Renovation & Modernization of a Classic Midtown Park Avenue Building
90 Park’s redevelopment will be characterized by a • New electric chiller and • Extended base building classic and modern lobby renovation designed by upgraded steam chillers HVAC hours 8am-8pm M-F MOED de ARMAS & SHANNON, featuring • New low-profile induction 8am-1pm Saturday 90 Park Avenue brand new elevator interiors, destination dispatch units and unit covers on and a completely updated mechanical engineering every floor • Tenant proprietary generator and plumbing system throughout the building. • New turnstiles • New first-class restrooms on Redeveloped The comprehensive redevelopment also includes: every floor
90 Park Avenue is is a one million square foot Class A building owned by Vornado Realty Trust. Vornado has commenced an approximate $60 million building-wide renovation to transform 90 Park into a state-of-the-art, Class A building, in line with other recently redeveloped Vornado buildings including: 330 Madison Avenue, 1290 Avenue of the Americas and 888 Seventh Avenue.
New Lobby Storefront and Entrance (Artist Rendering)
2 3 New Lobby Storefront and Entrance (Artist Rendering)
4 5 6 7 Renovated Lobby Interior (Artist Rendering) Renovated Lobby Interior (Artist Rendering) New Lobby Storefront and Entrance (Artist Rendering)
8 9 Stacking Plan
floor RSF availability
42 41 • 2 large blocks available 40 • Multiple boutique tower floors with views 39 • 5 terraces to be built on spec 38 37 36 35 34 33 32 13,878 1Q 2016 31 30 12,400 1Q 2016 29 28 5,142 immediate 27 13,224 immediate 26 9,180 immediate 25 13,200 immediate 24 7,529 immediate 23 22 21 26,400 SF 20 13,200 1Q 2016 Duplex with 19 13,200 3Q 2016 Two Terraces 18 17 16 15 floor RSF availability
13 12,561 immediate 12 11 10 9 22,669 immediate 8 43,147 immediate 7 6 44,968 arranged 240,600 SF 5 4 44,968 arranged 129,800 SF 3 44,997 1Q 2016 Contiguous 2 39,655 immediate 39th Street Park Avenue New Elevator Cabs (Artist Rendering) Private 1,674 (40th Street) Lobbies 805 (Park Avenue)
10 11 Multiple Opportunities for Private Ground Floor Lobbies Private Tenant Lobby on Park Avenue 90 Park Avenue GROUND FLOOR
th 2 distinct private ground floor lobbies 40 Street that can connect directly to the entire Private Tenant Lobby 2nd and 3rd floors
1,674 RSF on 805 RSF on Park Avenue 40th Street East 40th Street East 39th Street East 39th Street East 40th Street
ParkPark Avenue Avenue Park Ave Private Tenant Lobby
Artist Rendering
12 13 Private Tenant Lobby on 40th Street
(Artist Rendering)
14 15 2nd Floor Plan 3rd Floor Plan
Potential for exclusive ground 39,655 RSF floor lobby entrance 44,977 RSF East 39th Street East 39th Street East 40th Street East 40th Street
DOUBLE HEIGHT LOBBY
Park Avenue Park Avenue
16 17 8th Floor Plan 8th Floor with Terrace
43,147 RSF Opportunity for 2 private terraces East 39th Street East 40th Street
East 40th Street
East 39th Street Park Avenue Park
Park Avenue
8TH FLOOR - 43,147 RSF 43,147 - FLOOR 8TH 90 Park Avenue Park 90 Artist Rendering
18 19 Base Floor • Amenity Space Partial 9th Floor Plan
Park Avenue 22,669 RSF frontage work space East 39th Street East 40th Street
Park Avenue
Artist Rendering
20 21 Open Testfit Plan with Perimeter Offices Base Floor • Open Layout
Base Floor Test Fit
seats
Offices 32
Workstations 14
Benching Station 54
Reception 2
Total Seats 157
RSF 44,968 RSF
RSF / Seat 286 RSF
Training Seats 16
Conference / Meeting Seats 68 East 39th Street East 40th Street
Park Avenue
Artist Rendering
22 23 Open Testfit Plan with Interior Offices Creative Open Testfit Plan
Base Floor Test Fit Base Floor Test Fit
