission 6% of purchase price $ Seller s Attorney Varies from $1,500-$2,500+* (Paid by Seller, except sale by Sponsor) $ Managing Agent/Co-op Attorney Fee $650+ $ Citi Habitats my approx. cost New York City Transfer Tax 1% of price for purchase of $500,000 or less; 1.425% of price for purchase over $500,000 (Paid by Seller, except sale by Sponsor) $ New York State Transfer Tax 0.4% of price (Paid by Seller, except sale by Sponsor) $ Stock Transfer Tax $0.05 per share $ E Tax Filing (ACRIS) $100 $ Flip Tax (if applicable) Determined by co-op building (unless otherwise stated or negotiated) $ Move-out Deposit $500 - $1,000+ (refundable) $ Lost Stock and Lease Fees $250+ $ Estate Fees Co-op may impose additional fees for estate sales $ mortgage associated fees bank fees UCC-3 Filing Fee $75+ $ Bank Attorney Fees $750 - $1,000 $ NYS Capital Gains Tax Withholding** 8.82% of taxable gain on sale (only applicable to non-us residents) $ (FIRPTA) Only applicable to non-us residents Buyer to withhold 10% of purchase price $ for the purchaser my approx. cost Purchaser s Attorney Varies. $1,500 - $2500+* $ Managing Agent Fee $500+ $ Move-in Deposit $500 - $1,000+ (usually refundable if no damage) $ Mansion Tax 1% of purchase price when price is $1M or more $ Lien Search $350 $ Maintenance Adjustment Pro-rated for month of closing $ Points - Origination Costs 0 to 3% of loan value $ Application, Credit Check, etc. $500+ $ Appraisal $425+ $ Bank Attorney $650 - $1,000+ $ UCC-1 Filing $75+ $ *New York State law requires a written letter of engagement if the legal fee will exceed $3,000. Non New York State residents should procure exemption for state transfer tax forms (TPS584). These are only estimates. Please confirm closing costs for specific transactions with your attorney and/or mortgage broker. **Additional taxes on capital gain associated with the sale of real estate including Federal, State and the specialized Medicare tax may apply. Please consult your tax professional to ensure compliance with all applicable tax regulations. Information contained herein is obtained from sources deemed reliable. However, it should not be construed as legal or tax advice. Consult your accountant or tax advisor to confirm your tax obligations as associated with a sale. Real estate agents affiliated with Citi Habitats are independent contractor sales associates and are not employees of Citi Habitats. Citi Habitats is a licensed real estate broker located at 387 Park Avenue South, NY, NY 10016. Equal Housing Opportunity.

Updated 4/5/2017