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Home , 111 West 57th Street, 11 West 54th Street, 18 East 50th Street, 220 Central Park South, 30 West 56th Street, 7 West 54th Street

The Opportunity: A COLLECTION OF 16 EXCLUSIVE LUXURY RESIDENTIAL APARTMENTS

Cushman and Wakefield is pleased to announce that is has been retained on an exclusive basis to arrange for the sale of sixteen (16) residential condominium units above the luxury hotel at 70 West 40th Street (the “Cassa”). Located in the heart of Midtown Manhattan, between Sixth Avenue and Fifth Avenue, residents benefit from easy access to famed landmarks, Bryant Park, Times Square, and Rockefeller Center, in addition to world famous Fifth Avenue shopping and Theatre District cultural institutions.

• 16-unit bulk condo package offering of a variety of serviced apartments including 1 Bedroom and 2 Bedroom units • Short-Term housing units featuring nightly rates ranging between $200 to $500 depending on the season • Minimum length of stay for residents is thirty (30) days – or long-term rentals • Fully-furnished and fully-serviced corporate apartments with outdoor terrace & luxury hotel amenities • Latest in boutique modern amenities such as housekeeping, Wi-Fi, 24hr doorman, concierge, discounted parking garage and fitness center • Ability to effortlesslycombine units into duplexes and triplexes • Typical clientele includes business executives, government officials and leisure seekers • Walking distance from the Bryant Park station with access to the B, D, F, M and 7 lines as well as Grand Central Terminal

Please contact our sales team for additional information or for a tour of the site.

WILL CONRAD MAURICE SUEDE JONATHAN GARFINKEL (212) 660-7740 (212) 589-5131 (212) 660-7713 [email protected] [email protected] [email protected]

DANIEL SOYAK CHARLOTTE REDICAN (212) 698-5552 (212) 713-6950 [email protected] [email protected] ASKING PRICE Ownership Requests Proposals PROPERTY FEATURES

South side of West 45th Street Location between 6th & 5th Avenues

Block 1260

Lot 7502

Lot Dimensions 60’ x 100.42’

Lot Square Feet 6,025

Subject SF 12,702 (approx.)

Zoning C5-2

Unsold Condo Units 16

Annual CAM $207,364

Taxes (19/20) $233,275

TAX MAP:

EAST 45TH STREET

BLOCK: 1260 FIFT H

68 A V E NUE NUE OF THE AMERICAS V E A EAST 44TH STREET

4 CUSHMAN & WAKEFIELD ASSET HIGHLIGHTS

MASTERFULLY CRAFTED FLOOR PLANS ALLOW INVESTORS TO EFFORTLESSLY COMBINE UNITS AND CREATE THEIR DREAM FULL FLOOR APARTMENTS, DUPLEXES, AND TRIPLEXES