seats seats
Offices 10 Offices / Phone Rooms 28
Workstations 70 Workstations / Benching Stations 152
Studio 6 Studio 96
Reception 2 Reception 1
Total Seats 188 Total Seats 277
RSF 44,968 RSF RSF 44,968 RSF
RSF / Seat 239 RSF RSF / Seat 162 RSF
Conference / Meeting Seats 50 Conference / Meeting Seats 171 East 39th Street East 39th Street East 40th Street East 40th Street
Park Avenue Park Avenue
24 25 Midrise Floor with Terrace 12,500 RSF Midrise Suite
with Private Terrace Overlooking Park Avenue 13th Floor
seats Seat Offices 4 Offices 5 Workstations 3 Workstations Trading Desks33 30 Reception 1 Total 37
RSF 12,561 Total Seats 39 RSF/Seat 339 RSF 12,561 RSF
RSF / Seat 322 RSF
Conference / Meeting Seats 26 East 39th Street East 40th Street East 40th Street East 39th Street Artist Rendering N Park Avenue Park Avenue
Test Fit 90 Park Avenue - 13th Floor - North Side 10.18.2013
26 27 29 13th Floor with Terrace (Artist Rendering) Tower Floor with Unobstructed Views Tower Floor Core & Shell Plan
90 Park Avenue 32ND FLOOR - 13,878 RSF
Tower Floor RSF 13,800 RSF Park Avenue East 40th Street East 39th Street East 39th Street East 40th Street
Park Avenue
Artist Rendering
30 31 Tower Floor - Artist Rendering TEL. CLO.
SHAFT SHAFT
Tower Floor Testfit Plan Tower Floor Testfit Plan
Open Plan with Perimeter Offices Open Plan with Interior Offices
seats seats
Offices 14 Offices 16
Workstations 30 Workstations 80
Total Seats 44 Total Seats 90
RSF 13,178 RSF RSF 13,878 RSF
Conference / Meeting Seats 50 Conference / Meeting Seats 28 East 39th Street East 39th Street East 39th Street East 40th Street East 40th Street
Park Avenue Park Avenue
34 35 19th Floor Plan with Terrace 19th Floor with Terrace
13,200 RSF Opportunity for 2 private terraces East 39th Street East 40th Street East 40th Street
East 39th Street Park AvenueAvenue Park
Artist Rendering
19TH FLOOR - 13,200 RSF 13,200 - FLOOR 19TH 90 Park Avenue Park 90 37 Tower Floor Views Tower Floor Views
38 39 90 PARK’S LOCATION AND NEIGHBORHOOD Sustainability Located on Park Avenue between 39th and 40th Street, 90 Park is at the center of the Grand Central and Bryant Park submarkets and a close walk to Gramercy and Flatiron.
90 Park is 2 blocks away from Grand Central Station and within a 90 Park Avenue Sustainability Vornado’s Nationally recognized, short walking distance to Penn Station and the Port Authority. Program Includes: industry-leading sustainability program:
COFFEE BURGERS
1 Aroma Espresso Bar 24 The Capital Grille • Targeting LEED for Existing Buildings Silver • Over 30 million square feet LEED certified 2 Starbucks 25 Benjamin’s Steakhouse BRYANT Certification buildings PARK 3 Silverleaf 26 Beer Bar 4 2 Beans 27 Pershing Square • Tracking of utility consumption through • Over 25 million square feet Energy Star labeled 5 Gregory’s Coffee 28 Rare Bar & Grill ENERGY STAR Portfolio Manager buildings
BREAKFAST OUTDOOR DINING GRAND CENTRAL STATION • Comprehensive green cleaning program with • NAREIT Leader in the Light Gold award, 4th 6 Naples 45 29 Southwest Porch BMS LLC year in a row 7 Pershing Square 30 Bryant Park Grill 31 Rare View Rooftop Lexington • Comprehensive recycling and waste diversion • Named EPA Energy Star Partner of the Year EVERYTHING FOR LUNCH programs with a diversion ratio of 83% 2013 and 2014 STEAKS 8 The Shop at Andaz 9 Park Avenue Tavern 32 Michael Jordan’s Steakhouse • Semi-annual air testing for Indoor Air Quality • Newsweek’s “Top 100 Greenest Companies” - 10 Lexington Brass 33 Sparks Steak House ranked 1st among Real Estate Companies 11 Chop’t Creative Salad 34 Benjamin