EASY ACCESS TO GRAND CENTRAL AND THE B, D, F, M, AND 7 SUBWAY TRAINS

LOCATED IN THE HEART OF MIDTOWN MANHATTAN, WALKING DISTANCE FROM BRYANT PARK, TIMES SQUARE, AND ROCKEFELLER CENTER

RESIDENTS CAN TAKE ADVANTAGE OF ALL OF THE AMENITIES PROVIDED BY THE CASSA HOTEL

UNITS ARE EQUIPPED WITH HOUSEKEEPING, WI-FI, 24HR DOORMAN, CONCIERGE AND FITNESS CENTER

VARIETY OF SERVICED APARTMENTS TO CHOOSE FROM: STUDIO, 1 BEDROOM AND 2 BEDROOM

70 WEST 45TH STREET 5 UNIT OVERVIEW

Monthly Common Annual Common Monthly RE Annual RE Unit Bedrooms Net SF Charges Charges Taxes Taxes 30A 1.0 585 $794 $9,526 $896 $10,749 30B 1.0 793 $1,076 $12,914 $1,212 $14,549 30C 1.0 584 $793 $9,510 $893 $10,715 30D 1.0 661 $897 $10,759 $893 $10,707 31A 1.0 576 $782 $9,384 $888 $10,654 31B 1.0 783 $1,063 $12,757 $1,204 $14,451 31C 1.0 584 $792 $9,515 $895 $10,741 31D 1.0 661 $897 $10,764 $1,011 $12,127 37A 2.5 1,271 $1,731 $20,770 $1,968 $23,610 37B 1.0 584 $795 $9,544 $931 $11,173 37C 1.0 661 $900 $10,802 $1,014 $12,169 38A 2.5 1,252 $1,706 $20,470 $1,922 $23,062 38B 1.0 584 $795 $9,548 $896 $10,757 38C 1.0 661 $901 $10,807 $1,015 $12,175 40A 2.0 1,217 $1,660 $19,918 $1,881 $22,566 40B 2.0 1,245 $1,698 $20,376 $1,923 $23,070 Total Monthly: 12,702 $17,280 $207,364 $19,440 $233,275

Please ask us for the current month’s nightly rates charged per unit and expected monthly income. Monthly income will vary due to short-term rentals and adjusting of nightly rates to demand.

6 CUSHMAN & WAKEFIELD FLOOR PLANS

5 UNITS AVAILABLE 30TH FLOOR 0 BEDROOM - 1 BATHROOM

Sponsor: Waterscape LLC, 15 West 34 Street, Floor 7, New York, New York 10001 Artist renderings reflect the planned scale and design intent of the building and are subject to sponsor's right to amek changes to amterial specifications and design. We reserve the right to make changes in accordance with the applicable offering plan. views shown are approximate and will vary depending on unit and floor. The complete offering terms are in an Offering plan available from the sponsor. File No. CD080121. We are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

5 UNITS AVAILABLE 30TH FLOOR 1 BEDROOM - 1 BATHROOM

70 WEST 45TH STREET 7

4 UNITS AVAILABLE 31ST FLOOR 0 BEDROOM - 1 BATHROOM

Sponsor: Waterscape LLC, 15 West 34 Street, Floor 7, New York, New York 10001 Artist renderings reflect the planned scale and design intent of the building and are subject to sponsor's right to amek changes to amterial specifications and design. We reserve the right to make changes in accordance with the applicable o ering plan. views shown are approximate and will vary depending on unit and floor. The complete o ering terms are in an O ering plan available from the sponsor. File No. CD080121. We are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an armative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial statusSponsor: or national W aorigin.terscape LLC, 15 West 34 Street, Floor 7, New York, New York 10001 Artist renderings reflect the planned scale and design intent of the building and are subject to sponsor's right to amek changes to amterial specifications and design. We reserve the right to make changes in accordance with the applicable o ering plan. views shown are approximate and will vary depending on unit and floor. The complete o ering terms are in an O ering plan available from the sponsor. File No. CD080121. We are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an armative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

4 UNITS AVAILABLE 37TH FLOOR 1 BEDROOM - 1 BATHROOM

8 CUSHMAN & WAKEFIELD FLOOR PLANS

2 UNITS AVAILABLE 30TH FLOOR 1 BEDROOM - 1 BATHROOM

“Combine units effortless to create your dream full floor home”

70 WEST 45TH STREET 9 SERVICES

Your staff will provide a wide array of services that give you convenience and piece of mind, while you’re busy with work or enjoying all that the city has to offer. You will experience a level of service with every convenience and consideration, whether it’s a private dinner party in your home or tickets to the theater.

A LA CARTE SERVICES INCLUDE:

• 24-hour room service • Dry cleaning and laundry services • 24-hour concierge, including travel arrangements, local and international postage, and in0room message services • Child and pet care services • Daily fresh flower deliveries • Limousine service • Valet service • Storage for residential units • Overnight hand-polished shoeshine service

10 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 11 RESIDENTIAL UNIT AMENITIES

• Washer and Dryer in Unit • Fully equipped kitchen: Lacquer cabinetry • Stainless steel appliances: By Miele, Liebherr and Wolf • Granite countertop: Pietra Bedonia stone finish • Cable TV • Internet and WIFI service • 24-Hour Doorman (7 Days)

12 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 13 AMENITIES

GARDEN COURTYARD

Cassa offers its residence a stunning indoor and outdoor private courtyard with lounge seating and access to bar services. The space is situated towards the back of the building and can be the perfect short getaway from the energy of midtown Manhattan.

FITNESS

A state-of-the-art fitness center with ceiling- high windows offering cardiovascular machines, weight lifting machines and free weights to Cassa guests and residents.

14 CUSHMAN & WAKEFIELD OUTDOOR LOUNGE AND TERRACE Located on the 10th floor, Cassa’s lounge is a stylish, light-filled setting where residents can congregate too. This section leads out onto an outdoor terrace with lounge-style seating.

CREATE A BUSINESS CENTER Here for business? Cassa NY offers its residents a private meeting space with capacity of up to 20 persons. The space features a polycom and projector for setting up presentations and catering options through the hotels services.

70 WEST 45TH STREET 15 BUTTER RESTAURANT

Helmed by Food Network Star and Executive Chef Alex Guarnaschelli, Butter Restaurant has maintained an exclusive niche restaurant scene for stylish Manhattanites since its initial inception on Lafayette St. in 2002. Butter offers its residents the option to host private events such as lunch meetings, cocktail hours, and special occasions.

“I created an American menu spotlighting local ingredients and allowing their flavors to shine.”

– Alex Guarnaschelli

16 CUSHMAN & WAKEFIELD “A lot of [classic dishes] have flavor depth built inside, which really is the showing of a great chef as opposed to making something that I have tasted at a zillion other restaurants before.”

– Manhattan Digest

This “upscale” Midtown New American from Alex Guarnaschelli offers “creatively prepared” dishes in a “striking” subterranean space; the “bustling” scene is “cool” for the area...

– ZAGAT

70 WEST 45TH STREET 17 ABOUT THE CHEF

IRON CHEF ALEX GUARNASHCELLI

Alex Guarnashcelli is a world-renowned chef, who began her international culinary journey at Michelin three-star restaurant Guy Savoy in Paris. She spent the next four years as sous chef at the acclaimed Butte Chaillot before moving her practice back to the United States. Alex joined the venerable Daniel Boulud in New York City at his restaurant, Daniel. In 2003, Guarnaschelli was given the opportunity to expand her repertoire and become the executive chef at Butter in Midtown Manhattan.

• Winner of 2012 Iron Chef America • Winner of Beat Bobby Flay • Judge of notorious Food Network shows Chopped & Food Network Challenge • Host of Alex’s Day Off and The Cooking Loft on the Food Network and Cooking Channel • Chef-Instructor at New York City’s Institute of Culinary Council • Member of the Institute of Culinary Education Advisory Council • The Chair of the Museum of Food and Drink’s Culinary Council

18 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 19 ARCHITECTURE & DESIGN

ARCHITECTURE BY TEN ARQUITECTOS, ENRIQUE NORTEN

“The tower strikes a prominent profile in the Manhattan skyline… an obelisk marking its location among the chorus of the midtown skyline.”

Considered one of Mexico’s most dynamic architects and one of America’s most exciting architects, Mr. Norten has built a diverse portfolio of more than 100 build works ranging from cultural, residential, hotel and infrastructural properties in Mexico City, New York and Miami.

NOTABLE AWARDS • 2005: “Leonardo da Vinci” World Award of Arts, World Cultural Council • 2007: “Legacy Award,” Smithsonian Institution • 2015: Richard J. Neutra Medal for Professional Excellence • 1998: First Mies van der Rohen Award recipient for Latin American Architecture

20 CUSHMAN & WAKEFIELD THE GUGGENHEIM MUSEUM, MERCEDES HOUSE, HOTEL HABITA GUADALAJARA NEW YORK CITY NEW YORK CITY AIANY Design Award (2006) AIANY Design Excellence Latin American Building of Award (2016) the Year,” World Architecture Awards (2002)

NEW YORK PUBLIC LIBRARY

70 WEST 45TH STREET 21 ARCHITECTURE & DESIGN

IN COLLABORATION WITH, CENTRARUDDY

“The interior public spaces were designed to welcome and inspire.”