Steakhouse • Real-time energy management software for 12 Butterfield 8 35 Bobby Van’s Grill & Steakhouse tenants (Energy Information Portal) • Ranked #1 among diversified U.S. REITs in the 13 Pret A Manger 36 STK Midtown Global Real Estate Sustainability Benchmark 14 4 Food • Implementing water reduction measures to (GRESB) SEAFOOD 15 Moonstruck Diner reduce consumption by 30 – 40% 16 Dig Inn 37 Oyster Bar at Grand Central • Recently awarded the BOMA Earth Pinnacle 17 Local Thyme 38 Koi • Construction and demolition guidelines Award for Two Penn Plaza 18 Essen 39 Hakubai at Kitano incorporating key sustainability practices 40 Sushi Yasuda throughout renovation process • New York City’s largest commercial co- SANDWICH 41 Dock’s Oyster Bar & Seafood Grill generation plan installed at One Penn Plaza 19 Bloom’s Delicatessan 42 Zuma • Located near key mass transit lines to facilitate various means of alternative commuting BOWL OF PASTA COCKTAILS
20 Cipriani Dolci 43 Madison & Vine • Available rebates and incentives for tenants 21 Nanni’s Restaurant 44 Cellar Bar through Con Edison and/or NYSERDA 22 Pietro’s 45 Park Avenue Tavern 23 Naples 45 Ristorante 46 The Bar Downstairs 47 Butterfield 8
FITNESS Metro-North Railroad 48 Blink Fitness 41 Building Facts Leasing Contacts
LOCATION CEILING HEIGHTS Josh Glick Andrew Ackerman Jared Silverman The building is located on the West side of Park Avenue between 39th Slab-to-slab SENIOR VICE PRESIDENT, VICE PR ESIDENT, DIRECTOR, Street and 40th Street two blocks south of Grand Central 10ft 10in - Typical Office LEASING LEASING LEASING 15ft 5in - Floor 9 and 26 YEAR BUILT Typical finished ceilings 9ft 10in on perimeter 1964 212.894.7413 212.894.7425 212.894.7458 ELECTRICITY [email protected] [email protected] [email protected] ARCHITECT 8 Watts per USF of power per floor exclusive of base building HVAC; expandable to meet Emery Roth individual needs
RENOVATION EMERGENCY LIGHTING AND POWER 2015 Moed De Armas & Shannon - Full lobby and storefront Landlord installed a new 1,500 KW generator for life safety and proprietary use redevelopment featuring brand new destination dispatch elevators, new electric chiller and upgraded steam chillers, new low profile induction ELEVATORS units and covers on every floor, new turnstiles, extended base building 18 Passenger Cars (Destination Dispatch), 3 Freight Cars HVAC hours, tenant proprietary generator, and new first-class restrooms. HVAC LOBBY ENTRANCE Central plant extended HVAC hours: Monday through Friday 8:00AM to 8:00PM and Main entrance on Park Avenue Saturday 8:00AM to 1:00PM
BUILDING SIZE SECURITY Approximately 990,000 SF 24 hours, 7 days a week, turnstile card key access
FLOORS SPRINKLERS 41 The building is fully sprinklered
FLOOR SIZES TELECOM Floors 2-11 44,000 SF; Floors 12-14 30,000 SF; Floors 15-18 25,000 SF; Verizon, Cogent, MCI, Level 3 RCN, Reliance, Direct TV, Optimum Light Path Floors 19-41 13,000 SF There are three separate points of entry (POE) for providers
FLOOR LOADS ADDITIONAL SERVICES 50-175lbs per SF New bike room with showers and changing rooms ICON Parking garage (ISO cars) LOADING DOCK Onsite Starbucks Disclaimer: All information is from sources deemed reliable, however no representation or warranty is made to Located on the 39th street side the accuracy thereof. Property information is submitted subject to errors, omissions, change of conditions prior to sale or lease or withdrawal without notice. Unauthorized use or reproduction of the images, renderings, plans and other depictions of such included properties and projects is strictly prohibited.
42 43