CentraRuddy is an award-winning architecture, planning and interior design firm, led by co-founders and Interior Design Hall of Fame inductees, John Centra and Nancy Ruddy.

NOTABLE AWARDS • John Centra: AIA Fellow, the highest degree of membership honor • Nancy Ruddy: “100 Women Leaders for the 21st Century,” Real Estate Weekly • Nancy Ruddy, “Business Owner of the Year” by the National Association of Women Business Owners • Nancy Ruddy Career Archievement Award of the School of Architecture of the City College of New York

22 CUSHMAN & WAKEFIELD 135 W 52ND ST, ONE MADISON, THE CHOICE SCHOOL, NEW YORK CITY NEW YORK CITY THIRUVULA, INDIA Interior Design Best AIA NY Housing Design Award (2015) PLAN Architecture Award of the Year (2017) Architzer A+ Award (2014) Finalist (2017) International High Rise Award (2012) AIANY Design Award (2016)

ROSE HILL

70 WEST 45TH STREET 23 FIFTH AVENUE SHOPPING

THE WORLD’S MOST NOTORIOUS SHOPPING STREET AT YOUR FINGERTIPS

Midtown East is a submarket with no equal in regards to shopping. Recognized as one of only a handful of truly first-class shopping locations in the world, Fifth and Madison Avenues offer a staggeringly impressive display of elite retailers.

24 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 25 RESTAURANTS

ICONIC DINING NEAR YOU

The area’s dining options are as plentiful as they are diverse, offering something for every palate from hyper-trendy spots to oak bar classics. Ranging from traditional, white-cloth experiences at Del Frisco’s Double High end French seafood restaurant Eagle Steakhouse to one of New York City’s most iconic pizzeria’s, Joe’s started in Paris in 1972 Pizza, midtown Manhattan is filled with a broad range of dining options.

Traditional American steakhouse with a modern, sleek twist

Luxury Omakase experience with an intimate and speakeasy environment

Authentic, quality New York Pizza with a presence in NYC for over 37 years

26 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 27 HOME AWAY FROM HOME

CASSA IS A SANCTUARY OF PEACE AND LUXURY IN THE CITY THAT NEVER SLEEPS

28 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 29 VIEWS

30 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 31 RESIDENTIAL MARKET OVERVIEW

RESIDENTIAL MARKET:

The Manhattan real estate market welcomed positive news in the Second Quarter of 2019. Residential sales increased 5% year-over-year, with $7B in sales over 3,300 transactions. The Manhattan housing market is gaining momentum, as many sales were new development deals where the contract was signed in prior quarters. Sales improved in the Second Quarter due to an 82% increase in new development closings. Signed contracts, a more reliable indicator of current market activity, were stable with this time last year, supported by a rush of activity in April.

New development closed sales increased 82% year over year, which is the greatest percentage increase since the Second Quarter of 2010. The 736 closings represent a 3-year high. Closings have commenced at 15 new development projects such as One Manhattan Square and 15 Hudson Yards.

Q2 2019 STATS:

MEDIAN PRICE: AVERAGE PPSF: $1.225M $1,803

DAYS ON MARKET: CLOSED SALES: 132 3,314

32 CUSHMAN & WAKEFIELD AMENITIES MAP

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Food, Restaurants & Cafes 18 Katsu-Hama 36 Keens Steakhouse 5 CVS Pharmacy 4 Victoria's Secret 22 Ted Baker 1 Bibble & Sip 19 Royal Grill Halal Food 37 Matto Espresso 6 Duane Reade 5 Jimmy Choo 23 Sephora 2 Le Bernardin 20 Xi'an Famous Foods 38 Izakaya MEW 7 Duane Reade-Walgreens 6 Bonobos 24 GUESS 3 Trattoria Trecolori 21 Burger & Lobster 39 Barn Joo 35 Health & Fitness 7 LOFT 25 Lou & Grey 4 Baked by Melissa 22 JOE & THE JUICE Bars & Lounges 1 New York Sports Clubs 8 Banana Republic 26 Barnes and Noble 5 Patzeria Perfect Pizza 23 Joe's Pizza 1 Tonic Times Square 2 Equinox 9 Gap 27 Jos. A. Bank 6 Del Frisco's Double Eagle Steakhouse 24 Dough 2 Dutch Freds 3 Equinox 01 Cole Haan 28 Foot Locker 7 Magnolia Bakery 25 Whole Foods Market 3 The Rum House 4 New York Sports Clubs 11 SAINT LAURENT PARIS 29 Tourneau 8 Sushi by Bou 26 Le Pain Quotidien 4 Bar SixtyFive 5 Equinox 21 Calvin Klein 30 Coach 9 Shake Shack 27 Maison Kayser 5 The Perfect Pint 6 Equinox 31 Marc Jacobs 31 Zara 10 Havana Central 28 Parker & Quinn 6 Refinery Rooftop 7 Blink Fitness 41 Chloé 32 Sephora 11 Junior's 29 Dr Smood 7 Reichenbach Hall 8 New York Sports Clubs 51 Saks 33 BCBGMAXAZRIA 12 Los Tacos No.1 30 Maison Kayser 8 Monarch Rooftop 9 Pilates On Fifth 61 Prada 13 Carmine's Italian Restaurant 31 Café Zaiya Drug Stores 10 Crunch Fitness 71 Cartier 14 Ipanema Restaurant 32 Calle Dao 1 Duane Reade Retail 81 HUGO BOSS 15 Hatsuhana Sushi Restaurant 33 Zen Ramen & Sushi 2 Duane Reade 1 ALDO 91 Burberry 16 Nino's 46 34 Benjamin Steakhouse 3 Walgreens 2 Bluemercury 02 Ann Taylor 17 Tony's Di Napoli 35 New York Sweets 4 Duane Reade 3 Nike 21 lululemon athletica

70 WEST 45TH STREET 33 LUXURY CONDO MARKET

1 2

432 PARK AVENUE ONE 57

Units 104 Units 94 Park Stories 96 Stories 75 AD Year Built 2015 Year Built 2014 SE RO E 65TH STREET W 65TH STREET 65TH ST TRANSVER Architect Rafael Vinoly Architect Christian de Portzamparc

EAS r Amenities 24 hour doorman and concierge, private kitchen Amenities 24-hour doorman and concierge, bike storage,

and dining room, library, lounge, conference room, laundry facility, fitness center, T DRIprivate yoga studio, full W 64TH STREET children’s playroom, screening room, storage units, catering kitchen, lounge and library, private dining/ E 64TH STREET t wine cellars, bike storage, landscaped terrace, health conference room, pantry, concertVE hall/theatre, pet club with pool and aerobics rooms, residence only wash room, indoor pool, spa, access to room service, restaurant and catering, housekeeping, chauffeur housekeeping and concierge services, on-site parking services, private driveway, on-site parking available W 63RD STREET E 63RD STREET

C BRO O L e AD t UMBUS A Recent Sales Recent Sales W A Beds/ Beds/ Y Units Bath Date Sale Price SF PPSF Units Bath Date Sale Price SF PPSF W 62ND STREET E 62ND STREET

VENUE #86B 3/4.5 6/21/2019 $29,543,232 4,028 $7,334.47 #35A 1/1.5 4/16/2019 $4,250,000 1,060 $4,009.43

#53ACENTRAL P 2/2.5 6/19/2019 $10,785,833 1,789 $6,028.97 #36A 1/1.5 3/20/2019 $4,500,000 1,060 $4,245.28 #36A 3/4.5 6/18/2019 $15,750,000 4,003 $3,934.55 #36D 1/1.5 3/19/2019 $3,252,045 1,021 $3,185.16 W 61ST STREET#40A 4/4.5 4/9/2019 $19,603,872 4,430 $4,425.25 #40E 2B/2 2/6/2019 $3,869,350 1,287 $3,006.49 E 61ST STREET #35B 3/4.5 2/19/2019 $15,000,000 4,003 $3,747.19 #35F 3/3.5 2/6/2019 $9,020,029 2,482 $3,634.18 y ARK WE HIGH $29,543,232 $7,334.47 #60B 3/3.5 1/29/2019 $22,158,994 4,193 $5,284.76 AVERAGE $18,136,587 $5,094.09 HIGH $22,158,994 $5,284.76

S E 60TH STREET T AVERAGE $7,841,736 $3,894.22

Central Park FIFTH A MADISON A P LEXIN G THIRD A Columbus SIXTH/AVENUE OF THE AMERICAS CENTRAL PARK SOUTH W 59TH STREET E 59TH STREET ARK A

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W 57TH STREET E 57TH STREET 34 CUSHMAN & WAKEFIELD

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220 CENTRAL PARK SOUTH 111 WEST 57TH STREET

Units 118 Units 60 Park Stories 79 Stories 82 AD SE RO E 65TH STREETYear Built 2018 Year Built 2021 W 65TH STREET 65TH ST TRANSVER Architect Robert A.M. Stern Architects Architect SHoP Architects

EAS r Amenities 24-hour doorman and concierge, porte-cochere, bike Amenities 24-hour doorman and concierge, private porte-co-

T DRI room, fitness center, juice bar, spa, swimming pool, chere, 82 foot pool, fitness center, dining room, W 64TH STREET E 64TH STREET squash court, basketball court, golf simulator room, terrace t VE weight room, yoga/pilates room, children’s amenity area, library, lounge, meeting room, dining room, communal terrace, on-site parking garage

W 63RD STREET E 63RD STREET

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O L Recent Sales LUXURY CONDO MARKET e AD t UMBUS A Beds/ %CHG %CHG W Units Bath Date Sale Price SF PPSF A 2Q19 2Q18 (YR) 1Q19 (QTR) Y W 62ND STREET E 62ND STREET#26C 2/3.5 7/17/2019 $14,611,887 2,455 $5,951.89 Sales 736 405 82% 360 104% VENUE #38A 3/3.5 2/25/2019 $22,503,325 3,114 $7,226.50 Market Share 22% 13% 9% 15% 7% CENTRAL P #40A 3/3.5 2/20/2019 $23,386,675 3,114 $7,510.17 #37A 3/3.5 2/19/2019 $22,197,850 3,114 $7,128.40 Closed new development sales increased by the greatest percentage since Second Quarter 2010, up 82% year-over-year to W 61ST STREET E 61ST STREET #39A 3/3.5 2/15/2019 $22,808,800 3,114 $7,324.60 736 closings, a three-year high. Fifteen new developments have y ARK WE S HIGH $23,386,675 $7,510.17 commenced closings so far this year, double the number that began closings in the first six months of 2018. Included among AVERAGE $21,101,707 $7,108.62 these are Fifteen Hudson Yards and One Manhattan Square, each of which had well over 100 contracts ready to close by the start E 60TH STREET T of the quarter. Note: New developments are excluded because many available, unsold units are held off the market for long periods of time. Central Park FIFTH A MADISON A P LEXIN G THIRD A Columbus SIXTH/AVENUE OF THE AMERICAS CENTRAL PARK SOUTH W 59TH STREET E 59TH STREET ARK A 800

Circle SEVENTH 600 VENUE T VENUE VENUE

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ANNUAL SUBWAY RIDERSHIP BY STATION

42 STREET – BRYANT PARK & 5TH AVENUE B D M F 7 16,056,128/Year

42ND STREET – TIMES SQUARE N R Q W S 1 2 3 A C E 65,060,656/Year

Opera Park Central Park New W 63RD STREET Zoo E 63RD STREET E 63RD STREET C CENTRAL P FIFTH A MADISON A P LEXIN G THIRD A SE C FIR S AM S BRO Wollman ARK A

York O L Damrosch State Skating

AD OND A UMBUS A TER D Park Theatre Rink T A W VENUE T VENUE VENUE

A VENUE Y ON A AM A VENUE ARK WE S W 62ND STREET Heckscher E 62ND STREET VENUE E 62ND STREET VENUE VENUE ENTRANCE TO BRIDGE VENUE Fordham Law School Playground T W 61ST STREET E 61ST STREET R E 61ST S Fordham University NY Institue of Technology E 60TH STREET East Side E 60TH STREET The Pond N,Q,R John Jay Central Park College Columbus Bloomingdales Circle W 59TH STREET A,B,C,D,1 CENTRAL PARK SOUTH W 59TH STREET E 59TH STREET E 59TH STREET ENTRANCE TO BRIDGE

W 58TH STREET W 58TH STREET E 58TH STREET E 58TH S

W 57TH STREET N,Q,R F W 57TH STREET E 57TH STREET E 57TH STREET SIXTH/AVENUE OF THE AMERICAS

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W 51ST STREET E 1 W 51ST STREET E 51ST STREET E 51ST STREET Clinton

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Square AVENUE W F W 46TH STREET W 46TH STREET E 46TH STREET E 46TH STREET

W 45TH STREET W 45TH STREET E 45TH STREET E 45TH STREET

Theater VANDERBILT AVENUE District

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W 43RD STREET S W 43RD STREET E 43RD STREET S 7 E 43RD STREET

Chrysler TUDOR CITY PLACE Bldg.

W 42ND STREET A,C,E N,Q,R,S,1,2,3,7 W 42ND STREET E 42ND STREET E 42ND STREET PARK AVENUE Grand Central FIFTH AVENUE 7 MADISON AVENUE T

W 41ST STREET Bryant New York E 41ST STREET E 41ST STREET D Port Public Library Y Authority Park E

R Bus

A Terminal V E W 40TH STREET N W 40TH STREET E 40TH STREET E 40TH STREET U E Times Square South

W 39TH STREET SEVENTH AVENUE W 39TH STREET E 39TH STREET E 39TH STREET ENTRANCE STREET

W 38TH STREET D W 38TH STREET E 38TH STREET E 38TH STREET

BROADWA FIRST AVENUE Y E R

A V E N

W 37TH STREET U W 37TH STREET E 37TH STREET E 37TH STREET E

Queens Midtown Tunnel

W 36TH STREET W 36TH STREET E 36TH STREET E 36TH STREET

Murray Hill TUNN 36 CUSHMAN & WAKEFIELD E St. Vartan’s 70 WEST 45TH STREET 37 THE NEIGHBORHOOD

MIDTOWN EAST:

Midtown East, stretching from 42nd to 63rd Streets and flock to the area for its proximity to the UN on First Fifth Avenue to the East River is characterized by energized Avenue and East 43rd Street. and diverse street life, both day and night, prominent office towers, and easy access to transportation. From the In addition, two of the city’s most sought after prestigious flagship stores on Fifth and Madison Avenues residential enclaves – Sutton Place and Beekman Place to the Midtown office core on Park and Lexington, the – are located within Midtown East. This mix of office western side of this neighborhood is all about business, towers, retail flagships, foreign consulates, and desirable tourism, shopping, and recreation. Moving eastward, residential locations draw a diverse group of shoppers, Third, Second, and First Avenues are predominantly lined commuting businessmen and women, tourists, foreign with post-war residential towers, with mid-rise elevator dignitaries, and young residents to visit, work, and live and walk-up apartment buildings filling in the side streets. in Midtown East. United Nations employees, ambassadors, and visitors

A MAJOR EMPLOYMENT CENTER:

The Greater Midtown business district is one of the the economic engine of the city and perhaps even largest job centers in New York City and one of the the United States, drawing in more workers than any most high-profile business addresses in the world. other American central business district. The area’s The area spanning Fifth and Second Avenues between tenants have historically included prestigious financial East 39th and East 57th Streets contains more than 70 institutions, law offices, hedge funds and private million square feet of office space, more than a quarter equity firms, largely because the proximity to Grand million jobs, and innumerable Fortune 500 Companies. Central Station makes for an easy commute from Many of the world’s most iconic office buildings are Westchester and Fairfield Counties, from which many located in Midtown East, including the Chrysler high-powered executives hail. Building, the Graybar Building, the Helmsley Building, the Seagram Building, Lever House, the Empire State Area tenants serve as a who’s who of industry leaders Building, and the MetLife Building. including: NBC Universal, McGraw-Hill, The New York Times, Colgate-Palmolive, JPMorgan Chase, Bank Midtown Manhattan continues to be one of the of America, PricewaterhouseCoopers, and Cleary most sought-after office addresses in the New York Gottlieb Steen & Hamilton. metropolitan region. The neighborhood serves as

LOCAL ATTRACTIONS:

Within just a few blocks are several landmarks of performances by the world’s most famous artists on national and world renown such as Grand Central a near nightly basis. Midtown East is also home to the Terminal, the New York Public Library, and the Empire United Nations at East 43rd Street and First Avenue, State Building. Bryant Park, just a stone’s throw and many of the U.N.’s employees and dignitaries call away, serves as an urban oasis to Midtown workers the neighborhood home. Additionally, some of New and tourists alike from morning to night throughout York’s oldest and most prestigious private clubs are all seasons. To the west, Madison Square Garden, the located in Midtown East, including the Yale Club and “world’s most famous arena” and home of the New the University Club. York Rangers and New York Knicks, plays host to

38 CUSHMAN & WAKEFIELD 70 WEST 45TH STREET 39 THE NEIGHBORHOOD

UNITED NATIONS DAG HAMMARSKJOLD HEADQUARTERS: PLAZA:

Midtown East is home to the United Nations The 1.5 acre park is named after Dag Hammarskjold, Headquarters, located off First Avenue between East a luminary who served as Secretary-General of 42nd and 45th Streets. The complex has served as the United Nations in 1953 and who spent his term the official headquarters of the United Nations since suppressing and preventing war across the world, opening in 1952. The United Nations was created to ultimately earning the Nobel Peace Prize in 1961. A promote co-operation among nations after WWII. The garden sits within the Plaza, dedicated to the life of intergovernmental organization is dedicated to five core Katherine Hepburn, a renowned actress who worked pillars: Peace and Security, Development, Human Rights, hard to conserve the neighborhood, preserving Humanitarian Affairs, and International Law. Embassies, trees and the charming character of Turtle Bay. Now non-profits and missions have chosen the nearby area adorned with a symmetrical layout, steel pavilions, and as their home and utilize the Plaza spanning six blocks fountains, the Plaza is frequently used as a popular around the Headquarters. place for gathering and public demonstrations.

Located within a one-mile radius are many of the foreign embassies, missions and consulates serving United Nations member states. Many nations choose to be within walking distance of the U.N. Headquarters for ease of transportation and convenience.

40 CUSHMAN & WAKEFIELD DINING:

The area’s dining options are as plentiful as they are diverse, offering something for every palate from hyper- trendy spots to oak bar classics. La Grenouille, Jean Georges, and Cipriani all offer traditional, white tablecloth experiences, while relative newcomers STK Midtown and Tao present more modern, high-end options. A variety of steakhouses, including The Palm, Capital Grille, and Smith & Wollensky, offer red-blooded slices of Americana and traditional corporate dining.

Nearly every one of the area’s restaurants serves as a nice spot for after-work drinks, yet there are a number of great bars and lounges to discover. Area hotels such as The Bryant Park Hotel (Cellar Bar), The Setai (Bar on Fifth), and The Gansevoort all offer chic locations to enjoy cocktails with coworkers, clients, or other Midtown workers that complement local watering holes like Park Avenue Tavern.

70 WEST 45TH STREET 41 FOR MORE INFORMATION CONTACT:

WILL CONRAD MAURICE SUEDE (212) 660-7740 (212) 589-5131 [email protected] [email protected]

JONATHAN GARFINKEL DANIEL SOYAK CHARLOTTE REDICAN (212) 660-7713 (212) 698-5552 (212) 713-6950 [email protected] [email protected] [email protected]

Cushman & Wakefield Copyright 2019. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.